Funding arb · Price arb /

AVGO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: GRVT against Phemex+0.055%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$670.668% of the position

Long on Phemex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.181%+$18 on $10k

Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.055%, 7d avg −0.018%

Together, before fees−0.012%+ Points / potential airdropGRVT: Active · farm board−$1 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: GRVT is 0.074% dearer against Phemex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	360.92	0	get 0.0000% / 8h	7h 30m	$1.5M	$1.6M	10x
Short	GRVT AVGO_USDT_Perp	361.12	0	get 0.0000% / 8h	7h 30m	$4K	$212K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → −0.018%: $7.36
Slippage, 4 orders: −$45.78
Fee Phemex: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$59.42
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from Phemex: live order book, 2 min ago; GRVT: 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 Phemex live order book, 2 min ago	1.25 bp	29.3 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.39 bp	7.5 bp −$7	13.8 bp −$138	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	361.32	+0.111%	$2K	$2K	12x	as long as short
BloFin AVGO-USDT	−0.0013%	8h	360.63	−0.080%	$540K	$315K	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	361.00	+0.022%	$902K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	360.52	−0.112%	$58K	$509K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	360.61	−0.085%	$34.1M	$63.2M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	360.48	−0.122%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAP	0.0000%	8h	360.66	−0.072%	$10.4M	$15.4M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	360.54	−0.105%	$6.6M	$6.5M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	360.59	−0.091%	$7.8M	$4.1M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	360.81	−0.029%	$422K	$292K	—	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_Perpshort	0.0000%	8h	361.12	+0.055%	$4K	$212K	10x
SunX AVGO-USDT	0.0000%	8h	360.92	0.000%	$798	$4.0M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	360.74	−0.050%	$108K	$97K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	360.92	long leg	$1.5M	$1.6M	10x
Lighter AVGO	+0.0032%	1h	360.21	−0.197%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	360.44	−0.133%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0050%	1h	360.56	−0.100%	$1.1M	$4.0M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	360.49	−0.119%	$490K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	361.02	+0.028%	$274K	$318K	10x	as long as short
Paragon para:AVGO	+0.0060%	1h	360.23	−0.191%	$2.5M	$295K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	360.83	−0.025%	$1.1M	$90K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	361.04	+0.033%	$20K	$139K	50x	as long as short
tradeXYZ xyz:AVGO	+0.0235%	1h	360.52	−0.111%	$24.1M	$13.8M	10x	as long as short
Nado AVGO-PERP	+0.0247%	1h	360.57	−0.097%	$110K	$25K	10x	as long as short
Phoenix AVGO	+0.0420%	1h	361.34	+0.116%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0971%	4h	360.87	−0.013%	$37K	$178K	10x	as long as short