Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Bybit−0.058%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.058% cheaper against Bybit than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVGOUSDT	360.47	0	get 0.0000% / 8h	7h 26m	$6.5M	$3.2M	50x
Short	Lighter AVGO	360.26	0.0032	get 0.0004% / 1h	26m 40s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $6.72
Price spread: −0.058% → 0.000%: −$5.83
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.11
Costs to cover: 0.110%
Break-even: 17.5 days

Slippage unknown: Bybit: live order book, 1 min ago; Lighter: 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 Bybit live order book, 1 min ago	2.50 bp	11.2 bp −$11	42.0 bp −$420	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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	361.32	+0.236%	$2K	$2K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	361.00	+0.147%	$902K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	360.42	−0.015%	$58K	$509K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	360.52	+0.014%	$34.1M	$63.3M	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	360.47	long leg	$6.5M	$3.2M	50x
OKX AVGO-USDT-SWAP	0.0000%	8h	360.51	+0.011%	$10.4M	$15.4M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	360.45	−0.006%	$6.6M	$6.5M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	360.57	+0.028%	$7.8M	$4.2M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	360.81	+0.096%	$422K	$292K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	360.83	+0.101%	$4K	$212K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AVGO-USDT	0.0000%	8h	360.47	0.000%	$739	$4.0M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	360.62	+0.042%	$108K	$97K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	360.55	+0.022%	$1.5M	$1.6M	10x	as long as short
BloFin AVGO-USDT	+0.0005%	8h	360.48	+0.003%	$541K	$316K	20x	as long as short
Lighter AVGOshort	+0.0032%	1h	360.26	−0.058%	—	—	10x
Vest AVGO-USD-PERP	+0.0046%	1h	360.13	−0.094%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0050%	1h	360.47	0.000%	$1.1M	$4.0M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	360.03	−0.122%	$489K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	360.01	−0.128%	$274K	$317K	10x	as long as short
Paragon para:AVGO	+0.0060%	1h	360.28	−0.053%	$2.5M	$295K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	360.89	+0.117%	$1.1M	$95K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	360.73	+0.072%	$20K	$139K	50x	as long as short
edgeX AVGOUSDC	+0.0103%	4h	360.72	+0.069%	$37K	$178K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0247%	1h	360.52	+0.014%	$24.1M	$13.8M	10x	as long as short
Nado AVGO-PERP	+0.0249%	1h	360.21	−0.072%	$110K	$25K	10x	as long as short
Phoenix AVGO	+0.0420%	1h	360.65	+0.050%	$31K	$18K	10x	as long as short