Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.094%

Price spread now: GRVT against Phoenix−0.013%115s7-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 GRVT

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 airdropGRVT: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AVGO	365.03	0.0437	pay 0.0055% / 1h	21m 34s	$31K	$18K	10x
Short	GRVT AVGO_USDT_Perp	364.98	0.0089	get 0.0089% / 8h	6h 21m	$3K	$208K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$73.08
Price spread: −0.013% → 0.000%: −$1.29
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$90.37
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; GRVT: live order book, 46 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 GRVT live order book, 46 min ago	1.64 bp	7.1 bp −$7	19.8 bp −$198	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 25 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	361.62	−0.934%	$4K	$102	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.01	−0.006%	$912K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.90	−0.036%	$6.6M	$3.3M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.02	−0.003%	$7.5M	$7.0M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.17	+0.038%	$8.0M	$4.0M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.81	−0.060%	$697	$4.9M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.00	−0.008%	$121K	$79K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	365.10	+0.019%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.88	−0.041%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.96	−0.019%	—	$9K	25x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	364.73	−0.082%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.76	−0.074%	$383K	$216K	10x	as long as short
QFEX AVGO-USD	+0.0061%	1h	364.90	−0.036%	$1.1M	$4.0M	10x	as long as short
GRVT AVGO_USDT_Perpshort	+0.0089%	8h	364.98	−0.013%	$3K	$208K	10x
KuCoin AVGOUSDTM	+0.0100%	8h	365.22	+0.052%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.01	−0.005%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0162%	8h	365.13	+0.027%	$10.6M	$15.5M	20x	as long as short
Binance AVGOUSDT	+0.0204%	8h	364.96	−0.019%	$37.3M	$59.8M	20x	as long as short
Extended AVGO-USD	+0.0208%	1h	364.87	−0.043%	$59K	$429K	10x	as long as short
Variational Omni AVGO	+0.0211%	8h	365.00	−0.010%	$419K	$339K	—	as long as short
edgeX AVGOUSDC	+0.0257%	4h	364.91	−0.033%	$37K	$176K	10x	as long as short
Nado AVGO-PERP	+0.0363%	1h	364.98	−0.014%	$108K	$21K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0375%	1h	365.08	+0.014%	$24.6M	$21.3M	10x	as long as short
Phoenix AVGOlong	+0.0437%	1h	365.03	long leg	$31K	$18K	10x
Paragon para:AVGO	+0.0515%	1h	365.16	+0.036%	$2.5M	$316K	10x	as long as short