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 −0.012%

Price spread now: Gate against Phemex−0.006%49s7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$850.847% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.006%, 7d avg −0.075%

Together, before fees+0.175%+$18 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: Gate is 0.069% dearer against Phemex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 49 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	362.33	0	get 0.0000% / 8h	2m 20s	$1.5M	$1.6M	10x
Short	Gate AVGO_USDT	362.31	0	get 0.0000% / 8h	2m 20s	$6.7M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → −0.075%: $6.94
Slippage, 4 orders: −$57.68
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$77.75
Costs to cover: 0.847%
Break-even: never at this rate

Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 1 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	1.38 bp	27.0 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.97 bp	10.9 bp −$11	46.2 bp −$462	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	358.56	−1.040%	$4K	$104	12x	as long as short
Bitget AVGOUSDT	−0.0044%	8h	362.40	+0.019%	$7.9M	$4.1M	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.50	+0.048%	$906K	$12K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.19	−0.038%	$58K	$511K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.31	−0.006%	$34.5M	$62.3M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	362.16	−0.047%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAP	0.0000%	8h	362.42	+0.025%	$10.5M	$15.3M	20x	as long as short
Gate AVGO_USDTshort	0.0000%	8h	362.31	−0.006%	$6.7M	$6.2M	50x
Variational Omni AVGO	0.0000%	8h	362.25	−0.021%	$425K	$297K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.25	−0.022%	$4K	$213K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AVGO-USDT	0.0000%	8h	362.47	+0.039%	$754	$4.1M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.48	+0.041%	$109K	$101K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	362.33	long leg	$1.5M	$1.6M	10x
BloFin AVGO-USDT	+0.0020%	8h	362.32	−0.003%	$540K	$312K	20x	as long as short
Lighter AVGO	+0.0032%	1h	361.91	−0.116%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	362.28	−0.014%	$1.2M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.01	−0.088%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	361.99	−0.094%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	361.74	−0.163%	$277K	$315K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.34	+0.003%	$1.1M	$56K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	361.93	−0.110%	$20K	$139K	50x	as long as short
Nado AVGO-PERP	+0.0290%	1h	362.00	−0.091%	$110K	$25K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0330%	1h	362.26	−0.019%	$24.3M	$14.0M	10x	as long as short
Phoenix AVGO	+0.0375%	1h	362.51	+0.050%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0391%	1h	362.34	+0.003%	$2.5M	$302K	10x	as long as short
edgeX AVGOUSDC	+0.0521%	4h	362.16	−0.048%	$37K	$177K	10x	as long as short