Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.079%

Price spread now: Nado against GRVT−0.004%59s7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$740.745% of the position

Long on GRVT Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.170%+$17 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.004%, 7d avg −0.056%

Together, before fees+0.240%+ Points / potential airdropGRVT: Active · Nado: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Nado is 0.052% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.056%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AVGO_USDT_Perp	360.38	0	get 0.0000% / 8h	7h 25m	$3K	$213K	10x
Short	Nado AVGO-PERP	360.37	0.0249	get 0.0031% / 1h	25m 29s	$110K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GRVT. 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 GRVTbpFee NadobpOrdersPrice spread, now −0.004%Rate

Funding earned: $52.26
Price spread: −0.004% → −0.056%: $5.18
Slippage, 4 orders: −$58.47
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$17.03
Costs to cover: 0.745%
Break-even: 9.3 days

Slippage from GRVT: live order book, 7 min ago; Nado: live order book, 7 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 GRVT live order book, 7 min ago	1.39 bp	6.4 bp −$6	14.9 bp −$149	doesn't fit	doesn't fit
Sell Nado live order book, 7 min ago	10.67 bp	22.5 bp −$23	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	361.32	+0.261%	$2K	$2K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	361.00	+0.172%	$902K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	360.33	−0.015%	$58K	$509K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	360.43	+0.014%	$34.1M	$63.3M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	360.30	−0.022%	$6.5M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAP	0.0000%	8h	360.52	+0.039%	$10.4M	$15.4M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	360.39	+0.003%	$6.6M	$6.5M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	360.42	+0.011%	$7.8M	$4.2M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	360.45	+0.021%	$422K	$292K	—	as long as short
GRVT AVGO_USDT_Perplong	0.0000%	8h	360.38	long leg	$3K	$213K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AVGO-USDT	0.0000%	8h	360.52	+0.039%	$768	$4.0M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	360.62	+0.066%	$108K	$96K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	360.49	+0.030%	$1.5M	$1.6M	10x	as long as short
BloFin AVGO-USDT	+0.0005%	8h	360.48	+0.028%	$541K	$316K	20x	as long as short
Lighter AVGO	+0.0032%	1h	360.15	−0.064%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	360.15	−0.064%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0050%	1h	360.45	+0.019%	$1.1M	$4.0M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	360.15	−0.064%	$490K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	360.01	−0.103%	$274K	$317K	10x	as long as short
Paragon para:AVGO	+0.0060%	1h	360.17	−0.058%	$2.5M	$295K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	360.70	+0.089%	$1.1M	$97K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	360.69	+0.086%	$20K	$139K	50x	as long as short
tradeXYZ xyz:AVGO	+0.0249%	1h	360.49	+0.030%	$24.1M	$13.8M	10x	as long as short
Nado AVGO-PERPshort	+0.0249%	1h	360.37	−0.004%	$110K	$25K	10x
edgeX AVGOUSDC	+0.0358%	4h	360.38	+0.001%	$37K	$177K	10x	as long as short
Phoenix AVGO	+0.0420%	1h	360.65	+0.075%	$31K	$18K	10x	as long as short