SMSN 永续合约资金费率 — 各交易所对比
Samsung Electronics
Best Spread
123.0% APR
Long (Lowest)
edgeX V2Short (Highest)
Crypto.comMark Price
$150.882
Total OI
$91.5M
24h Volume
$207.3M
SMSN 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 SMSN：做多 MEXC / 做空 Lighter → 扣除成本后一周 +$47.29（实际结算年化 52.7%）。
- 做多 MEXC做空 Lighter+$47.29每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +52.7%
- 稳定
- 59%
回本 0.3 天 - 做多 BloFin做空 Lighter+$39.49每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +52.6%
- 稳定
- 57%
回本 0.8 天 - 做多 Bitget做空 Lighter+$16.41每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +47.5%
- 稳定
- 59%
回本 0.9 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+38.79%
Interval
1h
Open Interest
$20K
Mark Price
$150.79
+10.96%
Interval
1h
Open Interest
$48K
Mark Price
$150.916
+10.96%
Interval
8h
Open Interest
$3K
Mark Price
$150.81
+10.96%
Interval
1h
Open Interest
$9K
Mark Price
$150.98
+10.96%
Interval
1h
Open Interest
$4K
Mark Price
$150.82
+6.23%
Interval
4h
Open Interest
$1.0M
Mark Price
$150.98
+5.52%
Interval
1h
Open Interest
$256K
Mark Price
$150.87
+5.52%
Interval
1h
Open Interest
$97K
Mark Price
$150.99
+5.48%
Interval
1h
Open Interest
$44.7M
Mark Price
$150.77
+5.48%
Interval
1h
Open Interest
$0K
Mark Price
$150.91
+5.48%
Interval
1h
Open Interest
$94K
Mark Price
$150.82
+3.51%
Interval
1h
Open Interest
$2.0M
Mark Price
$150.906
+0.97%
Interval
4h
Open Interest
—
Mark Price
$150.89
+0.00%
Interval
4h
Open Interest
$27.0M
Mark Price
$151.0064
+0.00%
Interval
8h
Open Interest
$4.5M
Mark Price
$150.99
+0.00%
Interval
8h
Open Interest
$2.4M
Mark Price
$151.01
+0.00%
Interval
4h
Open Interest
$1.0M
Mark Price
$150.98
+0.00%
Interval
4h
Open Interest
$1.8M
Mark Price
$150.99
+0.00%
Interval
4h
Open Interest
$93K
Mark Price
$151.015
+0.00%
Interval
4h
Open Interest
$1.1M
Mark Price
$151.02
+0.00%
Interval
4h
Open Interest
$3.1M
Mark Price
$150.93
+0.00%
Interval
4h
Open Interest
$31K
Mark Price
$150.9551
+0.00%
Interval
4h
Open Interest
$9K
Mark Price
$150.94
+0.00%
Interval
1h
Open Interest
$109K
Mark Price
$150.8068
+0.00%
Interval
4h
Open Interest
$39K
Mark Price
$150.98
+0.00%
Interval
4h
Open Interest
—
Mark Price
$150.96
+0.00%
Interval
4h
Open Interest
—
Mark Price
$150.99
+0.00%
Interval
8h
Open Interest
$1.7M
Mark Price
$150.94
+0.00%
Interval
1h
Open Interest
$2K
Mark Price
$150.86
-0.35%
Interval
4h
Open Interest
$161K
Mark Price
$150.9501
-6.84%
Interval
4h
Open Interest
—
Mark Price
$150.95
-17.27%
Interval
4h
Open Interest
$0K
Mark Price
$150.9
-84.23%
Interval
4h
Open Interest
$172K
Mark Price
$150.827
-174.90%
Interval
1h
Open Interest
$1K
Mark Price
$150.996
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Crypto.comBest Short | +38.79% | 1h | $20K | $150.79 |
 Pacifica | +10.96% | 1h | $48K | $150.916 |
 WOOFi Pro | +10.96% | 8h | $3K | $150.81 |
 ApeX | +10.96% | 1h | $9K | $150.98 |
 TxFlow | +10.96% | 1h | $4K | $150.82 |
 BloFin | +6.23% | 4h | $1.0M | $150.98 |
 Ondo | +5.52% | 1h | $256K | $150.87 |
 PopDEX | +5.52% | 1h | $97K | $150.99 |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ] | +5.48% | 1h | $44.7M | $150.77 |
 SoDEX | +5.48% | 1h | $0K | $150.91 |
 Polymarket | +5.48% | 1h | $94K | $150.82 |
 Lighter | +3.51% | 1h | $2.0M | $150.906 |
 Hotcoin | +0.97% | 4h | — | $150.89 |
 Binance Futures | +0.00% | 4h | $27.0M | $151.0064 |
 Bybit | +0.00% | 8h | $4.5M | $150.99 |
 OKX | +0.00% | 8h | $2.4M | $151.01 |
 Bitget | +0.00% | 4h | $1.0M | $150.98 |
 Gate.io | +0.00% | 4h | $1.8M | $150.99 |
 HTX | +0.00% | 4h | $93K | $151.015 |
 KuCoin | +0.00% | 4h | $1.1M | $151.02 |
 MEXC | +0.00% | 4h | $3.1M | $150.93 |
 Aster | +0.00% | 4h | $31K | $150.9551 |
 grvt | +0.00% | 4h | $9K | $150.94 |
 Extended | +0.00% | 1h | $109K | $150.8068 |
 Toobit | +0.00% | 4h | $39K | $150.98 |
 CoinW | +0.00% | 4h | — | $150.96 |
 LBank | +0.00% | 4h | — | $150.99 |
 Phemex | +0.00% | 8h | $1.7M | $150.94 |
 Decibel | +0.00% | 1h | $2K | $150.86 |
 Pionex | -0.35% | 4h | $161K | $150.9501 |
 Bitunix | -6.84% | 4h | — | $150.95 |
 WEEX | -17.27% | 4h | $0K | $150.9 |
| edgeX V2Best Long | -84.23% | 4h | $172K | $150.827 |
 Aftermath | -174.90% | 1h | $1K | $150.996 |
SMSN 资金费率的含义
资金费率数据更新于 2026-11-14 10:44 UTC
ORBIT 按交易所实时汇总 SMSN（Samsung Electronics） 代币化（RWA）永续合约在 34 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 SMSN 的年化资金费率从 Aftermath 的 -174.90% 到 Crypto.com 的 +38.79% 不等。
SMSN 当前最大的跨所资金费率价差为年化 123.0%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 edgeX V2 做多，在费率最高的 Crypto.com 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
SMSN 在所跟踪的永续品种中持仓量排名第 75，各交易所合计持仓量 $91.5M，24 小时成交量 $207.3M，成交量加权标记价格 $150.882。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 SMSN 资金费率最高？
- Crypto.com，年化 +38.79%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，SMSN 应在哪家交易所做多？
- Aftermath 的 SMSN 资金费率最低，为年化 -174.90%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- SMSN 最佳的资金费率套利组合是什么？
- 价差最大的组合是 edgeX V2 做多 / Crypto.com 做空，扣除成本前约为年化 123.0%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- SMSN 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- SMSN 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -174.90% 到 +38.79%——正是这种分歧创造了跨所套利机会。