Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bybit+0.063%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$830.832% of the position

Long on Bybit Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.200%−$20 on $10k

Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.063%, 7d avg +0.088%

Together, before fees−0.154%−$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVGOUSDT	364.53	0	get 0.0000% / 8h	12m 52s	$6.6M	$3.8M	50x
Short	Phemex AVGOUSDT	364.76	0	get 0.0000% / 8h	12m 52s	$1.5M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → +0.088%: −$2.48
Slippage, 4 orders: −$60.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$85.71
Costs to cover: 0.832%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 5 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, 5 min ago	0.96 bp	9.7 bp −$10	50.5 bp −$505	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	2.74 bp	32.1 bp −$32	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	361.26	−0.897%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.33	+0.220%	$913K	$29K	20x	as long as short
Bybit AVGOUSDTlong	0.0000%	8h	364.53	long leg	$6.6M	$3.8M	50x
Gate AVGO_USDT	0.0000%	8h	364.64	+0.030%	$8.1M	$7.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.76	+0.063%	$8.0M	$4.1M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.48	−0.014%	$776	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.82	+0.080%	$135K	$50K	20x	as long as short
Phemex AVGOUSDTshort	0.0000%	8h	364.76	+0.063%	$1.5M	$1.5M	10x
Lighter AVGO	+0.0032%	1h	364.36	−0.047%	—	—	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0039%	8h	364.90	+0.101%	$4K	$247K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.43	−0.027%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0049%	1h	364.58	+0.014%	$1.1M	$4.4M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.54	+0.003%	$480K	$391K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.24	−0.080%	$403K	$314K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.49	−0.011%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.50	−0.008%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0115%	8h	364.81	+0.077%	$10.9M	$16.5M	20x	as long as short
Variational Omni AVGO	+0.0179%	8h	364.99	+0.125%	$425K	$410K	—	as long as short
edgeX AVGOUSDC	+0.0182%	4h	364.80	+0.073%	$37K	$177K	10x	as long as short
Binance AVGOUSDT	+0.0192%	8h	364.74	+0.059%	$38.7M	$59.8M	20x	as long as short
Extended AVGO-USD	+0.0192%	1h	364.66	+0.036%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0312%	8h	364.66	+0.036%	$550K	$277K	20x	as long as short
Nado AVGO-PERP	+0.0366%	1h	364.43	−0.026%	$101K	$14K	10x	as long as short
Phoenix AVGO	+0.0417%	1h	365.14	+0.167%	$31K	$18K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0449%	1h	364.69	+0.044%	$24.8M	$21.3M	10x	as long as short
Paragon para:AVGO	+0.0513%	1h	364.37	−0.044%	$2.5M	$314K	10x	as long as short