Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0361%/8h= +39.6% APRpaid last 24h +0.007%

Price spread now: edgeX against Phoenix−0.055%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.055% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AVGO	364.28	0.0418	pay 0.0052% / 1h	16m 02s	$31K	$18K	10x
Short	edgeX AVGOUSDC	364.08	0.0780	get 0.0390% / 4h	1h 16m	$37K	$176K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Phoenix. 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 PhoenixbpFee edgeXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $75.91
Price spread: −0.055% → 0.000%: −$5.49
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $54.43
Costs to cover: 0.160%
Break-even: 2.0 days

Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 1 min ago. 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 Phoenix no order-book sample	—	—	—	—	—
Sell edgeX live order book, 1 min ago	5.36 bp	10.1 bp −$10	13.3 bp −$133	doesn't fit	doesn't fit

Phoenix: 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 PERP	−0.0220%	1h	360.45	−1.051%	$4K	$4K	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.29	+0.004%	$911K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	363.82	−0.126%	$6.6M	$3.8M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	363.80	−0.132%	$8.2M	$7.3M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	363.50	−0.214%	$840	$5.5M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.08	−0.055%	$135K	$50K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	363.99	−0.080%	$1.5M	$1.5M	10x	as long as short
Bitget AVGOUSDT	+0.0023%	8h	363.99	−0.080%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0025%	8h	364.02	−0.071%	$3K	$262K	10x	as long as short
Lighter AVGO	+0.0032%	1h	363.67	−0.167%	—	—	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AVGO-USD	+0.0037%	1h	363.86	−0.115%	$1.1M	$4.3M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	363.70	−0.159%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.71	−0.156%	$481K	$388K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.70	−0.159%	$401K	$311K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0052%	8h	363.91	−0.102%	$10.5M	$14.8M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	363.76	−0.143%	$1.1M	$76K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	363.85	−0.118%	$20K	$143K	50x	as long as short
Variational Omni AVGO	+0.0131%	8h	364.14	−0.037%	$424K	$411K	—	as long as short
Binance AVGOUSDT	+0.0140%	8h	363.98	−0.081%	$38.5M	$59.8M	20x	as long as short
Extended AVGO-USD	+0.0144%	1h	363.91	−0.101%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0260%	8h	364.00	−0.077%	$532K	$276K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0269%	1h	363.99	−0.080%	$24.5M	$21.4M	10x	as long as short
Nado AVGO-PERP	+0.0274%	1h	363.75	−0.147%	$100K	$14K	10x	as long as short
Paragon para:AVGO	+0.0382%	1h	363.73	−0.151%	$2.5M	$320K	10x	as long as short
Phoenix AVGOlong	+0.0418%	1h	364.28	long leg	$31K	$18K	10x
edgeX AVGOUSDCshort	+0.0780%	4h	364.08	−0.055%	$37K	$176K	10x