Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%

Price spread now: ApeX Omni against SunX−0.005%47s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2022.023% of the position

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 3 days (all we have)−0.050%−$5 · spread now −0.005%, 7d avg −0.011%

Together, before fees+0.151%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SAMSUNG-USDT	205.90	0	get 0.0000% / 4h	2h 57m	$933	$1.1M	10x
Short	ApeX Omni SAMSUNGUSDT	205.89	0.0100	get 0.0013% / 1h	57m 32s	$5K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now −0.005%Rate

Funding earned: $21
Price spread: −0.005% → −0.011%: $0.59
Slippage, 4 orders: −$184.32
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$180.73
Costs to cover: 2.023%
Break-even: 67.2 days

Slippage from SunX: live order book, 6 min ago; ApeX Omni: live order book, 8 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 SunX live order book, 6 min ago	44.90 bp	63.3 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 8 min ago	26.16 bp	36.4 bp −$36	216.1 bp −$2,161	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	−0.0524%	1h	205.71	−0.092%	$43.8M	$47.0M	10x	as long as short
Bybit SAMSUNGUSDT	−0.0436%	8h	205.72	−0.087%	$7.4M	$15.5M	100x	as long as short
Kraken Futures PF_SAMSUNGUSD	−0.0337%	1h	205.87	−0.016%	$47K	$16K	20x	as long as short
edgeX SAMSUNGUSDC	−0.0094%	4h	205.98	+0.040%	$253K	$411K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	205.63	−0.131%	$6.1M	$23.2M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	205.72	−0.087%	$7.3M	$21.2M	75x	as long as short
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	205.95	+0.024%	$25K	$156K	10x	as long as short
SunX SAMSUNG-USDTlong	0.0000%	4h	205.90	long leg	$933	$1.1M	10x
HTX SAMSUNG-USDT	0.0000%	4h	206.03	+0.063%	$75K	$132K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	205.80	−0.049%	$2.7M	$1.3M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	205.74	−0.078%	$45K	$78K	10x	as long as short
SoDEX SAMSUNG-USD	+0.0050%	1h	205.79	−0.053%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	205.84	−0.029%	$315K	$272K	10x	as long as short
Bitget SAMSUNGUSDT	+0.0088%	4h	205.84	−0.029%	$3.5M	$13.7M	20x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	205.77	−0.063%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	205.84	−0.029%	$563K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDTshort	+0.0100%	1h	205.89	−0.005%	$5K	$141K	50x
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	206.15	+0.121%	$3K	$488	10x	as long as short
Binance SAMSUNGUSDT	+0.0126%	4h	205.82	−0.039%	$23.8M	$151.3M	25x	as long as short
Extended SAMSUNG-USD	+0.0136%	1h	205.73	−0.083%	$194K	$84K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0137%	4h	206.02	+0.058%	$328K	$217K	25x	as long as short
Aster SAMSUNGUSDT	+0.0163%	4h	205.84	−0.027%	$104K	$144K	50x	as long as short
Aevo SMSN-PERP	+0.0440%	1h	205.83	−0.032%	$33K	—	10x	as long as short
Aftermath Perps SAMSUNGUSD	+0.3040%	1h	205.90	+0.001%	$815	$31K	5x	as long as short