Settings8H · net · $10k
Funding arb · Price arb /

AVGO

RWAall AVGO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.147%+$15 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AVGOUSDT364.920get 0.0000% / 8h17m 11s$1.5M$1.5M10x
ShortOKX AVGO-USDT-SWAP365.060.0108get 0.0108% / 8h17m 11s$10.9M$16.5M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 1 min ago2.74 bp28.5 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.41 bp7.7 bp −$824.7 bp −$247doesn't fitdoesn't fit

AVGO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVGO/USDC PERP−0.0220%1h361.26−1.003%$4K$10312xas long as short
Aster AVGOUSDT0.0000%8h365.35+0.116%$913K$29K20xas long as short
Bybit AVGOUSDT0.0000%8h364.72−0.055%$6.7M$3.8M50xas long as short
Gate AVGO_USDT0.0000%8h364.75−0.047%$8.1M$7.4M50xas long as short
Bitget AVGOUSDT0.0000%8h364.90−0.005%$8.0M$4.1M20xas long as short
SunX AVGO-USDT0.0000%8h364.73−0.052%$751$5.4M10xas long as short
HTX AVGO-USDT0.0000%8h364.78−0.038%$135K$50K20xas long as short
Phemex AVGOUSDTlong0.0000%8h364.92long leg$1.5M$1.5M10x
Lighter AVGO+0.0032%1h364.40−0.142%10xas long as short
GRVT AVGO_USDT_Perp+0.0035%8h364.90−0.006%$4K$247K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AVGO-USD-PERP+0.0046%1h364.46−0.126%$9K25xas long as short
QFEX AVGO-USD+0.0049%1h364.80−0.033%$1.1M$4.4M10xas long as short
Polymarket Perps AVGO-USD+0.0050%1h364.72−0.055%$480K$391K10xas long as short
Ondo Perps AVGO-USD.P+0.0050%1h364.47−0.123%$403K$314K10xas long as short
KuCoin AVGOUSDTM+0.0100%8h364.51−0.112%$1.1M$72K20xas long as short
ApeX Omni AVGOUSDT+0.0100%1h364.47−0.123%$20K$141K50xas long as short
OKX AVGO-USDT-SWAPshort+0.0108%8h365.06+0.038%$10.9M$16.5M20x
Variational Omni AVGO+0.0169%8h364.90−0.004%$425K$410Kas long as short
Extended AVGO-USD+0.0184%1h364.85−0.020%$61K$383K10xas long as short
Binance AVGOUSDT+0.0188%8h364.90−0.005%$38.7M$59.8M20xas long as short
BloFin AVGO-USDT+0.0308%8h364.91−0.003%$553K$277K20xas long as short
Nado AVGO-PERP+0.0363%1h364.46−0.126%$101K$14K10xas long as short
Phoenix AVGO+0.0417%1h365.13+0.058%$31K$18K10xas long as short
tradeXYZ xyz:AVGO+0.0460%1h364.85−0.019%$24.8M$21.3M10xas long as short
Paragon para:AVGO+0.0522%1h364.40−0.142%$2.5M$314K10xas long as short
edgeX AVGOUSDC+0.0605%4h364.89−0.008%$37K$177K10xas long as short