Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0160%/8h= −17.6% APRpaid last 24h −0.090%

Price spread now: Phemex against Nado+0.032%7-day average +0.082% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1181.177% of the position

Long on Nado Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.185%−$19 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.032%, 7d avg +0.082%

Together, before fees−0.125%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phemex is 0.050% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.082%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVGO-PERP	365.60	0.0160	pay 0.0020% / 1h	29m 11s	$111K	$25K	10x
Short	Phemex AVGOUSDT	365.72	0	get 0.0000% / 8h	5h 29m	$1.5M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Nado. 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 NadobpFee PhemexbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$33.68
Price spread: +0.032% → +0.082%: −$4.99
Slippage, 4 orders: −$98.74
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$156.4
Costs to cover: 1.177%
Break-even: never at this rate

Slippage from Nado: live order book, 33 min ago; Phemex: 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 Nado live order book, 33 min ago	3.97 bp	33.5 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	1.91 bp	31.5 bp −$32	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	362.03	−0.978%	$4K	$102	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.59	−0.004%	$914K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.62	+0.004%	$6.7M	$3.4M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.80	+0.054%	$7.2M	$6.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.88	+0.075%	$8.1M	$4.0M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.88	+0.075%	$4K	$202K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.88	+0.075%	$662	$4.7M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.40	−0.056%	$116K	$89K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	365.72	+0.032%	$1.5M	$1.5M	10x
QFEX AVGO-USD	+0.0016%	1h	365.65	+0.013%	$1.2M	$3.9M	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	365.44	−0.045%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.57	−0.009%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.44	−0.045%	$497K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.32	−0.078%	$325K	$273K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.64	+0.010%	$1.1M	$67K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.58	−0.007%	$20K	$142K	50x	as long as short
Variational Omni AVGO	+0.0124%	8h	365.88	+0.074%	$425K	$309K	—	as long as short
Extended AVGO-USD	+0.0136%	1h	365.69	+0.023%	$59K	$430K	10x	as long as short
Binance AVGOUSDT	+0.0137%	8h	365.70	+0.026%	$36.7M	$60.2M	20x	as long as short
OKX AVGO-USDT-SWAP	+0.0142%	8h	365.82	+0.059%	$10.7M	$15.6M	20x	as long as short
Nado AVGO-PERPlong	+0.0160%	1h	365.60	long leg	$111K	$25K	10x
tradeXYZ xyz:AVGO	+0.0240%	1h	365.76	+0.043%	$24.6M	$21.3M	10x	as long as short
BloFin AVGO-USDT	+0.0257%	8h	365.80	+0.054%	$545K	$280K	20x	as long as short
Phoenix AVGO	+0.0416%	1h	366.11	+0.138%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0434%	1h	366.03	+0.116%	$2.6M	$330K	10x	as long as short
edgeX AVGOUSDC	+0.0738%	4h	365.76	+0.043%	$37K	$177K	10x	as long as short