Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0472%/8h= +51.7% APRpaid last 24h +0.211%

Price spread now: Paragon against Phemex−0.052%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1051.054% of the position

Long on Phemex Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days+0.873%+$87 on $10k

Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.052%, 7d avg −0.092%

Together, before fees+0.819%+$82 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Paragon is 0.040% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	365.58	0	get 0.0000% / 8h	7h 49m	$1.5M	$1.5M	10x
Short	Paragon para:AVGO	365.39	0.0472	get 0.0059% / 1h	49m 13s	$2.5M	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon 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 ParagonbpOrdersPrice spread, now −0.052%Rate

Funding earned: $99.15
Price spread: −0.052% → −0.092%: $3.96
Slippage, 4 orders: −$83.39
Fee Phemex: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$2.28
Costs to cover: 1.054%
Break-even: 7.2 days

Slippage from Phemex: live order book, 4 min ago; Paragon: live order book, 7 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, 4 min ago	0.96 bp	29.1 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Paragon live order book, 7 min ago	14.51 bp	21.3 bp −$21	73.8 bp −$738	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	361.13	−1.217%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.70	+0.032%	$914K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.29	−0.079%	$6.6M	$3.5M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.22	−0.098%	$8.1M	$7.1M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.23	−0.096%	$891	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.58	0.000%	$129K	$64K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	365.58	long leg	$1.5M	$1.5M	10x
Bitget AVGOUSDT	+0.0009%	8h	365.48	−0.027%	$8.0M	$4.0M	20x	as long as short
Lighter AVGO	+0.0032%	1h	365.06	−0.142%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.98	−0.164%	—	$9K	25x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	365.21	−0.101%	$481K	$118K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.02	−0.153%	$402K	$306K	10x	as long as short
QFEX AVGO-USD	+0.0058%	1h	365.29	−0.079%	$1.2M	$4.3M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.08	−0.137%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.82	−0.208%	$20K	$140K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0138%	8h	365.66	+0.022%	$10.9M	$15.9M	20x	as long as short
Variational Omni AVGO	+0.0180%	8h	365.26	−0.088%	$419K	$417K	—	as long as short
Binance AVGOUSDT	+0.0191%	8h	365.54	−0.011%	$38.8M	$58.5M	20x	as long as short
Extended AVGO-USD	+0.0192%	1h	365.41	−0.048%	$61K	$398K	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0225%	8h	365.16	−0.114%	$3K	$245K	10x	as long as short
edgeX AVGOUSDC	+0.0299%	4h	365.13	−0.124%	$37K	$176K	10x	as long as short
BloFin AVGO-USDT	+0.0311%	8h	365.41	−0.047%	$549K	$277K	20x	as long as short
Nado AVGO-PERP	+0.0407%	1h	365.08	−0.138%	$101K	$14K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0420%	1h	365.35	−0.063%	$24.8M	$21.3M	10x	as long as short
Phoenix AVGO	+0.0460%	1h	365.27	−0.085%	$31K	$18K	10x	as long as short
Paragon para:AVGOshort	+0.0472%	1h	365.39	−0.052%	$2.5M	$313K	10x