Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.38 per $10,000 · paid last 24h +0.043%
Price spread now: Bitget against Phemex−0.008%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.008%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.021% cheaper against Phemex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.275%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 362.80 | 0 | get 0.0000% / 8h | 38m 09s | $1.5M | $1.6M | 10x |
| Short | Bitget AVGOUSDT | 362.77 | −0.0038 | pay 0.0038% / 8h | 38m 09s | $7.9M | $4.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$7.98
- Price spread: −0.008% → +0.013%
- −$2.14
- Slippage, 4 orders
- −$54.2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.31
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 2.76 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.24 bp | 12.0 bp −$12 | 34.0 bp −$340 | 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 | 358.59 | −1.160% | $4K | $101 | 12x | as long as short |
| Bitget AVGOUSDTshort | −0.0038% | 8h | 362.77 | −0.008% | $7.9M | $4.2M | 20x | |
| BloFin AVGO-USDT | −0.0013% | 8h | 362.76 | −0.011% | $538K | $311K | 20x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 362.69 | −0.030% | $906K | $12K | 20x | as long as short |
| Extended AVGO-USD | 0.0000% | 1h | 362.64 | −0.044% | $58K | $509K | 10x | as long as short |
| Binance AVGOUSDT | 0.0000% | 8h | 362.73 | −0.019% | $34.7M | $62.3M | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 362.61 | −0.052% | $6.6M | $3.1M | 50x | as long as short |
| OKX AVGO-USDT-SWAP | 0.0000% | 8h | 362.80 | 0.000% | $10.5M | $15.5M | 20x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 362.77 | −0.008% | $6.7M | $6.2M | 50x | as long as short |
| Variational Omni AVGO | 0.0000% | 8h | 362.87 | +0.018% | $425K | $304K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 362.82 | +0.006% | $4K | $215K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 362.67 | −0.036% | $805 | $4.2M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 362.76 | −0.011% | $109K | $101K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 362.80 | long leg | $1.5M | $1.6M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 362.37 | −0.119% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0033% | 1h | 362.68 | −0.033% | $1.1M | $4.0M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 362.42 | −0.105% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 362.35 | −0.124% | $493K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 362.33 | −0.130% | $277K | $317K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 362.51 | −0.080% | $1.1M | $43K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 362.55 | −0.069% | $20K | $137K | 50x | as long as short |
| edgeX AVGOUSDC | +0.0223% | 4h | 362.79 | −0.002% | $37K | $177K | 10x | as long as short |
| Nado AVGO-PERP | +0.0297% | 1h | 362.47 | −0.092% | $110K | $25K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0330% | 1h | 362.71 | −0.025% | $24.3M | $14.0M | 10x | as long as short |
| Paragon para:AVGO | +0.0334% | 1h | 362.72 | −0.022% | $2.5M | $310K | 10x | as long as short |
| Phoenix AVGO | +0.0375% | 1h | 362.79 | −0.003% | $31K | $18K | 10x | as long as short |
Phemex AVGOUSDT
Bitget AVGOUSDT
Injective AVGO/USDC PERP
BloFin AVGO-USDT
Aster AVGOUSDT
Extended AVGO-USD
Binance AVGOUSDT
Bybit AVGOUSDT
OKX AVGO-USDT-SWAP
Gate AVGO_USDT
Variational Omni AVGO
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Polymarket Perps AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
edgeX AVGOUSDC
tradeXYZ xyz:AVGO
Paragon para:AVGO
Phoenix AVGO