Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.035%

Price spread now: ApeX Omni against BloFin−0.132%103s7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as 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−$930.932% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.132%, 7d avg −0.030%

Together, before fees−0.070%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.102% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVGO-USDT	364.95	0.0304	pay 0.0304% / 8h	17m 21s	$553K	$277K	20x
Short	ApeX Omni AVGOUSDT	364.47	0.0100	get 0.0013% / 1h	17m 21s	$20K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now −0.132%Rate

Funding earned: −$42.76
Price spread: −0.132% → −0.030%: −$10.17
Slippage, 4 orders: −$71.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$146.11
Costs to cover: 0.932%
Break-even: never at this rate

Slippage from BloFin: live order book, 59 min ago; ApeX Omni: live order book, 58 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 BloFin live order book, 59 min ago	0.41 bp	7.8 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	24.45 bp	36.6 bp −$37	198.4 bp −$1,984	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	361.26	−1.011%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.34	+0.106%	$913K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.73	−0.060%	$6.7M	$3.8M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.75	−0.055%	$8.1M	$7.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.91	−0.011%	$8.0M	$4.1M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.73	−0.060%	$751	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.78	−0.047%	$135K	$51K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.88	−0.019%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.39	−0.153%	—	—	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0035%	8h	364.90	−0.015%	$4K	$247K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.46	−0.134%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0049%	1h	364.80	−0.041%	$1.1M	$4.4M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.72	−0.063%	$480K	$391K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.47	−0.132%	$403K	$314K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.49	−0.126%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDTshort	+0.0100%	1h	364.47	−0.132%	$20K	$141K	50x
OKX AVGO-USDT-SWAP	+0.0108%	8h	365.06	+0.030%	$10.9M	$16.5M	20x	as long as short
Variational Omni AVGO	+0.0169%	8h	364.90	−0.012%	$425K	$410K	—	as long as short
Extended AVGO-USD	+0.0184%	1h	364.85	−0.029%	$61K	$383K	10x	as long as short
Binance AVGOUSDT	+0.0188%	8h	364.92	−0.009%	$38.7M	$59.8M	20x	as long as short
BloFin AVGO-USDTlong	+0.0304%	8h	364.95	long leg	$553K	$277K	20x
Nado AVGO-PERP	+0.0363%	1h	364.46	−0.135%	$101K	$14K	10x	as long as short
Phoenix AVGO	+0.0417%	1h	365.13	+0.049%	$31K	$18K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0461%	1h	364.85	−0.027%	$24.8M	$21.3M	10x	as long as short
Paragon para:AVGO	+0.0522%	1h	364.40	−0.151%	$2.5M	$314K	10x	as long as short
edgeX AVGOUSDC	+0.0605%	4h	364.89	−0.016%	$37K	$177K	10x	as long as short