Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Bybit against ApeX Omni+0.036%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$980.981% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.036%, 7d avg −0.048%

Together, before fees−0.234%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.083% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.048%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.038% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVGOUSDT	364.94	0.0100	pay 0.0013% / 1h	1m 29s	$20K	$141K	50x
Short	Bybit AVGOUSDT	365.07	0	get 0.0000% / 8h	6h 01m	$6.6M	$3.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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 ApeX OmnibpFee BybitbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$21
Price spread: +0.036% → −0.048%: $8.33
Slippage, 4 orders: −$77.05
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$110.72
Costs to cover: 0.981%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 64 min ago; Bybit: live order book, 1 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 ApeX Omni live order book, 64 min ago	23.22 bp	44.2 bp −$44	202.3 bp −$2,023	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.51 bp	10.3 bp −$10	49.9 bp −$499	464.2 bp −$46.4K	doesn't fit

AVGO on 25 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
Injective AVGO/USDC PERP	−0.0220%	1h	361.28	−1.003%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.01	+0.018%	$912K	$26K	20x	as long as short
Bybit AVGOUSDTshort	0.0000%	8h	365.07	+0.036%	$6.6M	$3.3M	50x
Gate AVGO_USDT	0.0000%	8h	365.13	+0.052%	$7.3M	$7.3M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.29	+0.096%	$8.0M	$4.0M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.12	+0.048%	$3K	$205K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.26	+0.088%	$749	$4.9M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.22	+0.077%	$121K	$80K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	365.20	+0.071%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.93	−0.003%	—	—	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.93	−0.003%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.76	−0.049%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.98	+0.011%	$324K	$273K	10x	as long as short
QFEX AVGO-USD	+0.0061%	1h	365.03	+0.025%	$1.2M	$4.0M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.33	+0.107%	$1.1M	$70K	20x	as long as short
ApeX Omni AVGOUSDTlong	+0.0100%	1h	364.94	long leg	$20K	$141K	50x
OKX AVGO-USDT-SWAP	+0.0138%	8h	365.19	+0.069%	$10.6M	$15.5M	20x	as long as short
Variational Omni AVGO	+0.0154%	8h	364.92	−0.007%	$420K	$299K	—	as long as short
Binance AVGOUSDT	+0.0155%	8h	365.15	+0.057%	$36.8M	$60.5M	20x	as long as short
Extended AVGO-USD	+0.0160%	1h	365.04	+0.028%	$59K	$429K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0284%	1h	365.10	+0.044%	$24.6M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0308%	1h	365.03	+0.024%	$108K	$21K	10x	as long as short
edgeX AVGOUSDC	+0.0366%	4h	365.03	+0.026%	$37K	$177K	10x	as long as short
Phoenix AVGO	+0.0437%	1h	365.35	+0.112%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0466%	1h	365.21	+0.074%	$2.5M	$316K	10x	as long as short