Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.119%

Price spread now: Binance against Paragon+0.026%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$590.592% of the position

Long on Paragon Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.748%−$75 on $10k

Price spread, last 2 days (all we have)+0.121%+$12 · spread now +0.026%, 7d avg +0.099%

Together, before fees−0.627%−$63 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.073% cheaper against Paragon than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.099%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:AVGO	365.38	0.0279	pay 0.0035% / 1h	55m 19s	$2.5M	$315K	10x
Short	Binance AVGOUSDT	365.48	0.0150	get 0.0150% / 8h	5h 55m	$36.8M	$60.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paragon. 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 ParagonbpFee BinancebpOrdersPrice spread, now +0.026%Rate

Funding earned: −$27.09
Price spread: +0.026% → +0.099%: −$7.33
Slippage, 4 orders: −$39.24
Fee Paragon: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$93.66
Costs to cover: 0.592%
Break-even: never at this rate

Slippage from Paragon: live order book, 2 min ago; Binance: live order book, 2 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 Paragon live order book, 2 min ago	13.82 bp	21.3 bp −$21	104.2 bp −$1,042	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.14 bp	5.1 bp −$5	12.4 bp −$124	79.2 bp −$7,922	doesn't fit

AVGO on 25 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	361.29	−1.119%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.22	−0.043%	$913K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.41	+0.008%	$6.7M	$3.4M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.39	+0.003%	$7.2M	$6.3M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.54	+0.044%	$8.1M	$4.0M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.34	−0.011%	$3K	$205K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.59	+0.057%	$720	$4.8M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.40	+0.005%	$121K	$80K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	365.58	+0.055%	$1.5M	$1.5M	10x	as long as short
QFEX AVGO-USD	+0.0016%	1h	365.30	−0.022%	$1.2M	$4.0M	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVGO	+0.0032%	1h	365.19	−0.052%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.21	−0.047%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.12	−0.071%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.92	−0.126%	$324K	$273K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.25	−0.036%	$1.1M	$69K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.13	−0.068%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0135%	8h	365.54	+0.044%	$10.6M	$15.5M	20x	as long as short
edgeX AVGOUSDC	+0.0138%	4h	365.26	−0.033%	$37K	$176K	10x	as long as short
Variational Omni AVGO	+0.0140%	8h	365.36	−0.005%	$419K	$300K	—	as long as short
Binance AVGOUSDTshort	+0.0150%	8h	365.48	+0.026%	$36.8M	$60.5M	20x
Extended AVGO-USD	+0.0152%	1h	365.37	−0.004%	$59K	$423K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0213%	1h	365.42	+0.011%	$24.6M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0275%	1h	365.27	−0.030%	$108K	$21K	10x	as long as short
Paragon para:AVGOlong	+0.0279%	1h	365.38	long leg	$2.5M	$315K	10x
Phoenix AVGO	+0.0437%	1h	365.34	−0.011%	$31K	$18K	10x	as long as short