Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.077%

Price spread now: Bitget against Paragon+0.014%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$630.634% of the position

Long on Paragon Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.589%−$59 on $10k

Price spread, last 7 days+0.293%+$29 · spread now +0.014%, 7d avg +0.126%

Together, before fees−0.297%−$30 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 Bitget is 0.112% cheaper against Paragon than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.126%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:AVGO	364.27	0.0172	pay 0.0022% / 1h	51m 12s	$2.5M	$311K	10x
Short	Bitget AVGOUSDT	364.32	0	get 0.0000% / 8h	2h 51m	$8.0M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$36.13
Price spread: +0.014% → +0.126%: −$11.24
Slippage, 4 orders: −$41.44
Fee Paragon: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$110.81
Costs to cover: 0.634%
Break-even: never at this rate

Slippage from Paragon: live order book, 6 min ago; Bitget: 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, 6 min ago	17.03 bp	22.1 bp −$22	55.3 bp −$553	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.41 bp	9.5 bp −$9	27.3 bp −$273	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	360.64	−0.997%	$4K	$101	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.73	+0.127%	$911K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	364.14	−0.036%	$59K	$511K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	364.18	−0.024%	$35.5M	$60.2M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.15	−0.033%	$6.6M	$3.1M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.27	0.000%	$7.0M	$5.9M	50x	as long as short
Bitget AVGOUSDTshort	0.0000%	8h	364.32	+0.014%	$8.0M	$4.0M	20x
Variational Omni AVGO	0.0000%	8h	364.00	−0.075%	$427K	$307K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	364.07	−0.055%	$4K	$208K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.44	+0.047%	$1K	$4.3M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AVGO-USDT	0.0000%	8h	364.20	−0.019%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.29	+0.005%	$1.5M	$1.5M	10x	as long as short
edgeX AVGOUSDC	+0.0013%	4h	363.93	−0.094%	$37K	$177K	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.00	−0.074%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	364.14	−0.036%	$1.1M	$3.9M	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0042%	8h	364.30	+0.008%	$10.5M	$15.4M	20x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.09	−0.049%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.84	−0.118%	$495K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.79	−0.132%	$307K	$278K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.31	+0.011%	$1.1M	$49K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.07	−0.055%	$20K	$134K	50x	as long as short
BloFin AVGO-USDT	+0.0120%	8h	364.26	−0.003%	$543K	$277K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0160%	1h	364.24	−0.008%	$24.4M	$13.9M	10x	as long as short
Paragon para:AVGOlong	+0.0172%	1h	364.27	long leg	$2.5M	$311K	10x
Nado AVGO-PERP	+0.0195%	1h	364.08	−0.053%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0352%	1h	364.22	−0.014%	$31K	$18K	10x	as long as short