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: ApeX Omni against Bybit+0.086%89s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as 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−$1011.007% of the position

Long on Bybit Short on ApeX Omni

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)+0.075%+$8 · spread now +0.086%, 7d avg +0.045%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.041% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.045%. The two prices were read 89 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	Bybit AVGOUSDT	362.52	0	get 0.0000% / 8h	32m 05s	$6.6M	$3.2M	50x
Short	ApeX Omni AVGOUSDT	362.83	0.0100	get 0.0013% / 1h	32m 05s	$20K	$138K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.086%Rate

Funding earned: $21
Price spread: +0.086% → +0.045%: $4.09
Slippage, 4 orders: −$79.72
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$75.63
Costs to cover: 1.007%
Break-even: 32.2 days

Slippage from Bybit: live order book, 1 min ago; ApeX Omni: 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 Bybit live order book, 1 min ago	1.65 bp	10.0 bp −$10	54.7 bp −$547	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 4 min ago	25.77 bp	42.8 bp −$43	212.8 bp −$2,128	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	359.19	−0.919%	$4K	$102	12x	as long as short
Bitget AVGOUSDT	−0.0030%	8h	362.71	+0.052%	$7.9M	$4.2M	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.63	+0.031%	$906K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.47	−0.013%	$60K	$513K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.59	+0.020%	$34.7M	$62.4M	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	362.52	long leg	$6.6M	$3.2M	50x
OKX AVGO-USDT-SWAP	0.0000%	8h	362.77	+0.069%	$10.5M	$15.5M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.61	+0.025%	$6.7M	$6.2M	50x	as long as short
Variational Omni AVGO	0.0000%	8h	362.69	+0.046%	$425K	$303K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.63	+0.031%	$4K	$214K	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	362.55	+0.008%	$674	$4.2M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.50	−0.006%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	362.60	+0.022%	$1.5M	$1.6M	10x	as long as short
BloFin AVGO-USDT	+0.0005%	8h	362.61	+0.025%	$539K	$311K	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.29	−0.063%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	362.50	−0.006%	$1.1M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.31	−0.058%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.20	−0.088%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.35	−0.047%	$277K	$317K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.43	−0.025%	$1.1M	$43K	20x	as long as short
ApeX Omni AVGOUSDTshort	+0.0100%	1h	362.83	+0.086%	$20K	$138K	50x
Nado AVGO-PERP	+0.0295%	1h	362.35	−0.048%	$110K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0311%	1h	362.58	+0.017%	$24.3M	$14.0M	10x	as long as short
Paragon para:AVGO	+0.0358%	1h	362.69	+0.047%	$2.5M	$310K	10x	as long as short
Phoenix AVGO	+0.0375%	1h	363.01	+0.135%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0629%	4h	362.67	+0.041%	$37K	$177K	10x	as long as short