Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0413%/8h= +45.2% APRpaid last 24h +0.140%

Price spread now: Paragon against GRVT−0.043%47s7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs+$11as 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−$570.570% of the position

Long on GRVT Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days+0.680%+$68 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.043%, 7d avg −0.075%

Together, before fees+0.598%+ Points / potential airdropGRVT: Active · farm board+$60 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Paragon is 0.032% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.075%. The two prices were read 47 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	365.99	0	get 0.0000% / 8h	5h 04m	$4K	$201K	10x
Short	Paragon para:AVGO	365.83	0.0413	get 0.0052% / 1h	4m 44s	$2.6M	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon 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 ParagonbpOrdersPrice spread, now −0.043%Rate

Funding earned: $86.77
Price spread: −0.043% → −0.075%: $3.25
Slippage, 4 orders: −$37.98
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paragon: 5 bp × 2 orders: −$10
Net: $33.04
Costs to cover: 0.570%
Break-even: 4.3 days

Slippage from GRVT: live order book, 58 min ago; Paragon: 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 GRVT live order book, 58 min ago	1.37 bp	8.4 bp −$8	16.7 bp −$167	doesn't fit	doesn't fit
Sell Paragon live order book, 2 min ago	13.79 bp	22.2 bp −$22	118.6 bp −$1,186	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	362.21	−1.032%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.91	−0.020%	$914K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.94	−0.013%	$6.7M	$3.1M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	366.05	+0.017%	$7.2M	$6.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	366.16	+0.047%	$8.1M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perplong	0.0000%	8h	365.99	long leg	$4K	$201K	10x
SunX AVGO-USDT	0.0000%	8h	366.05	+0.017%	$688	$4.5M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.96	−0.008%	$116K	$89K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	366.16	+0.047%	$1.5M	$1.5M	10x	as long as short
QFEX AVGO-USD	+0.0016%	1h	365.96	−0.008%	$1.2M	$3.8M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVGO	+0.0032%	1h	365.82	−0.046%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.82	−0.046%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.64	−0.095%	$497K	$132K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.58	−0.111%	$325K	$256K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.95	−0.010%	$1.1M	$60K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.81	−0.048%	$20K	$142K	50x	as long as short
Variational Omni AVGO	+0.0101%	8h	366.04	+0.014%	$425K	$313K	—	as long as short
Extended AVGO-USD	+0.0112%	1h	365.97	−0.006%	$59K	$430K	10x	as long as short
Binance AVGOUSDT	+0.0114%	8h	366.07	+0.023%	$36.7M	$58.2M	20x	as long as short
OKX AVGO-USDT-SWAP	+0.0151%	8h	366.13	+0.039%	$10.7M	$15.1M	20x	as long as short
Nado AVGO-PERP	+0.0210%	1h	365.92	−0.018%	$111K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0220%	1h	366.04	+0.014%	$24.7M	$14.5M	10x	as long as short
BloFin AVGO-USDT	+0.0235%	8h	366.03	+0.012%	$548K	$277K	20x	as long as short
Paragon para:AVGOshort	+0.0413%	1h	365.83	−0.043%	$2.6M	$332K	10x
Phoenix AVGO	+0.0416%	1h	366.31	+0.088%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0621%	4h	365.94	−0.012%	$37K	$177K	10x	as long as short