Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0183%/8h= +20.0% APRpaid last 24h +0.039%

Price spread now: tradeXYZ against GRVT−0.044%66s7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as 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−$370.367% of the position

Long on GRVT Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.044%, 7d avg −0.085%

Together, before fees−0.060%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.042% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.085%. The two prices were read 66 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 0.005% in total (about 0.3% 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	GRVT AVGO_USDT_Perp	364.67	0	get 0.0000% / 8h	3h 14m	$3K	$206K	10x
Short	tradeXYZ xyz:AVGO	364.51	0.0183	get 0.0023% / 1h	14m 12s	$24.4M	$13.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.044%Rate

Funding earned: $38.38
Price spread: −0.044% → −0.085%: $4.16
Slippage, 4 orders: −$9.68
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $5.85
Costs to cover: 0.367%
Break-even: 5.9 days

Slippage from GRVT: live order book, 38 min ago; tradeXYZ: live order book, 4 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, 38 min ago	1.23 bp	6.8 bp −$7	15.1 bp −$151	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.96 bp	10.8 bp −$11	14.3 bp −$143	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	360.96	−1.017%	$4K	$104	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.09	+0.116%	$912K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	364.44	−0.064%	$64K	$381K	10x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.47	−0.055%	$6.6M	$3.0M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.63	−0.011%	$7.0M	$6.0M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.70	+0.008%	$8.0M	$3.9M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	364.73	+0.017%	$424K	$303K	—	as long as short
GRVT AVGO_USDT_Perplong	0.0000%	8h	364.67	long leg	$3K	$206K	10x
SunX AVGO-USDT	0.0000%	8h	364.49	−0.049%	$674	$4.3M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.82	+0.041%	$116K	$88K	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVGOUSDT	0.0000%	8h	364.70	+0.008%	$1.5M	$1.5M	10x	as long as short
Binance AVGOUSDT	+0.0002%	8h	364.54	−0.036%	$36.0M	$59.0M	20x	as long as short
BloFin AVGO-USDT	+0.0008%	8h	364.62	−0.014%	$544K	$276K	20x	as long as short
Lighter AVGO	+0.0032%	1h	364.27	−0.110%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0034%	1h	364.48	−0.052%	$1.2M	$3.9M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.37	−0.082%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.25	−0.115%	$495K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.04	−0.173%	$323K	$259K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0068%	8h	364.70	+0.008%	$10.6M	$15.3M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.71	+0.011%	$1.1M	$50K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.81	+0.038%	$20K	$136K	50x	as long as short
tradeXYZ xyz:AVGOshort	+0.0183%	1h	364.51	−0.044%	$24.4M	$13.9M	10x
Nado AVGO-PERP	+0.0279%	1h	364.38	−0.081%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0349%	1h	364.77	+0.027%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0438%	4h	364.48	−0.053%	$37K	$178K	10x	as long as short
Paragon para:AVGO	+0.0539%	1h	364.28	−0.107%	$2.6M	$294K	10x	as long as short