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

AVGO

RWAall AVGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRnext payment $0.54 per $10,000 · paid last 24h
Price spread now: Lighter against Phoenix−0.197%74s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Lighter is 0.197% cheaper against Phoenix than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AVGO365.720.0460pay 0.0058% / 1h23m 46s$31K$18K10x
ShortLighter AVGO365.000.0032get 0.0004% / 1h23m 46s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$89.94
Price spread: −0.197% → 0.000%
−$19.69
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$116.63
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell Lighter no order-book sample
Phoenix and Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVGO/USDC PERP−0.0220%1h361.94−1.034%$4K$10212xas long as short
Aster AVGOUSDT0.0000%8h365.91+0.053%$915K$29K20xas long as short
Bybit AVGOUSDT0.0000%8h365.06−0.180%$6.6M$3.5M50xas long as short
Gate AVGO_USDT0.0000%8h365.16−0.153%$8.0M$7.2M50xas long as short
SunX AVGO-USDT0.0000%8h365.08−0.175%$949$5.3M10xas long as short
HTX AVGO-USDT0.0000%8h365.71−0.003%$129K$64K20xas long as short
Phemex AVGOUSDT0.0000%8h365.40−0.087%$1.5M$1.5M10xas long as short
Lighter AVGOshort+0.0032%1h365.00−0.197%10x
Bitget AVGOUSDT+0.0044%8h365.28−0.120%$8.0M$4.0M20xas long as short
Vest AVGO-USD-PERP+0.0046%1h365.13−0.161%$9K25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AVGO-USD+0.0050%1h365.10−0.170%$497K$133K10xas long as short
Ondo Perps AVGO-USD.P+0.0050%1h364.96−0.208%$402K$311K10xas long as short
QFEX AVGO-USD+0.0058%1h365.32−0.109%$1.2M$4.3M10xas long as short
KuCoin AVGOUSDTM+0.0100%8h365.47−0.068%$1.1M$72K20xas long as short
ApeX Omni AVGOUSDT+0.0100%1h365.36−0.098%$20K$141K50xas long as short
OKX AVGO-USDT-SWAP+0.0155%8h365.23−0.134%$10.7M$16.1M20xas long as short
Variational Omni AVGO+0.0216%8h365.65−0.018%$420K$414Kas long as short
Binance AVGOUSDT+0.0220%8h365.24−0.131%$38.6M$58.9M20xas long as short
Extended AVGO-USD+0.0224%1h365.13−0.161%$61K$497K10xas long as short
GRVT AVGO_USDT_Perp+0.0298%8h365.85+0.035%$4K$224K10xas long as short
BloFin AVGO-USDT+0.0341%8h365.48−0.066%$545K$277K20xas long as short
Nado AVGO-PERP+0.0404%1h365.15−0.156%$108K$18K10xas long as short
tradeXYZ xyz:AVGO+0.0407%1h365.28−0.120%$24.7M$21.3M10xas long as short
edgeX AVGOUSDC+0.0433%4h365.88+0.044%$37K$176K10xas long as short
Phoenix AVGOlong+0.0460%1h365.72long leg$31K$18K10x
Paragon para:AVGO+0.0542%1h365.47−0.068%$2.5M$313K10xas long as short