Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against Phemex+0.038%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.038%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.111% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 364.92 | 0 | get 0.0000% / 8h | 17m 11s | $1.5M | $1.5M | 10x |
| Short | OKX AVGO-USDT-SWAP | 365.06 | 0.0108 | get 0.0108% / 8h | 17m 11s | $10.9M | $16.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $22.71
- Price spread: +0.038% → −0.073%
- $11.15
- Slippage, 4 orders
- −$54.38
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.52
- Costs to cover
- 0.764%
- Break-even
- 20.1 days
Slippage from Phemex: live order book, 1 min ago; OKX: 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, 1 min ago | 2.74 bp | 28.5 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.41 bp | 7.7 bp −$8 | 24.7 bp −$247 | 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 | 361.26 | −1.003% | $4K | $103 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.35 | +0.116% | $913K | $29K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.72 | −0.055% | $6.7M | $3.8M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.75 | −0.047% | $8.1M | $7.4M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 364.90 | −0.005% | $8.0M | $4.1M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.73 | −0.052% | $751 | $5.4M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 364.78 | −0.038% | $135K | $50K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 364.92 | long leg | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 364.40 | −0.142% | — | — | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0035% | 8h | 364.90 | −0.006% | $4K | $247K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AVGO-USD-PERP | +0.0046% | 1h | 364.46 | −0.126% | — | $9K | 25x | as long as short |
| QFEX AVGO-USD | +0.0049% | 1h | 364.80 | −0.033% | $1.1M | $4.4M | 10x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 364.72 | −0.055% | $480K | $391K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.47 | −0.123% | $403K | $314K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 364.51 | −0.112% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 364.47 | −0.123% | $20K | $141K | 50x | as long as short |
| OKX AVGO-USDT-SWAPshort | +0.0108% | 8h | 365.06 | +0.038% | $10.9M | $16.5M | 20x | |
| Variational Omni AVGO | +0.0169% | 8h | 364.90 | −0.004% | $425K | $410K | — | as long as short |
| Extended AVGO-USD | +0.0184% | 1h | 364.85 | −0.020% | $61K | $383K | 10x | as long as short |
| Binance AVGOUSDT | +0.0188% | 8h | 364.90 | −0.005% | $38.7M | $59.8M | 20x | as long as short |
| BloFin AVGO-USDT | +0.0308% | 8h | 364.91 | −0.003% | $553K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0363% | 1h | 364.46 | −0.126% | $101K | $14K | 10x | as long as short |
| Phoenix AVGO | +0.0417% | 1h | 365.13 | +0.058% | $31K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0460% | 1h | 364.85 | −0.019% | $24.8M | $21.3M | 10x | as long as short |
| Paragon para:AVGO | +0.0522% | 1h | 364.40 | −0.142% | $2.5M | $314K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0605% | 4h | 364.89 | −0.008% | $37K | $177K | 10x | as long as short |
Phemex AVGOUSDT
OKX AVGO-USDT-SWAP
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
GRVT AVGO_USDT_Perp
Polymarket Perps AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
Variational Omni AVGO
Extended AVGO-USD
Binance AVGOUSDT
BloFin AVGO-USDT
Phoenix AVGO
tradeXYZ xyz:AVGO
Paragon para:AVGO
edgeX AVGOUSDC