Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Phemex against ApeX Omni+0.176%77s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as 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−$1341.341% of the position

Long on ApeX Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.176%, 7d avg +0.046%

Together, before fees−0.271%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.129% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.046%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.3 days. The two prices were read 77 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	ApeX Omni AVGOUSDT	364.44	0.0100	pay 0.0013% / 1h	5m 35s	$20K	$138K	50x
Short	Phemex AVGOUSDT	365.08	0	get 0.0000% / 8h	5h 05m	$1.5M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.176%Rate

Funding earned: −$21
Price spread: +0.176% → +0.046%: $12.92
Slippage, 4 orders: −$112.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$142.14
Costs to cover: 1.341%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 38 min ago; Phemex: 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, 38 min ago	27.29 bp	42.2 bp −$42	207.6 bp −$2,076	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	1.78 bp	29.9 bp −$30	doesn't fit	doesn't fit	doesn't fit

AVGO on 26 exchanges

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
Aster AVGOUSDT	0.0000%	8h	365.36	+0.253%	$917K	$16K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.78	+0.093%	$6.6M	$3.2M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.88	+0.121%	$6.7M	$6.8M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.02	+0.159%	$8.0M	$4.3M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.62	+0.049%	$915	$3.7M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.00	+0.154%	$92K	$118K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	365.08	+0.176%	$1.5M	$1.7M	10x
Lighter AVGO	+0.0032%	1h	364.39	−0.014%	—	—	10x	as long as short
Injective AVGO/USDC PERP	+0.0033%	1h	361.32	−0.856%	$2K	$2K	12x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.41	−0.008%	—	$9K	25x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	364.74	+0.082%	$496K	$131K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.70	+0.071%	$278K	$320K	10x	as long as short
QFEX AVGO-USD	+0.0066%	1h	364.81	+0.102%	$1.2M	$4.0M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.98	+0.148%	$1.1M	$249K	20x	as long as short
ApeX Omni AVGOUSDTlong	+0.0100%	1h	364.44	long leg	$20K	$138K	50x
Variational Omni AVGO	+0.0132%	8h	364.98	+0.147%	$429K	$289K	—	as long as short
Extended AVGO-USD	+0.0152%	1h	364.83	+0.108%	$59K	$465K	10x	as long as short
Binance AVGOUSDT	+0.0154%	8h	364.95	+0.140%	$34.6M	$65.8M	20x	as long as short
edgeX AVGOUSDC	+0.0173%	4h	364.83	+0.107%	$37K	$177K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0204%	8h	365.02	+0.159%	$10.7M	$15.6M	20x	as long as short
BloFin AVGO-USDT	+0.0265%	8h	364.91	+0.129%	$558K	$406K	20x	as long as short
Paragon para:AVGO	+0.0306%	1h	364.40	−0.011%	$2.5M	$288K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0349%	1h	364.85	+0.113%	$24.4M	$13.9M	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0372%	8h	364.94	+0.138%	$4K	$216K	10x	as long as short
Phoenix AVGO	+0.0417%	1h	364.74	+0.082%	$31K	$18K	10x	as long as short
Nado AVGO-PERP	+0.0427%	1h	364.52	+0.021%	$110K	$25K	10x	as long as short