Funding you earn now, next payment 05:00 UTC−0.0177%/8h= −19.3% APRpaid last 24h −0.065%
Price spread now: Phemex against tradeXYZ+0.063%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$830.825% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.063%, 7d avg +0.098%
=Together, before fees−0.132%+ Points / potential airdroptradeXYZ: Active · farm board−$13 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 Phemex is 0.035% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.098%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AVGO | 365.01 | 0.0177 | pay 0.0022% / 1h | 39m 36s | $24.5M | $13.8M | 10x |
| Short | Phemex AVGOUSDT | 365.24 | 0 | get 0.0000% / 8h | 3h 39m | $1.5M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.09
- Price spread: +0.063% → +0.098%
- −$3.48
- Slippage, 4 orders
- −$52.51
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$123.09
- Costs to cover
- 0.825%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Phemex: live order book, 3 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, 10 min ago | 0.55 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 0.82 bp | 29.5 bp −$29 | doesn't fit | doesn't fit | 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 | 362.94 | −0.567% | $4K | $101 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 364.96 | −0.014% | $912K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.00 | −0.003% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.09 | +0.022% | $7.1M | $5.9M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.31 | +0.082% | $8.0M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.38 | +0.101% | $4K | $198K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.18 | +0.047% | $946 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.53 | +0.142% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 365.24 | +0.063% | $1.5M | $1.5M | 10x | |
| Variational Omni AVGO | +0.0019% | 8h | 365.33 | +0.088% | $424K | $303K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 364.83 | −0.049% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0034% | 1h | 365.10 | +0.025% | $1.1M | $3.8M | 10x | as long as short |
| Binance AVGOUSDT | +0.0039% | 8h | 365.10 | +0.025% | $36.1M | $58.3M | 20x | as long as short |
| Extended AVGO-USD | +0.0040% | 1h | 365.06 | +0.015% | $59K | $425K | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.19 | +0.049% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 364.98 | −0.008% | $496K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.42 | +0.112% | $324K | $260K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0091% | 8h | 365.21 | +0.055% | $10.7M | $15.2M | 20x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.42 | +0.112% | $1.1M | $50K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.77 | +0.208% | $20K | $137K | 50x | as long as short |
| BloFin AVGO-USDT | +0.0160% | 8h | 365.40 | +0.107% | $547K | $275K | 20x | as long as short |
| tradeXYZ xyz:AVGOlong | +0.0177% | 1h | 365.01 | long leg | $24.5M | $13.8M | 10x | |
| Nado AVGO-PERP | +0.0305% | 1h | 365.10 | +0.026% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0349% | 1h | 365.80 | +0.216% | $31K | $18K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0514% | 4h | 365.35 | +0.094% | $37K | $177K | 10x | as long as short |
| Paragon para:AVGO | +0.0621% | 1h | 365.29 | +0.077% | $2.6M | $294K | 10x | as long as short |
tradeXYZ xyz:AVGO
Phemex AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Variational Omni AVGO
Lighter AVGO
Binance AVGOUSDT
Extended AVGO-USD
Polymarket Perps AVGO-USD
OKX AVGO-USDT-SWAP
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
BloFin AVGO-USDT
Phoenix AVGO
edgeX AVGOUSDC
Paragon para:AVGO