Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against KuCoin−0.060%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3433.427% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.060%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.125% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVGOUSDTM | 365.18 | 0.0100 | pay 0.0100% / 8h | 3h 37m | $1.1M | $50K | 20x |
| Short | Phemex AVGOUSDT | 364.96 | 0 | get 0.0000% / 8h | 3h 37m | $1.5M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.060% → +0.065%
- −$12.54
- Slippage, 4 orders
- −$318.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$376.22
- Costs to cover
- 3.427%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Phemex: live order book, 1 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 KuCoin live order book, 3 min ago | 13.81 bp | 131.4 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.78 bp | 29.7 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 | 361.94 | −0.887% | $4K | $102 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 364.71 | −0.130% | $911K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.76 | −0.115% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.83 | −0.096% | $7.1M | $5.9M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.00 | −0.049% | $8.0M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.14 | −0.011% | $4K | $198K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.80 | −0.104% | $700 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.10 | −0.022% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 364.96 | −0.060% | $1.5M | $1.5M | 10x | |
| Variational Omni AVGO | +0.0019% | 8h | 365.33 | +0.041% | $424K | $303K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 364.58 | −0.164% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0034% | 1h | 364.76 | −0.115% | $1.1M | $3.8M | 10x | as long as short |
| Binance AVGOUSDT | +0.0036% | 8h | 364.90 | −0.076% | $36.1M | $58.4M | 20x | as long as short |
| Extended AVGO-USD | +0.0040% | 1h | 364.81 | −0.102% | $59K | $425K | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 364.67 | −0.140% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 364.57 | −0.167% | $496K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.42 | +0.066% | $324K | $260K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0089% | 8h | 364.97 | −0.058% | $10.7M | $15.2M | 20x | as long as short |
| KuCoin AVGOUSDTMlong | +0.0100% | 8h | 365.18 | long leg | $1.1M | $50K | 20x | |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.10 | −0.022% | $20K | $137K | 50x | as long as short |
| edgeX AVGOUSDC | +0.0107% | 4h | 365.12 | −0.018% | $37K | $177K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0146% | 8h | 364.95 | −0.063% | $548K | $275K | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0182% | 1h | 364.89 | −0.079% | $24.5M | $13.8M | 10x | as long as short |
| Nado AVGO-PERP | +0.0299% | 1h | 364.68 | −0.136% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0349% | 1h | 365.80 | +0.170% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0622% | 1h | 365.10 | −0.022% | $2.6M | $294K | 10x | as long as short |
KuCoin AVGOUSDTM
Phemex AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Variational Omni AVGO
Lighter AVGO
Binance AVGOUSDT
Extended AVGO-USD
Polymarket Perps AVGO-USD
OKX AVGO-USDT-SWAP
ApeX Omni AVGOUSDT
edgeX AVGOUSDC
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
Phoenix AVGO
Paragon para:AVGO