Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%

Price spread now: Phemex against OKX−0.025%7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on OKX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.025%, 7d avg +0.068%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.092% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVGO-USDT-SWAP	362.84	0	get 0.0000% / 8h	37m 21s	$10.5M	$15.5M	20x
Short	Phemex AVGOUSDT	362.75	0	get 0.0000% / 8h	37m 21s	$1.5M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against OKX. 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 OKXbpFee PhemexbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → +0.068%: −$9.24
Slippage, 4 orders: −$53.44
Fee OKX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$84.68
Costs to cover: 0.754%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Phemex: live order book, 1 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 OKX live order book, 1 min ago	0.14 bp	6.9 bp −$7	20.9 bp −$209	123.6 bp −$12.4K	doesn't fit
Sell Phemex live order book, 1 min ago	1.52 bp	30.8 bp −$31	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	358.59	−1.171%	$4K	$101	12x	as long as short
Bitget AVGOUSDT	−0.0036%	8h	362.77	−0.019%	$7.9M	$4.2M	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.70	−0.038%	$906K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.60	−0.065%	$60K	$513K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.70	−0.039%	$34.7M	$62.3M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	362.64	−0.055%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAPlong	0.0000%	8h	362.84	long leg	$10.5M	$15.5M	20x
Gate AVGO_USDT	0.0000%	8h	362.65	−0.052%	$6.7M	$6.2M	50x	as long as short
Variational Omni AVGO	0.0000%	8h	362.87	+0.007%	$425K	$304K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.70	−0.039%	$4K	$215K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AVGO-USDT	0.0000%	8h	362.69	−0.041%	$805	$4.2M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.76	−0.022%	$109K	$101K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	362.75	−0.025%	$1.5M	$1.6M	10x
BloFin AVGO-USDT	+0.0022%	8h	362.71	−0.036%	$537K	$311K	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.39	−0.124%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	362.69	−0.041%	$1.1M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.45	−0.107%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.35	−0.135%	$493K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.33	−0.141%	$277K	$317K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.52	−0.088%	$1.1M	$43K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.55	−0.080%	$20K	$137K	50x	as long as short
edgeX AVGOUSDC	+0.0130%	4h	362.67	−0.047%	$37K	$177K	10x	as long as short
Nado AVGO-PERP	+0.0301%	1h	362.49	−0.096%	$110K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0328%	1h	362.69	−0.041%	$24.3M	$14.0M	10x	as long as short
Paragon para:AVGO	+0.0339%	1h	362.80	−0.011%	$2.5M	$310K	10x	as long as short
Phoenix AVGO	+0.0375%	1h	363.01	+0.047%	$31K	$18K	10x	as long as short