Funding you earn now, next payment 03:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.065%
Price spread now: Phemex against tradeXYZ+0.038%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
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)+0.096%+$10 · spread now +0.038%, 7d avg +0.099%
=Together, before fees−0.099%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Phemex is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.099%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AVGO | 366.17 | 0.0219 | pay 0.0027% / 1h | 0m 11s | $24.7M | $14.5M | 10x |
| Short | Phemex AVGOUSDT | 366.31 | 0 | get 0.0000% / 8h | 5h 00m | $1.5M | $1.5M | 10x |
tradeXYZ xyz:AVGO
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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: +0.038% → +0.099%
- −$6.11
- Slippage, 4 orders
- −$54.01
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$136.17
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Phemex: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.96 bp | 11.0 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.77 bp | 32.0 bp −$32 | doesn't fit | 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 | −1.081% | $4K | $103 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 366.05 | −0.032% | $915K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 366.09 | −0.022% | $6.7M | $3.1M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 366.20 | +0.008% | $7.2M | $6.4M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 366.32 | +0.041% | $8.1M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.98 | −0.052% | $4K | $201K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 366.20 | +0.008% | $655 | $4.5M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.97 | −0.055% | $116K | $89K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 366.31 | +0.038% | $1.5M | $1.5M | 10x | |
| QFEX AVGO-USD | +0.0016% | 1h | 366.09 | −0.022% | $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 | 365.94 | −0.063% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 366.00 | −0.046% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.82 | −0.096% | $497K | $132K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.91 | −0.071% | $324K | $259K | 10x | as long as short |
| Variational Omni AVGO | +0.0096% | 8h | 366.19 | +0.007% | $425K | $313K | — | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 366.08 | −0.025% | $1.1M | $59K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.82 | −0.096% | $20K | $141K | 50x | as long as short |
| Binance AVGOUSDT | +0.0110% | 8h | 366.24 | +0.019% | $36.7M | $58.1M | 20x | as long as short |
| Extended AVGO-USD | +0.0112% | 1h | 366.15 | −0.007% | $59K | $430K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0150% | 8h | 366.25 | +0.022% | $10.7M | $15.1M | 20x | as long as short |
| Nado AVGO-PERP | +0.0214% | 1h | 366.06 | −0.030% | $111K | $25K | 10x | as long as short |
| tradeXYZ xyz:AVGOlong | +0.0219% | 1h | 366.17 | long leg | $24.7M | $14.5M | 10x | |
| BloFin AVGO-USDT | +0.0231% | 8h | 366.09 | −0.022% | $548K | $276K | 20x | as long as short |
| Paragon para:AVGO | +0.0412% | 1h | 365.94 | −0.063% | $2.6M | $332K | 10x | as long as short |
| Phoenix AVGO | +0.0416% | 1h | 366.05 | −0.033% | $31K | $18K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0591% | 4h | 365.99 | −0.050% | $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