Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0355%/8h= −38.9% APRpaid last 24h −0.114%

Price spread now: KuCoin against Paragon−0.085%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$375as in the Funding arb table

Net, price: spread back to 7d avg − costs−$322as in the Price arb table

costs, in and out, $10k−$3093.095% of the position

Long on Paragon Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.660%−$66 on $10k

Price spread, last 7 days+0.256%+$26 · spread now −0.085%, 7d avg +0.040%

Together, before fees−0.404%−$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.124% cheaper against Paragon than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:AVGO	366.61	0.0455	pay 0.0057% / 1h	35m 25s	$2.6M	$318K	10x
Short	KuCoin AVGOUSDTM	366.30	0.0100	get 0.0100% / 8h	4h 35m	$1.1M	$59K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$74.65
Price spread: −0.085% → +0.040%: −$12.45
Slippage, 4 orders: −$287.47
Fee Paragon: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$396.57
Costs to cover: 3.095%
Break-even: never at this rate

Slippage from Paragon: live order book, 2 min ago; KuCoin: 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 Paragon live order book, 2 min ago	16.77 bp	23.7 bp −$24	48.1 bp −$481	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	13.51 bp	165.2 bp −$165	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	362.62	−1.088%	$4K	$102	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	366.29	−0.087%	$915K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	366.21	−0.109%	$6.7M	$3.0M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	366.40	−0.057%	$7.2M	$6.0M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	366.48	−0.035%	$8.1M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	366.33	−0.076%	$4K	$194K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	366.18	−0.117%	$828	$4.3M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	366.60	−0.003%	$116K	$88K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	366.37	−0.065%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	366.13	−0.131%	—	—	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AVGO-USD	+0.0039%	1h	366.29	−0.087%	$1.1M	$3.8M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	366.20	−0.112%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.99	−0.169%	$498K	$131K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	366.22	−0.106%	$324K	$259K	10x	as long as short
Variational Omni AVGO	+0.0063%	8h	366.38	−0.061%	$426K	$302K	—	as long as short
Binance AVGOUSDT	+0.0077%	8h	366.36	−0.068%	$36.7M	$58.0M	20x	as long as short
Extended AVGO-USD	+0.0080%	1h	366.27	−0.092%	$59K	$426K	10x	as long as short
KuCoin AVGOUSDTMshort	+0.0100%	8h	366.30	−0.085%	$1.1M	$59K	20x
ApeX Omni AVGOUSDT	+0.0100%	1h	366.21	−0.109%	$20K	$140K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0129%	8h	366.42	−0.052%	$10.6M	$15.0M	20x	as long as short
tradeXYZ xyz:AVGO	+0.0141%	1h	366.33	−0.076%	$24.7M	$13.7M	10x	as long as short
BloFin AVGO-USDT	+0.0200%	8h	366.37	−0.065%	$545K	$275K	20x	as long as short
Nado AVGO-PERP	+0.0261%	1h	366.23	−0.103%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0350%	1h	366.43	−0.049%	$31K	$18K	10x	as long as short
Paragon para:AVGOlong	+0.0455%	1h	366.61	long leg	$2.6M	$318K	10x
edgeX AVGOUSDC	+0.0803%	4h	366.27	−0.093%	$37K	$177K	10x	as long as short