Funding you earn now, next payment 00:00 UTC−0.0996%/8h= −109.0% APRpaid last 24h −0.095%
Price spread now: Phemex against edgeX+0.062%78s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as 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−$800.797% of the position
Funding, last 7 days−0.630%−$63 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.062%, 7d avg +0.026%
=Together, before fees−0.638%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.036% dearer against edgeX than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.026%): +$4 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.630% in total) that is about 10 hours. The two prices were read 78 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 -0.630% in total (about -32.9% 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 | edgeX AVGOUSDC | 364.68 | 0.0996 | pay 0.0498% / 4h | 20m 06s | $37K | $176K | 10x |
| Short | Phemex AVGOUSDT | 364.91 | 0 | get 0.0000% / 8h | 20m 06s | $1.5M | $1.5M | 10x |
edgeX AVGOUSDC
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$209.1
- Price spread: +0.062% → +0.026%
- $3.58
- Slippage, 4 orders
- −$58.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$285.23
- Costs to cover
- 0.797%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 min ago; Phemex: live order book, 3 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 edgeX live order book, 56 min ago | 5.36 bp | 10.0 bp −$10 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.33 bp | 31.9 bp −$32 | doesn't fit | 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 | 361.10 | −0.983% | $4K | $101 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.34 | +0.179% | $913K | $29K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.71 | +0.007% | $6.7M | $3.8M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.69 | +0.002% | $8.1M | $7.4M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 364.91 | +0.062% | $8.0M | $4.1M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.68 | −0.001% | $700 | $5.4M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 364.78 | +0.027% | $135K | $51K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 364.91 | +0.062% | $1.5M | $1.5M | 10x | |
| GRVT AVGO_USDT_Perp | +0.0028% | 8h | 364.72 | +0.009% | $4K | $247K | 10x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 364.44 | −0.067% | — | — | 10x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
SunX AVGO-USDT
HTX AVGO-USDT
GRVT AVGO_USDT_Perp
Lighter AVGOShow 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 | −0.061% | — | $9K | 25x | as long as short |
| QFEX AVGO-USD | +0.0049% | 1h | 364.75 | +0.018% | $1.1M | $4.4M | 10x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 364.70 | +0.005% | $480K | $391K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.26 | −0.116% | $403K | $314K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 364.52 | −0.045% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 364.44 | −0.067% | $20K | $141K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0102% | 8h | 365.01 | +0.090% | $10.9M | $16.5M | 20x | as long as short |
| Variational Omni AVGO | +0.0169% | 8h | 364.90 | +0.061% | $425K | $410K | — | as long as short |
| Binance AVGOUSDT | +0.0183% | 8h | 364.91 | +0.061% | $38.7M | $59.7M | 20x | as long as short |
| Extended AVGO-USD | +0.0184% | 1h | 364.82 | +0.036% | $61K | $383K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0301% | 8h | 364.84 | +0.043% | $553K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0356% | 1h | 364.50 | −0.049% | $101K | $14K | 10x | as long as short |
| Phoenix AVGO | +0.0417% | 1h | 365.14 | +0.125% | $31K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0460% | 1h | 364.81 | +0.035% | $24.8M | $21.4M | 10x | as long as short |
| Paragon para:AVGO | +0.0521% | 1h | 364.44 | −0.067% | $2.5M | $314K | 10x | as long as short |
| edgeX AVGOUSDClong | +0.0996% | 4h | 364.68 | long leg | $37K | $176K | 10x |
Vest AVGO-USD-PERP
QFEX AVGO-USD
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Binance AVGOUSDT
Extended AVGO-USD
BloFin AVGO-USDT
Nado AVGO-PERP
Phoenix AVGO
tradeXYZ xyz:AVGO
Paragon para:AVGO