Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0416%/8h= +45.5% APRpaid last 24h +0.058%

Price spread now: Phoenix against Bitget+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Phoenix is 0.050% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AVGOUSDT	362.22	−0.0041	get 0.0041% / 8h	7h 57m	$7.9M	$4.1M	20x
Short	Phoenix AVGO	362.40	0.0375	get 0.0047% / 1h	57m 18s	$31K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Bitget. 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 BitgetbpFee PhoenixbpOrdersPrice spread, now +0.050%Rate

Funding earned: $87.33
Price spread: +0.050% → 0.000%: $4.97
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $73.3
Costs to cover: 0.190%
Break-even: 1.1 days

Slippage unknown: Bitget: live order book, 1 min ago; Phoenix: no order-book sample. Net counts fees only.

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 Bitget live order book, 1 min ago	1.24 bp	12.7 bp −$13	28.8 bp −$288	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	358.56	−1.010%	$4K	$99	12x	as long as short
Bitget AVGOUSDTlong	−0.0041%	8h	362.22	long leg	$7.9M	$4.1M	20x
BloFin AVGO-USDT	−0.0003%	8h	362.17	−0.014%	$542K	$312K	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.70	+0.132%	$906K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.10	−0.034%	$58K	$511K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.32	+0.026%	$34.5M	$62.1M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	362.11	−0.030%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAP	0.0000%	8h	362.39	+0.047%	$10.5M	$15.3M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.29	+0.019%	$6.7M	$6.1M	50x	as long as short
Variational Omni AVGO	0.0000%	8h	362.19	−0.008%	$425K	$295K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVGO_USDT_Perp	0.0000%	8h	362.54	+0.088%	$4K	$212K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	362.45	+0.063%	$747	$4.1M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.30	+0.022%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	362.24	+0.006%	$1.5M	$1.6M	10x	as long as short
Lighter AVGO	+0.0032%	1h	361.84	−0.105%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.09	−0.036%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0050%	1h	362.19	−0.008%	$1.2M	$4.0M	10x	as long as short
tradeXYZ xyz:AVGO	+0.0050%	1h	362.07	−0.041%	$24.2M	$13.9M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	361.93	−0.080%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	361.91	−0.086%	$277K	$317K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.37	+0.041%	$1.1M	$61K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.64	+0.116%	$20K	$139K	50x	as long as short
Nado AVGO-PERP	+0.0126%	1h	362.17	−0.013%	$110K	$25K	10x	as long as short
Paragon para:AVGO	+0.0328%	1h	362.67	+0.124%	$2.5M	$302K	10x	as long as short
Phoenix AVGOshort	+0.0375%	1h	362.40	+0.050%	$31K	$18K	10x
edgeX AVGOUSDC	+0.0738%	4h	362.34	+0.034%	$37K	$178K	10x	as long as short