Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.016%

Price spread now: QFEX against Phemex0.000%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1021.019% of the position

Long on Phemex Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.038%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.038% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	365.61	0	get 0.0000% / 8h	7h 45m	$1.5M	$1.5M	10x
Short	QFEX AVGO-USD	365.61	0.0058	get 0.0007% / 1h	45m 29s	$1.2M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $12.26
Price spread: 0.000% → −0.038%: $3.76
Slippage, 4 orders: −$79.93
Fee Phemex: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$85.9
Costs to cover: 1.019%
Break-even: 56.0 days

Slippage from Phemex: live order book, 2 min ago; QFEX: 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, 2 min ago	7.11 bp	54.7 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.23 bp	6.2 bp −$6	7.2 bp −$72	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	361.13	−1.225%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	366.19	+0.158%	$915K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.47	−0.038%	$6.6M	$3.5M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.49	−0.033%	$8.1M	$7.1M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.32	−0.079%	$851	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.61	0.000%	$129K	$64K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	365.61	long leg	$1.5M	$1.5M	10x
Bitget AVGOUSDT	+0.0031%	8h	365.72	+0.030%	$8.0M	$4.0M	20x	as long as short
Lighter AVGO	+0.0032%	1h	365.27	−0.093%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.34	−0.074%	—	$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	365.38	−0.063%	$497K	$134K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.13	−0.131%	$403K	$308K	10x	as long as short
QFEX AVGO-USDshort	+0.0058%	1h	365.61	0.000%	$1.2M	$4.3M	10x
KuCoin AVGOUSDTM	+0.0100%	8h	365.34	−0.074%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	365.51	−0.027%	$20K	$139K	50x	as long as short
edgeX AVGOUSDC	+0.0104%	4h	365.39	−0.061%	$37K	$177K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0145%	8h	365.62	+0.003%	$10.9M	$16.0M	20x	as long as short
Variational Omni AVGO	+0.0194%	8h	365.68	+0.018%	$420K	$415K	—	as long as short
Extended AVGO-USD	+0.0200%	1h	365.56	−0.015%	$62K	$426K	10x	as long as short
Binance AVGOUSDT	+0.0202%	8h	365.63	+0.005%	$38.7M	$58.8M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0314%	8h	365.41	−0.055%	$3K	$241K	10x	as long as short
BloFin AVGO-USDT	+0.0315%	8h	365.79	+0.049%	$549K	$277K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0407%	1h	365.65	+0.011%	$24.8M	$21.3M	10x	as long as short
Nado AVGO-PERP	+0.0421%	1h	365.36	−0.067%	$101K	$14K	10x	as long as short
Phoenix AVGO	+0.0460%	1h	365.63	+0.005%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0503%	1h	365.71	+0.027%	$2.5M	$313K	10x	as long as short