Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.055%

Price spread now: Binance against QFEX−0.028%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on QFEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.130%−$13 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.028%, 7d avg +0.046%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.075% cheaper against QFEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AVGO-USD	362.62	0.0033	pay 0.0004% / 1h	33m 20s	$1.1M	$3.9M	10x
Short	Binance AVGOUSDT	362.52	0	get 0.0000% / 8h	2h 33m	$35.1M	$60.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now −0.028%Rate

Funding earned: −$6.92
Price spread: −0.028% → +0.046%: −$7.47
Slippage, 4 orders: −$3.9
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.29
Costs to cover: 0.239%
Break-even: never at this rate

Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 9 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 QFEX live order book, 5 min ago	1.24 bp	6.2 bp −$6	7.0 bp −$70	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.14 bp	5.7 bp −$6	12.6 bp −$126	78.9 bp −$7,890	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	359.20	−0.943%	$4K	$102	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	363.26	+0.175%	$908K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.40	−0.061%	$58K	$517K	10x	as long as short
Binance AVGOUSDTshort	0.0000%	8h	362.52	−0.028%	$35.1M	$60.9M	20x
Bybit AVGOUSDT	0.0000%	8h	362.44	−0.050%	$6.6M	$3.1M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.53	−0.025%	$6.9M	$6.0M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	362.68	+0.017%	$7.9M	$4.1M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	363.12	+0.137%	$426K	$305K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	363.32	+0.194%	$4K	$209K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	362.70	+0.022%	$740	$4.3M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AVGO-USDT	0.0000%	8h	362.56	−0.017%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	362.60	−0.006%	$1.5M	$1.6M	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0009%	8h	362.51	−0.030%	$10.5M	$15.4M	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.41	−0.058%	—	—	10x	as long as short
QFEX AVGO-USDlong	+0.0033%	1h	362.62	long leg	$1.1M	$3.9M	10x
Vest AVGO-USD-PERP	+0.0046%	1h	362.55	−0.019%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.23	−0.108%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.51	−0.030%	$299K	$287K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.91	+0.080%	$1.1M	$45K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.88	+0.072%	$20K	$136K	50x	as long as short
BloFin AVGO-USDT	+0.0120%	8h	362.43	−0.052%	$542K	$276K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0182%	1h	362.61	−0.003%	$24.3M	$13.9M	10x	as long as short
Nado AVGO-PERP	+0.0198%	1h	362.51	−0.030%	$110K	$25K	10x	as long as short
Paragon para:AVGO	+0.0343%	1h	362.97	+0.097%	$2.5M	$310K	10x	as long as short
Phoenix AVGO	+0.0352%	1h	362.88	+0.072%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0589%	4h	363.05	+0.120%	$37K	$178K	10x	as long as short