Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.3% APRnext payment +$1.22 per $10,000 · paid last 24h +0.071%
Price spread now: Binance against Phemex+0.022%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.725% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.022%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.044% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 365.88 | 0 | get 0.0000% / 8h | 5h 08m | $1.5M | $1.5M | 10x |
| Short | Binance AVGOUSDT | 365.96 | 0.0122 | get 0.0122% / 8h | 5h 08m | $36.7M | $58.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.57
- Price spread: +0.022% → −0.023%
- $4.45
- Slippage, 4 orders
- −$50.54
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$42.53
- Costs to cover
- 0.725%
- Break-even
- 18.6 days
Slippage from Phemex: live order book, 4 min ago; Binance: live order book, 3 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 Phemex live order book, 4 min ago | 0.96 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.14 bp | 6.7 bp −$7 | 10.9 bp −$109 | 74.7 bp −$7,474 | 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 | 362.21 | −1.003% | $4K | $103 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.88 | 0.000% | $914K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.89 | +0.003% | $6.7M | $3.1M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.98 | +0.027% | $7.2M | $6.4M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 366.04 | +0.044% | $8.1M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.97 | +0.026% | $4K | $201K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.99 | +0.030% | $633 | $4.5M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.84 | −0.011% | $116K | $89K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 365.88 | long leg | $1.5M | $1.5M | 10x | |
| QFEX AVGO-USD | +0.0016% | 1h | 365.85 | −0.008% | $1.2M | $3.8M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 365.75 | −0.036% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.74 | −0.038% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.62 | −0.071% | $497K | $132K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.65 | −0.063% | $325K | $256K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.90 | +0.005% | $1.1M | $61K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.61 | −0.074% | $20K | $142K | 50x | as long as short |
| Variational Omni AVGO | +0.0111% | 8h | 365.98 | +0.026% | $425K | $313K | — | as long as short |
| Extended AVGO-USD | +0.0120% | 1h | 365.85 | −0.008% | $59K | $430K | 10x | as long as short |
| Binance AVGOUSDTshort | +0.0122% | 8h | 365.96 | +0.022% | $36.7M | $58.3M | 20x | |
| OKX AVGO-USDT-SWAP | +0.0151% | 8h | 366.11 | +0.063% | $10.7M | $15.1M | 20x | as long as short |
| Nado AVGO-PERP | +0.0207% | 1h | 365.86 | −0.007% | $111K | $25K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0223% | 1h | 365.98 | +0.027% | $24.6M | $14.5M | 10x | as long as short |
| BloFin AVGO-USDT | +0.0242% | 8h | 365.93 | +0.014% | $547K | $278K | 20x | as long as short |
| Phoenix AVGO | +0.0416% | 1h | 366.21 | +0.090% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0422% | 1h | 365.73 | −0.041% | $2.6M | $333K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0765% | 4h | 365.88 | −0.001% | $37K | $176K | 10x | as long as short |
Phemex AVGOUSDT
Binance AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Polymarket Perps AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
Variational Omni AVGO
Extended AVGO-USD
OKX AVGO-USDT-SWAP
tradeXYZ xyz:AVGO
BloFin AVGO-USDT
Phoenix AVGO
Paragon para:AVGO
edgeX AVGOUSDC