Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.035%

Price spread now: tradeXYZ against KuCoin−0.085%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$303as in the Funding arb table

Net, price: spread back to 7d avg − costs−$306as in the Price arb table

costs, in and out, $10k−$3023.021% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.017%−$2 · spread now −0.085%, 7d avg −0.043%

Together, before fees−0.028%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.043%). If the spread goes back, that is −$4 on $10k: about 43 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVGOUSDTM	365.10	0.0100	pay 0.0100% / 8h	3h 37m	$1.1M	$50K	20x
Short	tradeXYZ xyz:AVGO	364.79	0.0178	get 0.0022% / 1h	37m 36s	$24.5M	$13.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against KuCoin. 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 KuCoinbpFee tradeXYZbpOrdersPrice spread, now −0.085%Rate

Funding earned: $16.42
Price spread: −0.085% → −0.043%: −$4.22
Slippage, 4 orders: −$272.05
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$289.85
Costs to cover: 3.021%
Break-even: 130.5 days

Slippage from KuCoin: live order book, 2 min ago; tradeXYZ: live order book, 12 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 KuCoin live order book, 2 min ago	13.81 bp	131.4 bp −$131	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.55 bp	11.1 bp −$11	16.4 bp −$164	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	362.94	−0.592%	$4K	$101	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.70	−0.109%	$911K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.72	−0.104%	$6.7M	$3.0M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.77	−0.090%	$7.1M	$5.9M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.90	−0.055%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.14	+0.011%	$4K	$198K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.76	−0.093%	$828	$4.3M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.10	0.000%	$116K	$88K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.97	−0.036%	$1.5M	$1.5M	10x	as long as short
Variational Omni AVGO	+0.0019%	8h	365.33	+0.063%	$424K	$303K	—	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	364.54	−0.153%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0034%	1h	364.76	−0.093%	$1.1M	$3.8M	10x	as long as short
Binance AVGOUSDT	+0.0036%	8h	364.82	−0.076%	$36.1M	$58.4M	20x	as long as short
Extended AVGO-USD	+0.0040%	1h	364.65	−0.123%	$59K	$425K	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.67	−0.118%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.67	−0.118%	$496K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.42	+0.088%	$324K	$260K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0089%	8h	364.96	−0.038%	$10.7M	$15.2M	20x	as long as short
KuCoin AVGOUSDTMlong	+0.0100%	8h	365.10	long leg	$1.1M	$50K	20x
ApeX Omni AVGOUSDT	+0.0100%	1h	365.10	0.000%	$20K	$137K	50x	as long as short
edgeX AVGOUSDC	+0.0107%	4h	365.12	+0.004%	$37K	$177K	10x	as long as short
BloFin AVGO-USDT	+0.0155%	8h	365.08	−0.005%	$546K	$275K	20x	as long as short
tradeXYZ xyz:AVGOshort	+0.0178%	1h	364.79	−0.085%	$24.5M	$13.8M	10x
Nado AVGO-PERP	+0.0299%	1h	364.68	−0.114%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0349%	1h	365.80	+0.192%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0622%	1h	365.10	0.000%	$2.6M	$294K	10x	as long as short