Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Bybit against ApeX Omni+0.044%59s7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1001.002% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.044%, 7d avg −0.045%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.089% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.045%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.038% in total) that is about 16 days. The two prices were read 59 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	ApeX Omni AVGOUSDT	361.99	0.0100	pay 0.0013% / 1h	8m 33s	$20K	$139K	50x
Short	Bybit AVGOUSDT	362.15	0	get 0.0000% / 8h	8m 33s	$6.6M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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 ApeX OmnibpFee BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$21
Price spread: +0.044% → −0.045%: $8.88
Slippage, 4 orders: −$79.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$112.36
Costs to cover: 1.002%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 27 min ago; Bybit: live order book, 4 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 ApeX Omni live order book, 27 min ago	25.77 bp	36.5 bp −$37	209.3 bp −$2,093	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.66 bp	10.7 bp −$11	45.8 bp −$458	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	358.56	−0.948%	$4K	$104	12x	as long as short
Bitget AVGOUSDT	−0.0046%	8h	362.43	+0.122%	$7.9M	$4.1M	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.56	+0.157%	$906K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.10	+0.029%	$58K	$511K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.18	+0.052%	$34.5M	$62.4M	20x	as long as short
Bybit AVGOUSDTshort	0.0000%	8h	362.15	+0.044%	$6.6M	$3.2M	50x
OKX AVGO-USDT-SWAP	0.0000%	8h	362.27	+0.077%	$10.5M	$15.4M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.26	+0.075%	$6.7M	$6.2M	50x	as long as short
Variational Omni AVGO	0.0000%	8h	362.19	+0.054%	$425K	$297K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.23	+0.068%	$4K	$213K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AVGO-USDT	0.0000%	8h	362.39	+0.111%	$826	$4.1M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.26	+0.075%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	362.38	+0.108%	$1.5M	$1.6M	10x	as long as short
BloFin AVGO-USDT	+0.0001%	8h	362.29	+0.083%	$539K	$311K	20x	as long as short
Lighter AVGO	+0.0032%	1h	361.89	−0.028%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	362.15	+0.044%	$1.2M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	361.90	−0.025%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	361.96	−0.008%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.03	+0.011%	$277K	$316K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.34	+0.097%	$1.1M	$48K	20x	as long as short
ApeX Omni AVGOUSDTlong	+0.0100%	1h	361.99	long leg	$20K	$139K	50x
edgeX AVGOUSDC	+0.0213%	4h	362.16	+0.047%	$37K	$177K	10x	as long as short
Nado AVGO-PERP	+0.0290%	1h	361.98	−0.002%	$110K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0327%	1h	362.24	+0.069%	$24.3M	$14.0M	10x	as long as short
Phoenix AVGO	+0.0375%	1h	362.57	+0.160%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0382%	1h	362.32	+0.091%	$2.5M	$302K	10x	as long as short