Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.065%

Price spread now: Bybit against tradeXYZ−0.025%7-day average +0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on tradeXYZ Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 7 days+0.121%+$12 · spread now −0.025%, 7d avg +0.061%

Together, before fees+0.095%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.085% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.061%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AVGO	364.30	0.0180	pay 0.0022% / 1h	6m 49s	$24.4M	$13.9M	10x
Short	Bybit AVGOUSDT	364.21	0	get 0.0000% / 8h	3h 06m	$6.6M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against tradeXYZ. 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 tradeXYZbpFee BybitbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$37.74
Price spread: −0.025% → +0.061%: −$8.55
Slippage, 4 orders: −$15.15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$90.43
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Bybit: live order book, 1 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 tradeXYZ live order book, 12 min ago	0.96 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.24 bp	11.0 bp −$11	56.1 bp −$561	440.8 bp −$44.1K	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	360.96	−0.917%	$4K	$104	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.00	+0.193%	$912K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	364.27	−0.008%	$59K	$433K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	364.40	+0.027%	$35.9M	$59.2M	20x	as long as short
Bybit AVGOUSDTshort	0.0000%	8h	364.21	−0.025%	$6.6M	$3.0M	50x
Gate AVGO_USDT	0.0000%	8h	364.36	+0.016%	$7.0M	$6.0M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.54	+0.066%	$8.0M	$4.0M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	364.27	−0.008%	$427K	$307K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	364.20	−0.027%	$3K	$205K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.15	−0.041%	$652	$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	364.00	−0.082%	$112K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.33	+0.008%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.10	−0.055%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0034%	1h	364.18	−0.033%	$1.1M	$3.9M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.08	−0.060%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	363.89	−0.113%	$495K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	363.83	−0.129%	$323K	$259K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0058%	8h	364.51	+0.058%	$10.6M	$15.3M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.60	+0.082%	$1.1M	$50K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.25	−0.014%	$20K	$136K	50x	as long as short
BloFin AVGO-USDT	+0.0105%	8h	364.33	+0.008%	$543K	$277K	20x	as long as short
tradeXYZ xyz:AVGOlong	+0.0180%	1h	364.30	long leg	$24.4M	$13.9M	10x
Nado AVGO-PERP	+0.0277%	1h	364.09	−0.059%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0349%	1h	364.18	−0.033%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0431%	4h	364.14	−0.043%	$37K	$177K	10x	as long as short
Paragon para:AVGO	+0.0532%	1h	363.96	−0.093%	$2.5M	$310K	10x	as long as short