Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0704%/8h= +77.1% APRpaid last 24h +0.159%

Price spread now: ApeX Omni against Bybit+0.273%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$920.919% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.283%+$28 on $10k

Price spread, last 3 days (all we have)−0.276%−$28 · spread now +0.273%, 7d avg −0.023%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and ApeX Omni is 0.296% dearer against Bybit than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.023%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.283% in total (about 14.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SAMSUNGUSDT	204.92	−0.0604	get 0.0604% / 8h	7h 45m	$7.3M	$15.4M	100x
Short	ApeX Omni SAMSUNGUSDT	205.48	0.0100	get 0.0013% / 1h	45m 29s	$5K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.273%Rate

Funding earned: $147.91
Price spread: +0.273% → −0.023%: $29.65
Slippage, 4 orders: −$70.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $85.64
Costs to cover: 0.919%
Break-even: 2.9 days

Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	0.49 bp	6.4 bp −$6	11.8 bp −$118	135.3 bp −$13.5K	doesn't fit
Sell ApeX Omni live order book, 25 min ago	25.10 bp	40.3 bp −$40	196.6 bp −$1,966	doesn't fit	doesn't fit

SAMSUNG on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SAMSUNGUSDTlong	−0.0604%	8h	204.92	long leg	$7.3M	$15.4M	100x
tradeXYZ xyz:SMSN	−0.0227%	1h	204.87	−0.024%	$45.3M	$48.2M	10x	as long as short
edgeX SAMSUNGUSDC	−0.0211%	4h	205.47	+0.270%	$253K	$463K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	204.86	−0.029%	$5.9M	$24.1M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	204.93	+0.005%	$7.4M	$22.6M	75x	as long as short
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	205.50	+0.282%	$24K	$164K	10x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	205.51	+0.288%	$995	$1.3M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	205.52	+0.293%	$75K	$132K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	205.08	+0.078%	$2.7M	$1.3M	10x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	204.87	−0.024%	$45K	$138K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SAMSUNG-USD	+0.0050%	1h	205.17	+0.122%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	205.41	+0.239%	$318K	$237K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	204.97	+0.027%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	205.14	+0.107%	$562K	$114K	20x	as long as short
ApeX Omni SAMSUNGUSDTshort	+0.0100%	1h	205.48	+0.273%	$5K	$142K	50x
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	205.33	+0.200%	$3K	$488	10x	as long as short
Bitget SAMSUNGUSDT	+0.0264%	4h	205.00	+0.039%	$3.7M	$13.7M	20x	as long as short
BloFin SAMSUNG-USDT	+0.0436%	4h	205.55	+0.307%	$315K	$220K	25x	as long as short
Binance SAMSUNGUSDT	+0.0443%	4h	205.03	+0.054%	$23.5M	$158.0M	25x	as long as short
Extended SAMSUNG-USD	+0.0448%	1h	204.97	+0.025%	$193K	$99K	10x	as long as short
Aster SAMSUNGUSDT	+0.0487%	4h	205.12	+0.096%	$104K	$161K	50x	as long as short
Aevo SMSN-PERP	+0.0536%	1h	205.30	+0.185%	$32K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0812%	1h	205.35	+0.211%	$47K	$17K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.7124%	1h	205.05	+0.063%	$878	$31K	5x	as long as short