Funding you earn now, next payment 03:00 UTC+0.0219%/8h= +24.0% APRpaid last 24h +0.065%
Price spread now: tradeXYZ against Phemex−0.049%48s7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$840.840% of the position
Funding, last 7 days+0.195%+$20 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now −0.049%, 7d avg −0.099%
=Together, before fees+0.110%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.050% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.099%. The two prices were read 48 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 | 366.35 | 0 | get 0.0000% / 8h | 5h 00m | $1.5M | $1.5M | 10x |
| Short | tradeXYZ xyz:AVGO | 366.17 | 0.0219 | get 0.0027% / 1h | 0m 25s | $24.7M | $14.5M | 10x |
Phemex AVGOUSDT
tradeXYZ xyz:AVGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.05
- Price spread: −0.049% → −0.099%
- $5.02
- Slippage, 4 orders
- −$54.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$32.94
- Costs to cover
- 0.840%
- Break-even
- 12.0 days
Slippage from Phemex: live order book, 2 min ago; tradeXYZ: live order book, 9 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 | 1.77 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.96 bp | 10.9 bp −$11 | 16.2 bp −$162 | 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 | 362.21 | −1.130% | $4K | $103 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 366.06 | −0.079% | $915K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 366.18 | −0.046% | $6.7M | $3.1M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 366.20 | −0.041% | $7.2M | $6.4M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 366.32 | −0.008% | $8.1M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.98 | −0.101% | $4K | $201K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 366.11 | −0.066% | $611 | $4.5M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.91 | −0.120% | $116K | $89K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 366.35 | long leg | $1.5M | $1.5M | 10x | |
| QFEX AVGO-USD | +0.0016% | 1h | 366.09 | −0.071% | $1.2M | $3.8M | 10x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
QFEX AVGO-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 365.97 | −0.104% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 366.00 | −0.096% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.82 | −0.145% | $497K | $132K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.91 | −0.120% | $324K | $259K | 10x | as long as short |
| Variational Omni AVGO | +0.0096% | 8h | 366.19 | −0.042% | $425K | $313K | — | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 366.09 | −0.071% | $1.1M | $59K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.82 | −0.145% | $20K | $141K | 50x | as long as short |
| Binance AVGOUSDT | +0.0110% | 8h | 366.25 | −0.027% | $36.7M | $58.1M | 20x | as long as short |
| Extended AVGO-USD | +0.0112% | 1h | 366.13 | −0.059% | $59K | $430K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0150% | 8h | 366.37 | +0.005% | $10.7M | $15.1M | 20x | as long as short |
| Nado AVGO-PERP | +0.0214% | 1h | 366.06 | −0.079% | $111K | $25K | 10x | as long as short |
| tradeXYZ xyz:AVGOshort | +0.0219% | 1h | 366.17 | −0.049% | $24.7M | $14.5M | 10x | |
| BloFin AVGO-USDT | +0.0231% | 8h | 366.09 | −0.071% | $548K | $276K | 20x | as long as short |
| Paragon para:AVGO | +0.0412% | 1h | 365.94 | −0.112% | $2.6M | $332K | 10x | as long as short |
| Phoenix AVGO | +0.0416% | 1h | 366.05 | −0.082% | $31K | $18K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0591% | 4h | 365.99 | −0.099% | $37K | $177K | 10x | as long as short |
Lighter AVGO
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
Variational Omni AVGO
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
Binance AVGOUSDT
Extended AVGO-USD
OKX AVGO-USDT-SWAP
Nado AVGO-PERP
BloFin AVGO-USDT
Paragon para:AVGO
Phoenix AVGO
edgeX AVGOUSDC