Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: Gate against Phemex−0.003%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$860.857% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.003%, 7d avg −0.078%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.076% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	365.15	0	get 0.0000% / 8h	6h 02m	$1.5M	$1.5M	10x
Short	Gate AVGO_USDT	365.14	0	get 0.0000% / 8h	6h 02m	$7.3M	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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 PhemexbpFee GatebpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → −0.078%: $7.57
Slippage, 4 orders: −$58.68
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$78.1
Costs to cover: 0.857%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; Gate: live order book, 1 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	1.78 bp	34.2 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.96 bp	9.1 bp −$9	35.4 bp −$354	doesn't fit	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	361.28	−1.060%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.01	−0.039%	$912K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.07	−0.022%	$6.6M	$3.3M	50x	as long as short
Gate AVGO_USDTshort	0.0000%	8h	365.14	−0.003%	$7.3M	$7.3M	50x
Bitget AVGOUSDT	0.0000%	8h	365.28	+0.036%	$8.0M	$4.0M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.02	−0.035%	$3K	$207K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.19	+0.011%	$825	$4.9M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.22	+0.019%	$121K	$80K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	365.15	long leg	$1.5M	$1.5M	10x
Lighter AVGO	+0.0032%	1h	364.93	−0.060%	—	—	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.92	−0.063%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.74	−0.112%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.44	−0.194%	$330K	$271K	10x	as long as short
QFEX AVGO-USD	+0.0061%	1h	364.96	−0.052%	$1.2M	$4.0M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.38	+0.063%	$1.1M	$70K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.98	−0.047%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0139%	8h	365.27	+0.033%	$10.6M	$15.5M	20x	as long as short
Variational Omni AVGO	+0.0154%	8h	364.92	−0.064%	$420K	$299K	—	as long as short
Binance AVGOUSDT	+0.0156%	8h	365.16	+0.002%	$36.8M	$60.5M	20x	as long as short
Extended AVGO-USD	+0.0160%	1h	365.07	−0.023%	$59K	$429K	10x	as long as short
edgeX AVGOUSDC	+0.0245%	4h	364.66	−0.133%	$37K	$177K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0287%	1h	365.10	−0.014%	$24.6M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0309%	1h	365.02	−0.036%	$108K	$21K	10x	as long as short
Phoenix AVGO	+0.0437%	1h	365.35	+0.055%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0469%	1h	365.20	+0.014%	$2.5M	$316K	10x	as long as short