Funding arb · Price arb /

SAMSUNG

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h +0.023%

Price spread now: HTX against Bybit−0.165%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.165%, 7d avg −0.011%

Together, before fees+0.530%+$53 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and HTX is 0.154% cheaper against Bybit than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% 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	200.45	−0.1176	get 0.1176% / 8h	7h 19m	$8.4M	$15.8M	100x
Short	HTX SAMSUNG-USDT	200.12	−0.1787	pay 0.0894% / 4h	3h 19m	$61K	$108K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$128.44
Price spread: −0.165% → −0.011%: −$15.41
Slippage, 4 orders: −$15.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$181.95
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 54 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, 4 min ago	0.75 bp	9.3 bp −$9	14.7 bp −$147	139.0 bp −$13.9K	doesn't fit
Sell HTX live order book, 54 min ago	3.22 bp	9.2 bp −$9	14.6 bp −$146	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
GRVT SAMSUNG_USDT_Perp	−0.2820%	4h	200.54	+0.045%	$22K	$219K	10x	as long as short
HTX SAMSUNG-USDTshort	−0.1787%	4h	200.12	−0.165%	$61K	$108K	20x
Extended SAMSUNG-USD	−0.1504%	1h	200.57	+0.061%	$188K	$48K	10x	as long as short
Binance SAMSUNGUSDT	−0.1495%	4h	200.62	+0.085%	$22.6M	$169.8M	25x	as long as short
BloFin SAMSUNG-USDT	−0.1484%	4h	200.52	+0.035%	$328K	$260K	25x	as long as short
Aster SAMSUNGUSDT	−0.1458%	4h	200.39	−0.031%	$103K	$110K	50x	as long as short
Bybit SAMSUNGUSDTlong	−0.1176%	8h	200.45	long leg	$8.4M	$15.8M	100x
Bitget SAMSUNGUSDT	−0.1082%	4h	200.73	+0.140%	$3.6M	$16.6M	20x	as long as short
KuCoin SAMSUNGUSDTM	−0.0878%	4h	200.40	−0.025%	$688K	$241K	20x	as long as short
edgeX SAMSUNGUSDC	−0.0745%	4h	200.39	−0.028%	$246K	$368K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SMSN	−0.0718%	1h	200.45	0.000%	$43.2M	$49.0M	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.0639%	8h	200.45	0.000%	$5.9M	$22.3M	25x	as long as short
Ondo Perps SMSN-USD.P	−0.0581%	1h	200.53	+0.040%	$310K	$223K	10x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0566%	1h	200.34	−0.055%	$799	$30K	5x	as long as short
Gate SAMSUNG_USDT	−0.0364%	4h	200.60	+0.075%	$12.3M	$29.4M	75x	as long as short
Pacifica SAMSUNG	−0.0351%	1h	200.55	+0.050%	$83K	$23K	10x	as long as short
Phemex SAMSUNGUSDT	−0.0107%	8h	200.19	−0.130%	$2.6M	$1.2M	10x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	200.37	−0.040%	$741	$542K	10x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0046%	8h	200.39	−0.030%	$3K	$579	10x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	200.43	−0.010%	$45K	$52K	10x	as long as short
SoDEX SAMSUNG-USD	+0.0050%	1h	200.40	−0.025%	$3K	$3K	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	200.40	−0.025%	$5K	$139K	50x	as long as short
Aevo SMSN-PERP	+0.0104%	1h	200.46	+0.006%	$32K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.1672%	1h	200.36	−0.045%	$45K	$14K	20x	as long as short