Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.5% APRnext payment −$1.78 per $10,000 · paid last 24h −0.027%
Price spread now: Phemex against OKX−0.016%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.016%, 7d avg +0.072%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phemex is 0.088% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.072%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AVGO-USDT-SWAP | 364.99 | 0.0178 | pay 0.0178% / 8h | 6h 37m | $10.7M | $15.4M | 20x |
| Short | Phemex AVGOUSDT | 364.93 | 0 | get 0.0000% / 8h | 6h 37m | $1.5M | $1.5M | 10x |
OKX AVGO-USDT-SWAP
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- −$37.45
- Price spread: −0.016% → +0.072%
- −$8.81
- Slippage, 4 orders
- −$53.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$122.11
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago | 0.96 bp | 8.8 bp −$9 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.61 bp | 30.1 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 | −0.712% | $4K | $100 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 364.81 | −0.050% | $912K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.84 | −0.041% | $6.7M | $3.3M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.95 | −0.011% | $7.8M | $6.7M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.13 | +0.038% | $8.0M | $3.9M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.66 | −0.090% | $733 | $5.0M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.27 | +0.077% | $121K | $79K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 364.93 | −0.016% | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 364.71 | −0.077% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 364.69 | −0.082% | — | $9K | 25x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Vest AVGO-USD-PERPShow 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 | −0.079% | $496K | $133K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.60 | −0.107% | $393K | $319K | 10x | as long as short |
| QFEX AVGO-USD | +0.0061% | 1h | 364.89 | −0.027% | $1.2M | $4.1M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.39 | +0.110% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.00 | +0.003% | $20K | $141K | 50x | as long as short |
| OKX AVGO-USDT-SWAPlong | +0.0178% | 8h | 364.99 | long leg | $10.7M | $15.4M | 20x | |
| Variational Omni AVGO | +0.0237% | 8h | 365.27 | +0.078% | $420K | $415K | — | as long as short |
| Binance AVGOUSDT | +0.0238% | 8h | 364.90 | −0.025% | $38.3M | $57.8M | 20x | as long as short |
| Extended AVGO-USD | +0.0240% | 1h | 364.94 | −0.014% | $59K | $430K | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0241% | 8h | 365.08 | +0.026% | $3K | $214K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0370% | 8h | 365.99 | +0.274% | $550K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0426% | 1h | 364.79 | −0.055% | $108K | $20K | 10x | as long as short |
| Phoenix AVGO | +0.0437% | 1h | 365.20 | +0.058% | $31K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0464% | 1h | 365.09 | +0.027% | $24.7M | $21.3M | 10x | as long as short |
| Paragon para:AVGO | +0.0549% | 1h | 365.15 | +0.044% | $2.5M | $316K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0940% | 4h | 365.04 | +0.013% | $37K | $176K | 10x | as long as short |
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
QFEX AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
Variational Omni AVGO
Binance AVGOUSDT
Extended AVGO-USD
GRVT AVGO_USDT_Perp
BloFin AVGO-USDT
Nado AVGO-PERP
Phoenix AVGO
tradeXYZ xyz:AVGO
Paragon para:AVGO
edgeX AVGOUSDC