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

AVGO

RWAall AVGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0400%/8h= −43.8% APRnext payment $0.50 per $10,000 · paid last 24h −0.083%
Price spread now: QFEX against Phoenix−0.098%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and QFEX is 0.098% cheaper against Phoenix than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AVGO366.210.0416pay 0.0052% / 1h8m 38s$31K$18K10x
ShortQFEX AVGO-USD365.850.0016get 0.0002% / 1h8m 38s$1.2M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
−$83.96
Price spread: −0.098% → 0.000%
−$9.83
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$110.8
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell QFEX live order book, 5 min ago1.09 bp6.1 bp −$67.1 bp −$71doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVGO/USDC PERP−0.0220%1h362.21−1.092%$4K$10312xas long as short
Aster AVGOUSDT0.0000%8h365.89−0.087%$914K$26K20xas long as short
Bybit AVGOUSDT0.0000%8h365.89−0.087%$6.7M$3.1M50xas long as short
Gate AVGO_USDT0.0000%8h366.00−0.057%$7.2M$6.4M50xas long as short
Bitget AVGOUSDT0.0000%8h366.06−0.041%$8.1M$3.9M20xas long as short
GRVT AVGO_USDT_Perp0.0000%8h365.97−0.064%$4K$201K10xas long as short
SunX AVGO-USDT0.0000%8h365.99−0.060%$633$4.5M10xas long as short
HTX AVGO-USDT0.0000%8h365.84−0.101%$116K$89K20xas long as short
Phemex AVGOUSDT0.0000%8h365.88−0.090%$1.5M$1.5M10xas long as short
QFEX AVGO-USDshort+0.0016%1h365.85−0.098%$1.2M$3.8M10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVGO+0.0032%1h365.76−0.123%10xas long as short
Vest AVGO-USD-PERP+0.0046%1h365.74−0.128%$9K25xas long as short
Polymarket Perps AVGO-USD+0.0050%1h365.62−0.161%$497K$132K10xas long as short
Ondo Perps AVGO-USD.P+0.0050%1h365.65−0.153%$325K$256K10xas long as short
KuCoin AVGOUSDTM+0.0100%8h365.91−0.082%$1.1M$61K20xas long as short
ApeX Omni AVGOUSDT+0.0100%1h365.61−0.164%$20K$142K50xas long as short
Variational Omni AVGO+0.0111%8h365.98−0.064%$425K$313Kas long as short
Binance AVGOUSDT+0.0120%8h365.96−0.068%$36.7M$58.2M20xas long as short
Extended AVGO-USD+0.0120%1h365.85−0.097%$59K$430K10xas long as short
OKX AVGO-USDT-SWAP+0.0151%8h366.11−0.027%$10.7M$15.1M20xas long as short
Nado AVGO-PERP+0.0208%1h365.86−0.095%$111K$25K10xas long as short
tradeXYZ xyz:AVGO+0.0222%1h365.99−0.060%$24.6M$14.5M10xas long as short
BloFin AVGO-USDT+0.0242%8h365.93−0.076%$547K$278K20xas long as short
Phoenix AVGOlong+0.0416%1h366.21long leg$31K$18K10x
Paragon para:AVGO+0.0422%1h365.76−0.123%$2.6M$333K10xas long as short
edgeX AVGOUSDC+0.0765%4h365.88−0.091%$37K$176K10xas long as short