Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.005%

Price spread now: edgeX against Phoenix−0.071%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.071% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AVGO	365.13	0.0417	pay 0.0052% / 1h	14m 17s	$31K	$18K	10x
Short	edgeX AVGOUSDC	364.87	0.0857	get 0.0429% / 4h	14m 17s	$37K	$177K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Phoenix. 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 PhoenixbpFee edgeXbpOrdersPrice spread, now −0.071%Rate

Funding earned: $92.35
Price spread: −0.071% → 0.000%: −$7.11
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $69.24
Costs to cover: 0.160%
Break-even: 1.8 days

Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 62 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
Sell edgeX live order book, 62 min ago	5.36 bp	10.1 bp −$10	13.3 bp −$133	doesn't fit	doesn't fit

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	361.26	−1.060%	$4K	$103	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.39	+0.071%	$913K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.58	−0.151%	$6.6M	$3.8M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.66	−0.129%	$8.1M	$7.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.77	−0.099%	$8.0M	$4.1M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.53	−0.164%	$656	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.82	−0.085%	$135K	$50K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.91	−0.060%	$1.5M	$1.5M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.47	−0.181%	—	—	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0039%	8h	364.90	−0.063%	$4K	$247K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.46	−0.183%	—	$9K	25x	as long as short
QFEX AVGO-USD	+0.0049%	1h	364.72	−0.112%	$1.1M	$4.4M	10x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	364.66	−0.129%	$480K	$391K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.48	−0.178%	$403K	$314K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.52	−0.167%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.45	−0.186%	$20K	$141K	50x	as long as short
OKX AVGO-USDT-SWAP	+0.0114%	8h	364.86	−0.074%	$10.9M	$16.5M	20x	as long as short
Variational Omni AVGO	+0.0179%	8h	364.99	−0.040%	$425K	$410K	—	as long as short
Binance AVGOUSDT	+0.0191%	8h	364.75	−0.104%	$38.7M	$59.8M	20x	as long as short
Extended AVGO-USD	+0.0192%	1h	364.68	−0.123%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0311%	8h	364.86	−0.074%	$553K	$277K	20x	as long as short
Nado AVGO-PERP	+0.0367%	1h	364.54	−0.160%	$101K	$14K	10x	as long as short
Phoenix AVGOlong	+0.0417%	1h	365.13	long leg	$31K	$18K	10x
tradeXYZ xyz:AVGO	+0.0454%	1h	364.77	−0.099%	$24.8M	$21.3M	10x	as long as short
Paragon para:AVGO	+0.0515%	1h	364.48	−0.178%	$2.5M	$314K	10x	as long as short
edgeX AVGOUSDCshort	+0.0857%	4h	364.87	−0.071%	$37K	$177K	10x