Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Bybit−0.077%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.077% cheaper against Bybit than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVGOUSDT	365.33	0	get 0.0000% / 8h	3h 41m	$6.7M	$3.0M	50x
Short	Lighter AVGO	365.05	0.0032	get 0.0004% / 1h	41m 31s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.077%Rate

Funding earned: $6.72
Price spread: −0.077% → 0.000%: −$7.66
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$11.94
Costs to cover: 0.110%
Break-even: 19.4 days

Slippage unknown: Bybit: live order book, 1 min ago; Lighter: no order-book sample. Net counts fees only.

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	2.32 bp	11.7 bp −$12	50.9 bp −$509	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.654%	$4K	$101	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.22	−0.030%	$913K	$26K	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	365.33	long leg	$6.7M	$3.0M	50x
Gate AVGO_USDT	0.0000%	8h	365.35	+0.005%	$7.1M	$5.9M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.76	+0.118%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.55	+0.059%	$4K	$198K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.49	+0.044%	$811	$4.3M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.71	+0.104%	$116K	$88K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	365.84	+0.140%	$1.5M	$1.5M	10x	as long as short
Variational Omni AVGO	+0.0026%	8h	365.86	+0.144%	$425K	$303K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVGOshort	+0.0032%	1h	365.05	−0.077%	—	—	10x
QFEX AVGO-USD	+0.0034%	1h	365.21	−0.033%	$1.1M	$3.8M	10x	as long as short
Extended AVGO-USD	+0.0040%	1h	365.26	−0.020%	$59K	$425K	10x	as long as short
Binance AVGOUSDT	+0.0040%	8h	365.32	−0.003%	$36.2M	$58.3M	20x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.22	−0.030%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	365.01	−0.088%	$496K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.42	+0.025%	$324K	$260K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0093%	8h	365.41	+0.022%	$10.7M	$15.2M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.65	+0.088%	$1.1M	$50K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.77	+0.120%	$20K	$137K	50x	as long as short
BloFin AVGO-USDT	+0.0162%	8h	365.60	+0.074%	$547K	$275K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0183%	1h	365.28	−0.014%	$24.5M	$13.8M	10x	as long as short
Nado AVGO-PERP	+0.0305%	1h	365.16	−0.047%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0349%	1h	365.80	+0.129%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0608%	1h	365.46	+0.036%	$2.6M	$294K	10x	as long as short
edgeX AVGOUSDC	+0.0636%	4h	365.57	+0.065%	$37K	$176K	10x	as long as short