Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.047%
Price spread now: Phemex against KuCoin−0.053%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1991.990% of the position
Funding, last 7 days−0.310%−$31 on $10k
+Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.053%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.043% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAMSUNGUSDTM | 205.63 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $563K | $109K | 20x |
| Short | Phemex SAMSUNGUSDT | 205.52 | 0 | get 0.0000% / 8h | 5h 22m | $2.7M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- −$21
- Price spread: −0.053% → −0.010%
- −$4.33
- Slippage, 4 orders
- −$174.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$224.3
- Costs to cover
- 1.990%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 75 min ago; Phemex: live order book, 6 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 KuCoin live order book, 75 min ago | 14.15 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 1.95 bp | 39.1 bp −$39 | 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 | −0.0433% | 1h | 205.44 | −0.092% | $43.1M | $45.7M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0401% | 4h | 205.43 | −0.097% | $252K | $397K | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | −0.0321% | 1h | 205.52 | −0.053% | $47K | $16K | 20x | as long as short |
| Bybit SAMSUNGUSDT | −0.0269% | 8h | 205.61 | −0.010% | $7.5M | $15.7M | 100x | as long as short |
| BloFin SAMSUNG-USDT | −0.0037% | 4h | 205.64 | +0.005% | $330K | $221K | 25x | as long as short |
| Aster SAMSUNGUSDT | 0.0000% | 4h | 205.62 | −0.003% | $104K | $146K | 50x | as long as short |
| Extended SAMSUNG-USD | 0.0000% | 1h | 205.57 | −0.028% | $193K | $82K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 205.63 | +0.001% | $23.1M | $150.6M | 25x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 205.51 | −0.058% | $6.0M | $22.8M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.72 | +0.044% | $9.6M | $24.1M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 205.68 | +0.024% | $4.4M | $15.1M | 20x | as long as short |
| GRVT SAMSUNG_USDT_Perp | 0.0000% | 4h | 205.50 | −0.064% | $25K | $159K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.63 | 0.000% | $989 | $1.0M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 205.73 | +0.049% | $74K | $107K | 20x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 205.52 | −0.053% | $2.7M | $1.2M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 205.44 | −0.092% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 205.59 | −0.019% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 205.41 | −0.107% | $316K | $268K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 205.61 | −0.010% | $83K | $55K | 10x | as long as short |
| KuCoin SAMSUNGUSDTMlong | +0.0100% | 4h | 205.63 | long leg | $563K | $109K | 20x | |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 205.38 | −0.122% | $5K | $141K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.66 | +0.015% | $3K | $488 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0272% | 1h | 205.69 | +0.027% | $33K | — | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | +0.0468% | 1h | 205.48 | −0.075% | $813 | $31K | 5x | as long as short |
KuCoin SAMSUNGUSDTM
Phemex SAMSUNGUSDT
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
Kraken Futures PF_SAMSUNGUSD
Bybit SAMSUNGUSDT
BloFin SAMSUNG-USDT
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDT
Bitget SAMSUNGUSDT
GRVT SAMSUNG_USDT_Perp
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
ApeX Omni SAMSUNGUSDT
Aftermath Perps SAMSUNGUSD