Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.043%
Price spread now: Bitget against Phemex−0.022%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.022%, 7d avg +0.014%
=Funding pays, the price is against you. Bitget is 0.036% cheaper against Phemex than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.275% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 365.63 | 0 | get 0.0000% / 8h | 7h 24m | $1.5M | $1.5M | 10x |
| Short | Bitget AVGOUSDT | 365.55 | 0.0045 | get 0.0045% / 8h | 7h 24m | $8.0M | $4.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.45
- Price spread: −0.022% → +0.014%
- −$3.56
- Slippage, 4 orders
- −$61.53
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.64
- Costs to cover
- 0.855%
- Break-even
- 66.0 days
Slippage from Phemex: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 1.09 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.96 bp | 11.6 bp −$12 | 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 | −1.009% | $4K | $102 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 366.10 | +0.127% | $915K | $29K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.30 | −0.090% | $6.6M | $3.5M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.37 | −0.071% | $8.0M | $7.2M | 50x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.20 | −0.118% | $789 | $5.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.87 | +0.066% | $129K | $64K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 365.63 | long leg | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 365.12 | −0.139% | — | — | 10x | as long as short |
| Bitget AVGOUSDTshort | +0.0045% | 8h | 365.55 | −0.022% | $8.0M | $4.0M | 20x | |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.22 | −0.112% | — | $9K | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.21 | −0.115% | $497K | $133K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.47 | −0.044% | $402K | $310K | 10x | as long as short |
| QFEX AVGO-USD | +0.0058% | 1h | 365.50 | −0.036% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.67 | +0.011% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.36 | −0.074% | $20K | $141K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0157% | 8h | 365.67 | +0.011% | $10.8M | $16.1M | 20x | as long as short |
| Variational Omni AVGO | +0.0216% | 8h | 365.65 | +0.007% | $420K | $414K | — | as long as short |
| Binance AVGOUSDT | +0.0221% | 8h | 365.52 | −0.030% | $38.6M | $58.9M | 20x | as long as short |
| Extended AVGO-USD | +0.0224% | 1h | 365.44 | −0.053% | $61K | $510K | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0298% | 8h | 365.85 | +0.059% | $4K | $224K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0341% | 8h | 365.48 | −0.041% | $545K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0404% | 1h | 365.25 | −0.105% | $108K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0413% | 1h | 365.57 | −0.016% | $24.8M | $21.4M | 10x | as long as short |
| edgeX AVGOUSDC | +0.0433% | 4h | 365.88 | +0.069% | $37K | $176K | 10x | as long as short |
| Phoenix AVGO | +0.0460% | 1h | 365.72 | +0.025% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0543% | 1h | 365.62 | −0.003% | $2.5M | $313K | 10x | as long as short |
Phemex AVGOUSDT
Bitget AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Polymarket Perps AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Binance AVGOUSDT
Extended AVGO-USD
GRVT AVGO_USDT_Perp
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
edgeX AVGOUSDC
Phoenix AVGO
Paragon para:AVGO