Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0315%/8h= +34.4% APRpaid last 24h −0.010%

Price spread now: GRVT against Ondo Perps+0.030%53s7-day average +0.115% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.089%+$9 · spread now +0.030%, 7d avg +0.115%

Together, before fees+0.150%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.085% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.115%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.060% in total) that is about 9.9 days. The two prices were read 53 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 0.060% in total (about 3.1% 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	Ondo Perps AVGO-USD.P	365.18	0.0050	pay 0.0006% / 1h	30m 25s	$400K	$309K	10x
Short	GRVT AVGO_USDT_Perp	365.29	0.0365	get 0.0365% / 8h	7h 30m	$4K	$230K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Ondo Perps. 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 Ondo PerpsbpFee GRVTbpOrdersPrice spread, now +0.030%Rate

Funding earned: $66.07
Price spread: +0.030% → +0.115%: −$8.48
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $43.59
Costs to cover: 0.140%
Break-even: 2.4 days

Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 42 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell GRVT live order book, 42 min ago	1.23 bp	8.9 bp −$9	18.8 bp −$188	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	361.94	−0.887%	$4K	$102	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.85	+0.183%	$914K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.31	+0.036%	$6.6M	$3.5M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.39	+0.058%	$8.0M	$7.2M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.29	+0.030%	$639	$5.3M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.25	+0.019%	$129K	$64K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	365.58	+0.110%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	365.20	+0.005%	—	—	10x	as long as short
Bitget AVGOUSDT	+0.0033%	8h	365.60	+0.115%	$8.0M	$4.0M	20x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.19	+0.003%	—	$9K	25x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	365.22	+0.011%	$497K	$134K	10x	as long as short
Ondo Perps AVGO-USD.Plong	+0.0050%	1h	365.18	long leg	$400K	$309K	10x
QFEX AVGO-USD	+0.0058%	1h	365.51	+0.090%	$1.2M	$4.3M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.34	+0.044%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.94	−0.066%	$20K	$140K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0150%	8h	365.65	+0.129%	$10.7M	$16.1M	20x	as long as short
edgeX AVGOUSDC	+0.0184%	4h	365.21	+0.009%	$37K	$177K	10x	as long as short
Variational Omni AVGO	+0.0207%	8h	365.50	+0.086%	$420K	$415K	—	as long as short
Binance AVGOUSDT	+0.0212%	8h	365.55	+0.102%	$38.6M	$58.9M	20x	as long as short
Extended AVGO-USD	+0.0216%	1h	365.45	+0.075%	$61K	$550K	10x	as long as short
BloFin AVGO-USDT	+0.0331%	8h	365.52	+0.093%	$550K	$277K	20x	as long as short
GRVT AVGO_USDT_Perpshort	+0.0365%	8h	365.29	+0.030%	$4K	$230K	10x
Nado AVGO-PERP	+0.0388%	1h	365.27	+0.024%	$108K	$18K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0401%	1h	365.56	+0.104%	$24.8M	$21.4M	10x	as long as short
Phoenix AVGO	+0.0460%	1h	365.66	+0.131%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0573%	1h	365.67	+0.134%	$2.5M	$313K	10x	as long as short