Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0538%/8h= −58.9% APRpaid last 24h −0.103%

Price spread now: OKX against Paragon−0.060%54s7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as 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−$670.670% of the position

Long on Paragon Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.618%−$62 on $10k

Price spread, last 7 days+0.308%+$31 · spread now −0.060%, 7d avg +0.069%

Together, before fees−0.310%−$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and OKX is 0.130% cheaper against Paragon than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.069%). Swap the legs. The two prices were read 54 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	Paragon para:AVGO	365.18	0.0628	pay 0.0078% / 1h	37m 51s	$2.6M	$294K	10x
Short	OKX AVGO-USDT-SWAP	364.96	0.0089	get 0.0089% / 8h	3h 37m	$10.6M	$15.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Paragon. 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 ParagonbpFee OKXbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$113.05
Price spread: −0.060% → +0.069%: −$12.96
Slippage, 4 orders: −$46.98
Fee Paragon: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$192.99
Costs to cover: 0.670%
Break-even: never at this rate

Slippage from Paragon: live order book, 9 min ago; OKX: live order book, just now.

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 Paragon live order book, 9 min ago	14.63 bp	19.7 bp −$20	58.5 bp −$585	doesn't fit	doesn't fit
Sell OKX live order book, just now	0.14 bp	8.9 bp −$9	24.9 bp −$249	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	362.94	−0.613%	$4K	$101	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	364.74	−0.120%	$912K	$26K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.73	−0.123%	$6.7M	$3.0M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.78	−0.110%	$7.1M	$5.9M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	365.04	−0.038%	$8.0M	$3.9M	20x	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	365.38	+0.055%	$4K	$198K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.76	−0.115%	$828	$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 AVGOUSDT	0.0000%	8h	364.97	−0.058%	$1.5M	$1.5M	10x	as long as short
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	364.69	−0.134%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0034%	1h	364.83	−0.096%	$1.1M	$3.8M	10x	as long as short
Binance AVGOUSDT	+0.0037%	8h	364.79	−0.107%	$36.1M	$58.4M	20x	as long as short
Extended AVGO-USD	+0.0040%	1h	364.71	−0.129%	$59K	$425K	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.77	−0.112%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.67	−0.140%	$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-SWAPshort	+0.0089%	8h	364.96	−0.060%	$10.6M	$15.2M	20x
KuCoin AVGOUSDTM	+0.0100%	8h	365.18	0.000%	$1.1M	$50K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.77	+0.162%	$20K	$137K	50x	as long as short
BloFin AVGO-USDT	+0.0155%	8h	365.08	−0.027%	$546K	$275K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0178%	1h	364.89	−0.079%	$24.5M	$13.8M	10x	as long as short
Nado AVGO-PERP	+0.0302%	1h	364.79	−0.106%	$111K	$25K	10x	as long as short
Phoenix AVGO	+0.0349%	1h	365.80	+0.170%	$31K	$18K	10x	as long as short
edgeX AVGOUSDC	+0.0514%	4h	365.35	+0.048%	$37K	$177K	10x	as long as short
Paragon para:AVGOlong	+0.0628%	1h	365.18	long leg	$2.6M	$294K	10x