Settings8H · net · $10k
Funding arb · Price arb /

AVGO

RWAall AVGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex+0.066%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3433.427% of the position
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)−0.134%−$13 · spread now +0.066%, 7d avg −0.065%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Phemex than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AVGOUSDT364.960get 0.0000% / 8h3h 36m$1.5M$1.5M10x
ShortKuCoin AVGOUSDTM365.200.0100get 0.0100% / 8h3h 36m$1.1M$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.066% → −0.065%
$13.1
Slippage, 4 orders
−$318.68
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$308.58
Costs to cover
3.427%
Break-even
109.9 days
Slippage from Phemex: live order book, 1 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 1 min ago1.78 bp33.1 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago13.81 bp148.5 bp −$149doesn't fitdoesn't fitdoesn't fit

AVGO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVGO/USDC PERP−0.0220%1h361.94−0.827%$4K$10212xas long as short
Aster AVGOUSDT0.0000%8h364.71−0.069%$911K$26K20xas long as short
Bybit AVGOUSDT0.0000%8h364.76−0.055%$6.7M$3.0M50xas long as short
Gate AVGO_USDT0.0000%8h364.85−0.030%$7.1M$5.9M50xas long as short
Bitget AVGOUSDT0.0000%8h365.04+0.022%$8.0M$3.9M20xas long as short
GRVT AVGO_USDT_Perp0.0000%8h365.14+0.049%$4K$198K10xas long as short
SunX AVGO-USDT0.0000%8h364.80−0.044%$700$4.3M10xas long as short
HTX AVGO-USDT0.0000%8h365.10+0.038%$116K$88K20xas long as short
Phemex AVGOUSDTlong0.0000%8h364.96long leg$1.5M$1.5M10x
Variational Omni AVGO+0.0019%8h365.33+0.101%$424K$303Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVGO+0.0032%1h364.58−0.104%10xas long as short
QFEX AVGO-USD+0.0034%1h364.76−0.055%$1.1M$3.8M10xas long as short
Binance AVGOUSDT+0.0036%8h364.85−0.030%$36.1M$58.4M20xas long as short
Extended AVGO-USD+0.0040%1h364.81−0.042%$59K$425K10xas long as short
Vest AVGO-USD-PERP+0.0046%1h364.67−0.079%$9K25xas long as short
Polymarket Perps AVGO-USD+0.0050%1h364.57−0.107%$496K$130K10xas long as short
Ondo Perps AVGO-USD.P+0.0050%1h365.42+0.126%$324K$260K10xas long as short
OKX AVGO-USDT-SWAP+0.0089%8h364.89−0.019%$10.7M$15.3M20xas long as short
KuCoin AVGOUSDTMshort+0.0100%8h365.20+0.066%$1.1M$50K20x
ApeX Omni AVGOUSDT+0.0100%1h365.10+0.038%$20K$137K50xas long as short
edgeX AVGOUSDC+0.0107%4h365.12+0.043%$37K$177K10xas long as short
BloFin AVGO-USDT+0.0146%8h364.95−0.003%$548K$275K20xas long as short
tradeXYZ xyz:AVGO+0.0183%1h364.88−0.022%$24.5M$13.8M10xas long as short
Nado AVGO-PERP+0.0299%1h364.68−0.076%$111K$25K10xas long as short
Phoenix AVGO+0.0349%1h365.80+0.230%$31K$18K10xas long as short
Paragon para:AVGO+0.0622%1h365.10+0.038%$2.6M$294K10xas long as short