Funding you earn now, next payment 12:00 UTC−0.0309%/8h= −33.9% APRpaid last 24h +0.019%
Price spread now: Phemex against HTX−0.104%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.104%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phemex is 0.095% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | HTX SAMSUNG-USDT | 202.85 | 0.0309 | pay 0.0155% / 4h | 2h 56m | $61K | $110K | 20x |
| Short | Phemex SAMSUNGUSDT | 202.64 | 0 | get 0.0000% / 8h | 6h 56m | $2.7M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$64.94
- Price spread: −0.104% → −0.008%
- −$9.52
- Slippage, 4 orders
- −$79.86
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$178.31
- Costs to cover
- 1.039%
- Break-even
- never at this rate
Slippage from HTX: live order book, 12 min ago; Phemex: live order book, 2 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 HTX live order book, 12 min ago | 2.72 bp | 11.3 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.46 bp | 43.6 bp −$44 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMSN | −0.1549% | 1h | 202.72 | −0.064% | $44.7M | $51.3M | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | −0.0928% | 1h | 202.78 | −0.035% | $45K | $52K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0731% | 8h | 202.87 | +0.010% | $6.0M | $22.8M | 25x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0574% | 4h | 202.66 | −0.094% | $695K | $264K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0572% | 1h | 202.78 | −0.035% | $809 | $30K | 5x | as long as short |
| edgeX SAMSUNGUSDC | −0.0454% | 4h | 202.50 | −0.171% | $249K | $366K | 10x | as long as short |
| BloFin SAMSUNG-USDT | −0.0389% | 4h | 202.83 | −0.010% | $329K | $276K | 25x | as long as short |
| Aster SAMSUNGUSDT | −0.0357% | 4h | 201.74 | −0.546% | $104K | $110K | 50x | as long as short |
| Extended SAMSUNG-USD | −0.0336% | 1h | 202.81 | −0.019% | $190K | $37K | 10x | as long as short |
| Binance SAMSUNGUSDT | −0.0334% | 4h | 202.89 | +0.022% | $23.0M | $173.3M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica SAMSUNG | −0.0297% | 1h | 202.73 | −0.057% | $84K | $24K | 10x | as long as short |
| Bybit SAMSUNGUSDT | −0.0156% | 8h | 202.71 | −0.069% | $8.5M | $15.8M | 100x | as long as short |
| Bitget SAMSUNGUSDT | −0.0078% | 4h | 202.91 | +0.030% | $3.7M | $16.7M | 20x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 202.84 | −0.005% | $12.4M | $29.0M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 202.85 | 0.000% | $876 | $529K | 10x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 202.64 | −0.104% | $2.7M | $1.2M | 10x | |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 202.81 | −0.020% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 202.42 | −0.212% | $314K | $224K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0070% | 8h | 202.74 | −0.054% | $3K | $579 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 202.33 | −0.256% | $5K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0104% | 1h | 202.86 | +0.006% | $32K | — | 10x | as long as short |
| HTX SAMSUNG-USDTlong | +0.0309% | 4h | 202.85 | long leg | $61K | $110K | 20x | |
| GRVT SAMSUNG_USDT_Perp | +0.0460% | 4h | 202.21 | −0.314% | $22K | $225K | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0956% | 1h | 203.42 | +0.279% | $46K | $15K | 20x | as long as short |
HTX SAMSUNG-USDT
Phemex SAMSUNGUSDT
tradeXYZ xyz:SMSN
Polymarket Perps SAMSUNG-USD
OKX SAMSUNG-USDT-SWAP
KuCoin SAMSUNGUSDTM
Aftermath Perps SAMSUNGUSD
edgeX SAMSUNGUSDC
BloFin SAMSUNG-USDT
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
Pacifica SAMSUNG
Bybit SAMSUNGUSDT
Bitget SAMSUNGUSDT
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
SoDEX SAMSUNG-USD
ApeX Omni SAMSUNGUSDT
GRVT SAMSUNG_USDT_Perp
Kraken Futures PF_SAMSUNGUSD