Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Phemex−1.126%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 1.126% cheaper against Phemex than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 366.75 | 0 | get 0.0000% / 8h | 4h 19m | $1.5M | $1.5M | 10x |
| Short | Injective AVGO/USDC PERP | 362.62 | −0.0220 | pay 0.0028% / 1h | 19m 49s | $4K | $102 | 12x |
Phemex AVGOUSDT
Injective AVGO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$46.2
- Price spread: −1.126% → 0.000%
- −$112.61
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$170.83
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
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, 3 min ago | 1.64 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.0220% | 1h | 362.62 | −1.126% | $4K | $102 | 12x | |
| Aster AVGOUSDT | 0.0000% | 8h | 366.44 | −0.084% | $916K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 366.40 | −0.095% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 366.52 | −0.063% | $7.1M | $6.1M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 366.67 | −0.022% | $8.1M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 366.59 | −0.044% | $3K | $195K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 366.46 | −0.079% | $458 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 366.84 | +0.025% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 366.75 | long leg | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 366.31 | −0.120% | — | — | 10x | as long as short |
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AVGO-USD | +0.0039% | 1h | 366.61 | −0.038% | $1.1M | $3.8M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 366.50 | −0.068% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 366.30 | −0.123% | $498K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 366.52 | −0.063% | $326K | $259K | 10x | as long as short |
| Variational Omni AVGO | +0.0051% | 8h | 366.85 | +0.026% | $426K | $302K | — | as long as short |
| Extended AVGO-USD | +0.0064% | 1h | 366.41 | −0.092% | $59K | $426K | 10x | as long as short |
| Binance AVGOUSDT | +0.0066% | 8h | 366.53 | −0.061% | $36.6M | $58.0M | 20x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 366.46 | −0.079% | $1.1M | $56K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 366.28 | −0.128% | $20K | $138K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0117% | 8h | 366.59 | −0.044% | $10.6M | $15.1M | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0177% | 1h | 366.50 | −0.068% | $24.7M | $13.7M | 10x | as long as short |
| BloFin AVGO-USDT | +0.0186% | 8h | 366.84 | +0.025% | $545K | $276K | 20x | as long as short |
| Nado AVGO-PERP | +0.0282% | 1h | 366.53 | −0.061% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0350% | 1h | 366.51 | −0.065% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0495% | 1h | 366.80 | +0.014% | $2.6M | $306K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0562% | 4h | 366.55 | −0.054% | $37K | $177K | 10x | as long as short |
QFEX AVGO-USD
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
Variational Omni AVGO
Extended AVGO-USD
Binance AVGOUSDT
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
tradeXYZ xyz:AVGO
BloFin AVGO-USDT
Nado AVGO-PERP
Phoenix AVGO
Paragon para:AVGO
edgeX AVGOUSDC