Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Phemex against ApeX Omni−0.019%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1371.368% of the position

Long on ApeX Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.019%, 7d avg +0.041%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.060% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVGOUSDT	365.00	0.0100	pay 0.0013% / 1h	37m 26s	$20K	$141K	50x
Short	Phemex AVGOUSDT	364.93	0	get 0.0000% / 8h	6h 37m	$1.5M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$21
Price spread: −0.019% → +0.041%: −$6.03
Slippage, 4 orders: −$114.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$163.83
Costs to cover: 1.368%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 28 min ago; Phemex: live order book, just now.

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, 28 min ago	23.22 bp	44.2 bp −$44	202.3 bp −$2,023	doesn't fit	doesn't fit
Sell Phemex live order book, just now	2.60 bp	30.2 bp −$30	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	362.39	−0.715%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.79	−0.059%	$912K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.74	−0.071%	$6.7M	$3.3M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.89	−0.030%	$7.8M	$6.7M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.07	+0.019%	$8.0M	$3.9M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.76	−0.066%	$930	$5.0M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.27	+0.074%	$121K	$79K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	364.93	−0.019%	$1.5M	$1.5M	10x
Lighter AVGO	+0.0032%	1h	364.71	−0.079%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.69	−0.085%	—	$9K	25x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	364.70	−0.082%	$496K	$133K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.60	−0.110%	$393K	$319K	10x	as long as short
QFEX AVGO-USD	+0.0061%	1h	364.89	−0.030%	$1.2M	$4.1M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.35	+0.096%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDTlong	+0.0100%	1h	365.00	long leg	$20K	$141K	50x
OKX AVGO-USDT-SWAP	+0.0178%	8h	364.84	−0.044%	$10.7M	$15.4M	20x	as long as short
Variational Omni AVGO	+0.0237%	8h	365.27	+0.075%	$420K	$415K	—	as long as short
Binance AVGOUSDT	+0.0238%	8h	364.80	−0.055%	$38.3M	$57.8M	20x	as long as short
Extended AVGO-USD	+0.0240%	1h	364.94	−0.016%	$59K	$430K	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0241%	8h	365.08	+0.023%	$3K	$214K	10x	as long as short
BloFin AVGO-USDT	+0.0370%	8h	365.99	+0.271%	$550K	$277K	20x	as long as short
Nado AVGO-PERP	+0.0426%	1h	364.79	−0.058%	$108K	$20K	10x	as long as short
Phoenix AVGO	+0.0437%	1h	365.20	+0.055%	$31K	$18K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0462%	1h	364.99	−0.003%	$24.7M	$21.3M	10x	as long as short
Paragon para:AVGO	+0.0549%	1h	365.15	+0.041%	$2.5M	$316K	10x	as long as short
edgeX AVGOUSDC	+0.0940%	4h	365.04	+0.011%	$37K	$176K	10x	as long as short