Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.100%

Price spread now: Phoenix against Gate+0.069%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Phoenix is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVGO_USDT	363.82	0	get 0.0000% / 8h	1h 31m	$8.2M	$7.3M	50x
Short	Phoenix AVGO	364.07	0.0418	get 0.0052% / 1h	31m 14s	$31K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Gate. 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 GatebpFee PhoenixbpOrdersPrice spread, now +0.069%Rate

Funding earned: $87.85
Price spread: +0.069% → 0.000%: $6.87
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $72.73
Costs to cover: 0.220%
Break-even: 1.2 days

Slippage unknown: Gate: live order book, 2 min ago; Phoenix: 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 Gate live order book, 2 min ago	3.30 bp	23.7 bp −$24	134.0 bp −$1,340	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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	359.83	−1.097%	$4K	$4K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.28	+0.127%	$911K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	363.81	−0.003%	$6.6M	$3.8M	50x	as long as short
Gate AVGO_USDTlong	0.0000%	8h	363.82	long leg	$8.2M	$7.3M	50x
SunX AVGO-USDT	0.0000%	8h	363.55	−0.074%	$894	$5.5M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.09	+0.074%	$135K	$51K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	363.88	+0.016%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	363.72	−0.027%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0037%	1h	363.87	+0.014%	$1.1M	$4.3M	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0043%	8h	363.83	+0.003%	$3K	$267K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	363.76	−0.016%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.70	−0.033%	$481K	$388K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.66	−0.044%	$401K	$311K	10x	as long as short
Bitget AVGOUSDT	+0.0051%	8h	363.94	+0.033%	$8.0M	$3.9M	20x	as long as short
OKX AVGO-USDT-SWAP	+0.0058%	8h	363.99	+0.047%	$10.5M	$14.8M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	363.74	−0.022%	$1.1M	$76K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	363.70	−0.033%	$20K	$143K	50x	as long as short
Variational Omni AVGO	+0.0125%	8h	363.95	+0.037%	$424K	$411K	—	as long as short
Extended AVGO-USD	+0.0136%	1h	363.87	+0.013%	$61K	$383K	10x	as long as short
Binance AVGOUSDT	+0.0139%	8h	363.93	+0.030%	$38.5M	$59.9M	20x	as long as short
BloFin AVGO-USDT	+0.0259%	8h	363.90	+0.022%	$530K	$276K	20x	as long as short
Nado AVGO-PERP	+0.0289%	1h	363.81	−0.002%	$100K	$14K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0293%	1h	363.94	+0.033%	$24.5M	$21.5M	10x	as long as short
Paragon para:AVGO	+0.0328%	1h	363.75	−0.019%	$2.5M	$320K	10x	as long as short
Phoenix AVGOshort	+0.0418%	1h	364.07	+0.069%	$31K	$18K	10x
edgeX AVGOUSDC	+0.0477%	4h	363.94	+0.032%	$37K	$177K	10x	as long as short