Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex0.000%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3683.683% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.062% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 362.33 | 0 | get 0.0000% / 8h | 2m 59s | $1.5M | $1.6M | 10x |
| Short | KuCoin AVGOUSDTM | 362.33 | 0.0100 | get 0.0100% / 8h | 2m 59s | $1.1M | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: 0.000% → −0.062%
- $6.19
- Slippage, 4 orders
- −$344.31
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$341.12
- Costs to cover
- 3.683%
- Break-even
- 120.7 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: 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, 5 min ago | 1.66 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 12.42 bp | 134.4 bp −$134 | doesn't fit | 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 | 358.56 | −1.040% | $4K | $104 | 12x | as long as short |
| Bitget AVGOUSDT | −0.0045% | 8h | 362.40 | +0.019% | $7.9M | $4.1M | 20x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 362.52 | +0.052% | $906K | $12K | 20x | as long as short |
| Extended AVGO-USD | 0.0000% | 1h | 362.24 | −0.024% | $58K | $511K | 10x | as long as short |
| Binance AVGOUSDT | 0.0000% | 8h | 362.30 | −0.008% | $34.5M | $62.3M | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 362.16 | −0.047% | $6.6M | $3.2M | 50x | as long as short |
| OKX AVGO-USDT-SWAP | 0.0000% | 8h | 362.44 | +0.030% | $10.5M | $15.3M | 20x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 362.32 | −0.003% | $6.7M | $6.2M | 50x | as long as short |
| Variational Omni AVGO | 0.0000% | 8h | 362.25 | −0.021% | $425K | $297K | — | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 362.25 | −0.022% | $4K | $213K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AVGO-USDT | 0.0000% | 8h | 362.47 | +0.039% | $754 | $4.1M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 362.48 | +0.041% | $109K | $101K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 362.33 | long leg | $1.5M | $1.6M | 10x | |
| BloFin AVGO-USDT | +0.0020% | 8h | 362.32 | −0.003% | $540K | $312K | 20x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 361.96 | −0.102% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0033% | 1h | 362.27 | −0.017% | $1.2M | $4.0M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 361.99 | −0.094% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 362.03 | −0.083% | $492K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 361.74 | −0.163% | $277K | $315K | 10x | as long as short |
| KuCoin AVGOUSDTMshort | +0.0100% | 8h | 362.33 | 0.000% | $1.1M | $54K | 20x | |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 361.93 | −0.110% | $20K | $139K | 50x | as long as short |
| Nado AVGO-PERP | +0.0289% | 1h | 362.05 | −0.077% | $110K | $25K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0330% | 1h | 362.26 | −0.019% | $24.3M | $14.0M | 10x | as long as short |
| Phoenix AVGO | +0.0375% | 1h | 362.51 | +0.050% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0390% | 1h | 362.39 | +0.017% | $2.5M | $302K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0521% | 4h | 362.16 | −0.048% | $37K | $177K | 10x | as long as short |
Phemex AVGOUSDT
KuCoin AVGOUSDTM
Injective AVGO/USDC PERP
Bitget AVGOUSDT
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
BloFin AVGO-USDT
Lighter AVGO
Polymarket Perps AVGO-USD
ApeX Omni AVGOUSDT
tradeXYZ xyz:AVGO
Phoenix AVGO
Paragon para:AVGO
edgeX AVGOUSDC