Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.139%

Price spread now: QFEX against Binance−0.003%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Binance Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.144%+$14 on $10k

Price spread, last 2 days (all we have)−0.047%−$5 · spread now −0.003%, 7d avg −0.021%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.144%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVGOUSDT	363.94	0.0140	pay 0.0140% / 8h	1h 16m	$38.5M	$59.8M	20x
Short	QFEX AVGO-USD	363.93	0.0037	get 0.0005% / 1h	16m 51s	$1.1M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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 BinancebpFee QFEXbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$21.77
Price spread: −0.003% → −0.021%: $1.82
Slippage, 4 orders: −$5.95
Fee Binance: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$45.9
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; QFEX: 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 Binance live order book, 10 min ago	0.28 bp	5.9 bp −$6	14.6 bp −$146	70.6 bp −$7,064	doesn't fit
Sell QFEX live order book, 6 min ago	1.37 bp	6.5 bp −$6	8.4 bp −$84	doesn't fit	doesn't fit

AVGO on 26 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	360.45	−0.959%	$4K	$4K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.31	+0.101%	$911K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	363.82	−0.033%	$6.6M	$3.8M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	363.81	−0.036%	$8.2M	$7.3M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	363.56	−0.104%	$862	$5.5M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.08	+0.038%	$135K	$50K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	363.96	+0.005%	$1.5M	$1.5M	10x	as long as short
Bitget AVGOUSDT	+0.0025%	8h	363.94	0.000%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0025%	8h	364.02	+0.022%	$3K	$262K	10x	as long as short
Lighter AVGO	+0.0032%	1h	363.67	−0.074%	—	—	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AVGO-USDshort	+0.0037%	1h	363.93	−0.003%	$1.1M	$4.3M	10x
Vest AVGO-USD-PERP	+0.0046%	1h	363.77	−0.047%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.76	−0.049%	$481K	$388K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.70	−0.066%	$401K	$311K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0052%	8h	363.90	−0.011%	$10.5M	$14.8M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	363.72	−0.060%	$1.1M	$76K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	363.85	−0.025%	$20K	$143K	50x	as long as short
Variational Omni AVGO	+0.0131%	8h	364.14	+0.056%	$424K	$411K	—	as long as short
Binance AVGOUSDTlong	+0.0140%	8h	363.94	long leg	$38.5M	$59.8M	20x
Extended AVGO-USD	+0.0144%	1h	363.87	−0.020%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0260%	8h	364.00	+0.016%	$532K	$276K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0267%	1h	363.96	+0.005%	$24.5M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0275%	1h	363.80	−0.040%	$100K	$14K	10x	as long as short
Paragon para:AVGO	+0.0376%	1h	363.73	−0.058%	$2.5M	$320K	10x	as long as short
Phoenix AVGO	+0.0418%	1h	364.28	+0.093%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0780%	4h	364.08	+0.039%	$37K	$176K	10x	as long as short