Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bybit+0.047%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.773% of the position

Long on Bybit Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.172%−$17 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.047%, 7d avg +0.087%

Together, before fees−0.124%−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVGOUSDT	365.26	0	get 0.0000% / 8h	5h 56m	$6.7M	$3.4M	50x
Short	Phemex AVGOUSDT	365.43	0	get 0.0000% / 8h	5h 56m	$1.5M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → +0.087%: −$4.08
Slippage, 4 orders: −$54.31
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$81.4
Costs to cover: 0.773%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago	1.10 bp	11.6 bp −$12	50.9 bp −$509	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	0.55 bp	28.5 bp −$29	doesn't fit	doesn't fit	doesn't fit

AVGO on 25 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	361.28	−1.090%	$4K	$99	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.18	−0.021%	$913K	$26K	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	365.26	long leg	$6.7M	$3.4M	50x
Gate AVGO_USDT	0.0000%	8h	365.35	+0.025%	$7.2M	$6.3M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.52	+0.071%	$8.1M	$4.0M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.02	−0.065%	$3K	$205K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.41	+0.041%	$720	$4.8M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.29	+0.008%	$121K	$80K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	365.43	+0.047%	$1.5M	$1.5M	10x
QFEX AVGO-USD	+0.0016%	1h	365.28	+0.005%	$1.2M	$4.0M	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVGO	+0.0032%	1h	365.11	−0.041%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.10	−0.044%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.01	−0.068%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.92	−0.093%	$324K	$273K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.23	−0.008%	$1.1M	$69K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.21	−0.014%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0136%	8h	365.47	+0.057%	$10.6M	$15.5M	20x	as long as short
Variational Omni AVGO	+0.0146%	8h	365.17	−0.025%	$419K	$300K	—	as long as short
Binance AVGOUSDT	+0.0151%	8h	365.37	+0.030%	$36.8M	$60.5M	20x	as long as short
Extended AVGO-USD	+0.0152%	1h	365.28	+0.005%	$59K	$429K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0214%	1h	365.33	+0.019%	$24.6M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0280%	1h	365.20	−0.018%	$108K	$21K	10x	as long as short
Paragon para:AVGO	+0.0308%	1h	365.38	+0.033%	$2.5M	$315K	10x	as long as short
Phoenix AVGO	+0.0437%	1h	365.34	+0.022%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0529%	4h	365.09	−0.046%	$37K	$177K	10x	as long as short