Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex−0.050%77s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as 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−$1391.386% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.050%, 7d avg −0.045%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 77 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	Phemex AVGOUSDT	362.41	0	get 0.0000% / 8h	6h 46m	$1.5M	$1.6M	10x
Short	ApeX Omni AVGOUSDT	362.23	0.0100	get 0.0013% / 1h	46m 03s	$20K	$140K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.050%Rate

Funding earned: $21
Price spread: −0.050% → −0.045%: −$0.5
Slippage, 4 orders: −$116.62
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$118.13
Costs to cover: 1.386%
Break-even: 46.4 days

Slippage from Phemex: live order book, 5 min ago; ApeX Omni: live order book, 2 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 Phemex live order book, 5 min ago	2.07 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	27.34 bp	37.7 bp −$38	208.5 bp −$2,085	doesn't fit	doesn't fit

AVGO on 26 exchanges

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
BloFin AVGO-USDT	−0.0001%	8h	362.12	−0.080%	$546K	$321K	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.84	+0.117%	$909K	$14K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	361.99	−0.116%	$62K	$467K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.09	−0.089%	$33.8M	$64.1M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	361.90	−0.141%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAP	0.0000%	8h	362.12	−0.080%	$10.5M	$15.3M	20x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.17	−0.066%	$6.6M	$6.7M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	362.17	−0.066%	$7.9M	$4.1M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	362.50	+0.023%	$424K	$284K	—	as long as short
SunX AVGO-USDT	0.0000%	8h	361.97	−0.121%	$568	$3.8M	10x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AVGO-USDT	0.0000%	8h	362.17	−0.066%	$109K	$84K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	362.41	long leg	$1.5M	$1.6M	10x
QFEX AVGO-USD	+0.0031%	1h	362.06	−0.097%	$1.1M	$4.0M	10x	as long as short
Lighter AVGO	+0.0032%	1h	361.86	−0.152%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	361.86	−0.152%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.00	−0.113%	$493K	$131K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	361.76	−0.179%	$275K	$318K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.21	−0.055%	$1.1M	$141K	20x	as long as short
ApeX Omni AVGOUSDTshort	+0.0100%	1h	362.23	−0.050%	$20K	$140K	50x
edgeX AVGOUSDC	+0.0106%	4h	362.23	−0.048%	$37K	$178K	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0110%	8h	362.26	−0.042%	$4K	$216K	10x	as long as short
Injective AVGO/USDC PERP	+0.0220%	1h	361.32	−0.301%	$2K	$2K	12x	as long as short
tradeXYZ xyz:AVGO	+0.0244%	1h	362.02	−0.108%	$24.3M	$13.8M	10x	as long as short
Nado AVGO-PERP	+0.0272%	1h	361.87	−0.150%	$110K	$25K	10x	as long as short
Phoenix AVGO	+0.0353%	1h	362.35	−0.017%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0356%	1h	361.79	−0.171%	$2.5M	$296K	10x	as long as short