Funding you earn now, next payment 08:00 UTC+0.0237%/8h= +26.0% APRnext payment +$2.37 per $10,000 · paid last 24h +0.071%
Price spread now: Binance against Phemex+0.022%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 2 days (all we have)−0.046%−$5 · spread now +0.022%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.047% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 364.81 | 0 | get 0.0000% / 8h | 6h 36m | $1.5M | $1.5M | 10x |
| Short | Binance AVGOUSDT | 364.89 | 0.0237 | get 0.0237% / 8h | 6h 36m | $38.3M | $57.8M | 20x |
Phemex AVGOUSDT
Binance AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $49.8
- Price spread: +0.022% → −0.025%
- $4.7
- Slippage, 4 orders
- −$50.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.51
- Costs to cover
- 0.720%
- Break-even
- 9.5 days
Slippage from Phemex: live order book, 1 min ago; Binance: live order book, 6 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, 1 min ago | 2.60 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.14 bp | 6.9 bp −$7 | 14.6 bp −$146 | 81.0 bp −$8,104 | 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 | −0.663% | $4K | $100 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 364.68 | −0.037% | $911K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 364.76 | −0.014% | $6.7M | $3.3M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 364.83 | +0.005% | $7.8M | $6.7M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.03 | +0.060% | $8.0M | $3.9M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 364.76 | −0.014% | $930 | $5.0M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.27 | +0.126% | $121K | $79K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 364.81 | long leg | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 364.67 | −0.038% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 364.69 | −0.033% | — | $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 | −0.030% | $496K | $133K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.71 | −0.027% | $392K | $320K | 10x | as long as short |
| QFEX AVGO-USD | +0.0061% | 1h | 364.89 | +0.022% | $1.2M | $4.1M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.30 | +0.134% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.00 | +0.052% | $20K | $141K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0177% | 8h | 364.96 | +0.041% | $10.7M | $15.4M | 20x | as long as short |
| Variational Omni AVGO | +0.0237% | 8h | 365.27 | +0.127% | $420K | $415K | — | as long as short |
| Binance AVGOUSDTshort | +0.0237% | 8h | 364.89 | +0.022% | $38.3M | $57.8M | 20x | |
| Extended AVGO-USD | +0.0240% | 1h | 364.80 | −0.003% | $59K | $430K | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0241% | 8h | 365.08 | +0.075% | $3K | $214K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0370% | 8h | 365.99 | +0.323% | $550K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0426% | 1h | 364.79 | −0.006% | $108K | $20K | 10x | as long as short |
| Phoenix AVGO | +0.0437% | 1h | 365.20 | +0.107% | $31K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0458% | 1h | 365.01 | +0.055% | $24.7M | $21.3M | 10x | as long as short |
| Paragon para:AVGO | +0.0552% | 1h | 365.11 | +0.082% | $2.5M | $316K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0940% | 4h | 365.04 | +0.063% | $37K | $176K | 10x | as long as short |
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
QFEX AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Extended AVGO-USD
GRVT AVGO_USDT_Perp
BloFin AVGO-USDT
Nado AVGO-PERP
Phoenix AVGO
tradeXYZ xyz:AVGO
Paragon para:AVGO
edgeX AVGOUSDC