Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Bybit−0.047%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.047%, 7d avg −0.006%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.041% cheaper against Bybit than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.006%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVGOUSDT	362.61	0	get 0.0000% / 8h	6h 58m	$6.6M	$3.2M	50x
Short	Polymarket Perps AVGO-USD	362.44	0.0050	get 0.0006% / 1h	58m 58s	$493K	$131K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.047%Rate

Funding earned: $10.5
Price spread: −0.047% → −0.006%: −$4.07
Slippage, 4 orders: −$24.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$36.67
Costs to cover: 0.431%
Break-even: 31.4 days

Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 19 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, 4 min ago	2.21 bp	11.7 bp −$12	41.7 bp −$417	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 19 min ago	4.29 bp	10.9 bp −$11	11.0 bp −$110	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
Aster AVGOUSDT	0.0000%	8h	362.91	+0.083%	$909K	$14K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.63	+0.006%	$62K	$467K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.72	+0.030%	$33.8M	$64.1M	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	362.61	long leg	$6.6M	$3.2M	50x
OKX AVGO-USDT-SWAP	0.0000%	8h	362.87	+0.072%	$10.5M	$15.5M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.69	+0.022%	$6.6M	$6.6M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	362.79	+0.050%	$7.9M	$4.2M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	362.46	−0.040%	$423K	$284K	—	as long as short
SunX AVGO-USDT	0.0000%	8h	362.57	−0.011%	$790	$3.9M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.62	+0.003%	$109K	$88K	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVGOUSDT	0.0000%	8h	362.77	+0.044%	$1.5M	$1.6M	10x	as long as short
BloFin AVGO-USDT	+0.0006%	8h	362.68	+0.019%	$539K	$320K	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.32	−0.080%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.39	−0.061%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0050%	1h	362.56	−0.014%	$1.2M	$3.9M	10x	as long as short
Polymarket Perps AVGO-USDshort	+0.0050%	1h	362.44	−0.047%	$493K	$131K	10x
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.38	−0.063%	$276K	$319K	10x	as long as short
edgeX AVGOUSDC	+0.0097%	4h	362.52	−0.024%	$37K	$178K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.51	−0.028%	$1.1M	$126K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.27	−0.094%	$20K	$139K	50x	as long as short
GRVT AVGO_USDT_Perp	+0.0169%	8h	362.51	−0.028%	$3K	$216K	10x	as long as short
Injective AVGO/USDC PERP	+0.0220%	1h	361.32	−0.356%	$2K	$2K	12x	as long as short
Nado AVGO-PERP	+0.0239%	1h	362.42	−0.052%	$110K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0259%	1h	362.59	−0.006%	$24.3M	$13.8M	10x	as long as short
Phoenix AVGO	+0.0420%	1h	362.60	−0.003%	$31K	$17K	10x	as long as short
Paragon para:AVGO	+0.0460%	1h	362.36	−0.069%	$2.5M	$296K	10x	as long as short