Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Bybit−0.019%79s7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as 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−$990.992% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.019%, 7d avg +0.051%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.070% cheaper against Bybit than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.051%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.010% in total) that is about 51 days. The two prices were read 79 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	Bybit AVGOUSDT	363.85	0	get 0.0000% / 8h	1h 06m	$6.6M	$3.8M	50x
Short	ApeX Omni AVGOUSDT	363.78	0.0100	get 0.0013% / 1h	6m 08s	$20K	$143K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.019%Rate

Funding earned: $21
Price spread: −0.019% → +0.051%: −$7.01
Slippage, 4 orders: −$78.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$85.19
Costs to cover: 0.992%
Break-even: 35.4 days

Slippage from Bybit: live order book, 7 min ago; ApeX Omni: live order book, 10 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 Bybit live order book, 7 min ago	1.37 bp	12.0 bp −$12	39.5 bp −$395	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 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	360.45	−0.934%	$4K	$4K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.43	+0.159%	$911K	$29K	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	363.85	long leg	$6.6M	$3.8M	50x
Gate AVGO_USDT	0.0000%	8h	363.88	+0.008%	$8.2M	$7.3M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	363.71	−0.038%	$662	$5.5M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.23	+0.104%	$135K	$51K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.16	+0.085%	$1.5M	$1.5M	10x	as long as short
Bitget AVGOUSDT	+0.0008%	8h	364.08	+0.063%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0016%	8h	364.14	+0.081%	$3K	$262K	10x	as long as short
Lighter AVGO	+0.0032%	1h	363.74	−0.030%	—	—	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-USD	+0.0037%	1h	363.99	+0.038%	$1.1M	$4.3M	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0044%	8h	363.99	+0.038%	$10.5M	$14.8M	20x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	363.82	−0.008%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.88	+0.008%	$481K	$388K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.69	−0.044%	$401K	$311K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	363.82	−0.008%	$1.1M	$75K	20x	as long as short
ApeX Omni AVGOUSDTshort	+0.0100%	1h	363.78	−0.019%	$20K	$143K	50x
Variational Omni AVGO	+0.0127%	8h	363.94	+0.026%	$424K	$410K	—	as long as short
Binance AVGOUSDT	+0.0143%	8h	364.09	+0.065%	$38.5M	$59.8M	20x	as long as short
Extended AVGO-USD	+0.0144%	1h	363.99	+0.037%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0263%	8h	364.03	+0.049%	$532K	$276K	20x	as long as short
Nado AVGO-PERP	+0.0277%	1h	363.85	0.000%	$100K	$14K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0279%	1h	364.12	+0.074%	$24.6M	$21.4M	10x	as long as short
edgeX AVGOUSDC	+0.0319%	4h	363.90	+0.013%	$37K	$176K	10x	as long as short
Paragon para:AVGO	+0.0416%	1h	363.78	−0.019%	$2.5M	$314K	10x	as long as short
Phoenix AVGO	+0.0418%	1h	364.13	+0.077%	$31K	$18K	10x	as long as short