Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.078%

Price spread now: OKX against Phoenix+0.030%96s7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on OKX

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—needs both histories

The price spread pays, funding is against you. OKX is 0.030% dearer against Phoenix than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 96 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	Phoenix AVGO	364.81	0.0417	pay 0.0052% / 1h	43m 46s	$31K	$18K	10x
Short	OKX AVGO-USDT-SWAP	364.92	0.0124	get 0.0124% / 8h	5h 43m	$10.7M	$15.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$61.61
Price spread: +0.030% → 0.000%: $3.02
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$75.6
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	0.69 bp	5.7 bp −$6	11.3 bp −$113	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 exchanges

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
Aster AVGOUSDT	0.0000%	8h	364.36	−0.122%	$915K	$16K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	364.51	−0.082%	$6.6M	$3.2M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	364.73	−0.022%	$6.7M	$6.7M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.81	0.000%	$8.0M	$4.3M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.24	−0.156%	$1K	$3.7M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.59	−0.060%	$99K	$104K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.69	−0.033%	$1.5M	$1.6M	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.27	−0.148%	—	—	10x	as long as short
Injective AVGO/USDC PERP	+0.0033%	1h	361.32	−0.957%	$2K	$2K	12x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	364.19	−0.170%	—	$9K	25x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	364.39	−0.115%	$496K	$131K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.04	−0.211%	$278K	$319K	10x	as long as short
QFEX AVGO-USD	+0.0066%	1h	364.38	−0.118%	$1.2M	$4.0M	10x	as long as short
Variational Omni AVGO	+0.0081%	8h	364.56	−0.067%	$429K	$290K	—	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.73	−0.022%	$1.1M	$208K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.53	−0.077%	$20K	$139K	50x	as long as short
Extended AVGO-USD	+0.0104%	1h	364.56	−0.070%	$59K	$466K	10x	as long as short
Binance AVGOUSDT	+0.0106%	8h	364.63	−0.049%	$34.4M	$65.3M	20x	as long as short
OKX AVGO-USDT-SWAPshort	+0.0124%	8h	364.92	+0.030%	$10.7M	$15.6M	20x
BloFin AVGO-USDT	+0.0228%	8h	364.45	−0.099%	$553K	$401K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0265%	1h	364.56	−0.069%	$24.4M	$13.9M	10x	as long as short
Paragon para:AVGO	+0.0300%	1h	364.21	−0.164%	$2.5M	$288K	10x	as long as short
Nado AVGO-PERP	+0.0385%	1h	364.38	−0.117%	$110K	$25K	10x	as long as short
Phoenix AVGOlong	+0.0417%	1h	364.81	long leg	$31K	$18K	10x
GRVT AVGO_USDT_Perp	+0.0509%	8h	364.70	−0.030%	$3K	$213K	10x	as long as short
edgeX AVGOUSDC	+0.0978%	4h	364.51	−0.082%	$37K	$178K	10x	as long as short