Funding you earn now, next payment 00:00 UTC−0.0410%/8h= −44.9% APRnext payment −$0.51 per $10,000 · paid last 24h −0.080%
Price spread now: Polymarket Perps against Phoenix+0.055%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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. Polymarket Perps is 0.055% dearer against Phoenix than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours. The two prices were read 59 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 | 365.27 | 0.0460 | pay 0.0058% / 1h | 47m 50s | $31K | $18K | 10x |
| Short | Polymarket Perps AVGO-USD | 365.47 | 0.0050 | get 0.0006% / 1h | 47m 50s | $481K | $118K | 10x |
Phoenix AVGO
Polymarket Perps AVGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Phoenix. 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
- −$86.16
- Price spread: +0.055% → 0.000%
- $5.48
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$95.68
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Polymarket Perps: live order book, 25 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 Polymarket Perps live order book, 25 min ago | 2.06 bp | 6.3 bp −$6 | 7.3 bp −$73 | 9.7 bp −$965 | 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 | 361.13 | −1.133% | $4K | $100 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.95 | +0.186% | $915K | $29K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.65 | +0.104% | $6.6M | $3.5M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.56 | +0.079% | $8.1M | $7.1M | 50x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.39 | +0.033% | $935 | $5.4M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.58 | +0.085% | $129K | $64K | 20x | as long as short |
| Phemex AVGOUSDT | 0.0000% | 8h | 365.76 | +0.134% | $1.5M | $1.5M | 10x | as long as short |
| Bitget AVGOUSDT | +0.0012% | 8h | 365.77 | +0.137% | $8.0M | $4.0M | 20x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 365.58 | +0.085% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.25 | −0.005% | — | $9K | 25x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
SunX AVGO-USDT
HTX AVGO-USDT
Phemex AVGOUSDT
Bitget AVGOUSDT
Lighter AVGO
Vest AVGO-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AVGO-USDshort | +0.0050% | 1h | 365.47 | +0.055% | $481K | $118K | 10x | |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 364.91 | −0.099% | $402K | $306K | 10x | as long as short |
| QFEX AVGO-USD | +0.0058% | 1h | 365.62 | +0.096% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.39 | +0.033% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 364.82 | −0.123% | $20K | $140K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0141% | 8h | 365.94 | +0.183% | $10.9M | $16.0M | 20x | as long as short |
| Variational Omni AVGO | +0.0180% | 8h | 365.26 | −0.003% | $419K | $417K | — | as long as short |
| Extended AVGO-USD | +0.0192% | 1h | 365.68 | +0.112% | $59K | $413K | 10x | as long as short |
| Binance AVGOUSDT | +0.0192% | 8h | 365.79 | +0.143% | $38.8M | $58.5M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0225% | 8h | 365.16 | −0.029% | $3K | $245K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0299% | 4h | 365.13 | −0.039% | $37K | $176K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0311% | 8h | 365.41 | +0.038% | $549K | $277K | 20x | as long as short |
| Nado AVGO-PERP | +0.0411% | 1h | 365.19 | −0.023% | $101K | $14K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0413% | 1h | 365.93 | +0.181% | $24.8M | $21.3M | 10x | as long as short |
| Phoenix AVGOlong | +0.0460% | 1h | 365.27 | long leg | $31K | $18K | 10x | |
| Paragon para:AVGO | +0.0494% | 1h | 365.76 | +0.134% | $2.5M | $313K | 10x | as long as short |
Ondo Perps AVGO-USD.P
QFEX AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Extended AVGO-USD
Binance AVGOUSDT
GRVT AVGO_USDT_Perp
edgeX AVGOUSDC
BloFin AVGO-USDT
Nado AVGO-PERP
tradeXYZ xyz:AVGO
Paragon para:AVGO