Funding you earn now, next payment 16:00 UTC−0.0484%/8h= −53.0% APRnext payment −$4.84 per $10,000 · paid last 24h −0.012%
Price spread now: Phemex against GRVT−0.003%77s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as 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−$730.729% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.003%, 7d avg +0.019%
=Together, before fees−0.098%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Phemex is 0.022% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 77 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 -0.181% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.84 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AVGO_USDT_Perp | 364.77 | 0.0484 | pay 0.0484% / 8h | 5h 51m | $3K | $214K | 10x |
| Short | Phemex AVGOUSDT | 364.76 | 0 | get 0.0000% / 8h | 5h 51m | $1.5M | $1.6M | 10x |
GRVT AVGO_USDT_Perp
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against GRVT. 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
- −$101.64
- Price spread: −0.003% → +0.019%
- −$2.23
- Slippage, 4 orders
- −$51.87
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$176.73
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 58 min ago; Phemex: live order book, 5 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 | 1.38 bp | 7.1 bp −$7 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.21 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
AVGO on 26 exchanges
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 | 364.29 | −0.131% | $915K | $16K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.79 | +0.005% | $6.6M | $3.2M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.82 | +0.013% | $6.7M | $6.7M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.03 | +0.071% | $8.0M | $4.2M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.36 | −0.113% | $853 | $3.7M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 364.76 | −0.003% | $99K | $104K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 364.76 | −0.003% | $1.5M | $1.6M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 364.49 | −0.077% | — | — | 10x | as long as short |
| Injective AVGO/USDC PERP | +0.0033% | 1h | 361.32 | −0.946% | $2K | $2K | 12x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 364.38 | −0.107% | — | $9K | 25x | as long as short |
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Injective AVGO/USDC PERP
Vest AVGO-USD-PERPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 364.54 | −0.064% | $496K | $131K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.28 | −0.135% | $278K | $320K | 10x | as long as short |
| Variational Omni AVGO | +0.0053% | 8h | 364.55 | −0.061% | $428K | $290K | — | as long as short |
| QFEX AVGO-USD | +0.0066% | 1h | 364.58 | −0.053% | $1.2M | $4.0M | 10x | as long as short |
| Extended AVGO-USD | +0.0088% | 1h | 364.75 | −0.005% | $60K | $465K | 10x | as long as short |
| Binance AVGOUSDT | +0.0091% | 8h | 364.88 | +0.028% | $34.4M | $65.1M | 20x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 364.49 | −0.077% | $1.1M | $199K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 364.34 | −0.118% | $20K | $139K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0113% | 8h | 365.10 | +0.090% | $10.6M | $15.5M | 20x | as long as short |
| BloFin AVGO-USDT | +0.0183% | 8h | 364.60 | −0.047% | $550K | $400K | 20x | as long as short |
| Paragon para:AVGO | +0.0193% | 1h | 364.48 | −0.080% | $2.5M | $288K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0265% | 1h | 364.83 | +0.016% | $24.4M | $13.9M | 10x | as long as short |
| Nado AVGO-PERP | +0.0386% | 1h | 364.37 | −0.111% | $110K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0417% | 1h | 364.97 | +0.054% | $31K | $18K | 10x | as long as short |
| GRVT AVGO_USDT_Perplong | +0.0484% | 8h | 364.77 | long leg | $3K | $214K | 10x | |
| edgeX AVGOUSDC | +0.0633% | 4h | 364.29 | −0.131% | $37K | $177K | 10x | as long as short |
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
Variational Omni AVGO
QFEX AVGO-USD
Extended AVGO-USD
Binance AVGOUSDT
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
BloFin AVGO-USDT
Paragon para:AVGO
tradeXYZ xyz:AVGO
Nado AVGO-PERP
Phoenix AVGO
edgeX AVGOUSDC