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 +0.027%

Price spread now: OKX against Phemex+0.022%7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$760.764% of the position

Long on Phemex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.022%, 7d avg −0.068%

Together, before fees+0.135%+$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: OKX is 0.090% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	362.29	0	get 0.0000% / 8h	1h 24m	$1.5M	$1.6M	10x
Short	OKX AVGO-USDT-SWAP	362.37	0	get 0.0000% / 8h	1h 24m	$10.5M	$15.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.068%: $9.03
Slippage, 4 orders: −$54.38
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$67.35
Costs to cover: 0.764%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	4.01 bp	28.9 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.14 bp	7.3 bp −$7	20.4 bp −$204	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	358.14	−1.145%	$4K	$102	12x	as long as short
Bitget AVGOUSDT	−0.0090%	8h	362.35	+0.017%	$7.8M	$4.2M	20x	as long as short
BloFin AVGO-USDT	−0.0014%	8h	362.30	+0.003%	$537K	$311K	20x	as long as short
Aster AVGOUSDT	0.0000%	8h	362.52	+0.063%	$906K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.20	−0.025%	$61K	$515K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.30	+0.004%	$34.7M	$62.4M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	362.16	−0.036%	$6.6M	$3.2M	50x	as long as short
OKX AVGO-USDT-SWAPshort	0.0000%	8h	362.37	+0.022%	$10.5M	$15.6M	20x
Gate AVGO_USDT	0.0000%	8h	362.24	−0.014%	$6.7M	$6.2M	50x	as long as short
Variational Omni AVGO	0.0000%	8h	362.24	−0.014%	$425K	$303K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVGO_USDT_Perp	0.0000%	8h	362.26	−0.008%	$3K	$214K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	362.14	−0.041%	$934	$4.2M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	362.20	−0.025%	$109K	$101K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	362.29	long leg	$1.5M	$1.6M	10x
Lighter AVGO	+0.0032%	1h	362.04	−0.069%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0043%	1h	362.18	−0.030%	$1.1M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.07	−0.061%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.02	−0.075%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.00	−0.080%	$276K	$316K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.24	−0.014%	$1.1M	$43K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.06	−0.063%	$20K	$135K	50x	as long as short
tradeXYZ xyz:AVGO	+0.0194%	1h	362.35	+0.017%	$24.3M	$14.0M	10x	as long as short
Nado AVGO-PERP	+0.0212%	1h	362.14	−0.042%	$110K	$25K	10x	as long as short
Phoenix AVGO	+0.0375%	1h	362.21	−0.022%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0405%	1h	362.46	+0.047%	$2.5M	$310K	10x	as long as short
edgeX AVGOUSDC	+0.0566%	4h	362.13	−0.045%	$37K	$177K	10x	as long as short