Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Phemex−0.066%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$840.840% of the position

Long on Phemex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.066%, 7d avg −0.088%

Together, before fees+0.133%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.022% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	365.76	0	get 0.0000% / 8h	7h 48m	$1.5M	$1.5M	10x
Short	Bybit AVGOUSDT	365.52	0	get 0.0000% / 8h	7h 48m	$6.6M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → −0.088%: $2.24
Slippage, 4 orders: −$61
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$81.76
Costs to cover: 0.840%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; Bybit: 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 Phemex live order book, 5 min ago	0.96 bp	29.1 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.92 bp	10.8 bp −$11	56.6 bp −$566	473.1 bp −$47.3K	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	361.13	−1.266%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.94	+0.049%	$915K	$29K	20x	as long as short
Bybit AVGOUSDTshort	0.0000%	8h	365.52	−0.066%	$6.6M	$3.5M	50x
Gate AVGO_USDT	0.0000%	8h	365.50	−0.071%	$8.1M	$7.1M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.39	−0.101%	$935	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.58	−0.049%	$129K	$64K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	365.76	long leg	$1.5M	$1.5M	10x
Bitget AVGOUSDT	+0.0012%	8h	365.61	−0.041%	$8.0M	$4.0M	20x	as long as short
Lighter AVGO	+0.0032%	1h	365.31	−0.123%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.25	−0.139%	—	$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	365.47	−0.079%	$481K	$118K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.91	−0.232%	$402K	$306K	10x	as long as short
QFEX AVGO-USD	+0.0058%	1h	365.62	−0.038%	$1.2M	$4.3M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.33	−0.118%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.82	−0.257%	$20K	$140K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0141%	8h	365.80	+0.011%	$10.9M	$16.0M	20x	as long as short
Variational Omni AVGO	+0.0180%	8h	365.26	−0.137%	$419K	$417K	—	as long as short
Extended AVGO-USD	+0.0192%	1h	365.63	−0.037%	$59K	$413K	10x	as long as short
Binance AVGOUSDT	+0.0192%	8h	365.70	−0.016%	$38.8M	$58.5M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0225%	8h	365.16	−0.163%	$3K	$245K	10x	as long as short
edgeX AVGOUSDC	+0.0299%	4h	365.13	−0.173%	$37K	$176K	10x	as long as short
BloFin AVGO-USDT	+0.0311%	8h	365.41	−0.096%	$549K	$277K	20x	as long as short
Nado AVGO-PERP	+0.0411%	1h	365.19	−0.157%	$101K	$14K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0413%	1h	365.58	−0.049%	$24.8M	$21.3M	10x	as long as short
Phoenix AVGO	+0.0460%	1h	365.27	−0.134%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0495%	1h	365.52	−0.066%	$2.5M	$313K	10x	as long as short