Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −27.0% APRnext payment −$2.46 per $10,000 · paid last 24h −0.071%
Price spread now: Phemex against Binance+0.041%52s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 2 days (all we have)−0.016%−$2 · spread now +0.041%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVGOUSDT | 366.06 | 0.0246 | pay 0.0246% / 8h | 6h 58m | $38.7M | $57.4M | 20x |
| Short | Phemex AVGOUSDT | 366.21 | 0 | get 0.0000% / 8h | 6h 58m | $1.5M | $1.5M | 10x |
Binance AVGOUSDT
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- −$51.71
- Price spread: +0.041% → +0.026%
- $1.58
- Slippage, 4 orders
- −$56.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$128.29
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Phemex: live order book, 5 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 Binance live order book, 14 min ago | 0.14 bp | 6.5 bp −$6 | 12.5 bp −$125 | 57.4 bp −$5,736 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.28 bp | 32.1 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 | 361.69 | −1.193% | $4K | $99 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.79 | −0.074% | $914K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.95 | −0.030% | $6.7M | $3.4M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.91 | −0.041% | $8.0M | $6.5M | 50x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.83 | −0.062% | $732 | $5.1M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.99 | −0.019% | $121K | $80K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 366.21 | +0.041% | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 365.69 | −0.101% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.72 | −0.092% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.69 | −0.101% | $497K | $133K | 10x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.63 | −0.117% | $403K | $311K | 10x | as long as short |
| Bitget AVGOUSDT | +0.0056% | 8h | 366.12 | +0.017% | $8.0M | $3.9M | 20x | as long as short |
| QFEX AVGO-USD | +0.0058% | 1h | 365.92 | −0.038% | $1.2M | $4.2M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 366.10 | +0.011% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.62 | −0.120% | $20K | $140K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0171% | 8h | 366.08 | +0.006% | $10.8M | $15.5M | 20x | as long as short |
| Variational Omni AVGO | +0.0238% | 8h | 366.10 | +0.010% | $420K | $409K | — | as long as short |
| Binance AVGOUSDTlong | +0.0246% | 8h | 366.06 | long leg | $38.7M | $57.4M | 20x | |
| Extended AVGO-USD | +0.0248% | 1h | 365.95 | −0.030% | $59K | $432K | 10x | as long as short |
| BloFin AVGO-USDT | +0.0366% | 8h | 366.21 | +0.041% | $547K | $277K | 20x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0377% | 8h | 366.10 | +0.012% | $4K | $221K | 10x | as long as short |
| Nado AVGO-PERP | +0.0399% | 1h | 365.79 | −0.073% | $108K | $19K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0452% | 1h | 366.07 | +0.003% | $24.8M | $21.3M | 10x | as long as short |
| Phoenix AVGO | +0.0460% | 1h | 365.99 | −0.019% | $31K | $17K | 10x | as long as short |
| Paragon para:AVGO | +0.0607% | 1h | 366.19 | +0.036% | $2.5M | $316K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0821% | 4h | 366.00 | −0.016% | $37K | $177K | 10x | as long as short |
Ondo Perps AVGO-USD.P
Bitget AVGOUSDT
QFEX AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Extended AVGO-USD
BloFin AVGO-USDT
GRVT AVGO_USDT_Perp
Nado AVGO-PERP
tradeXYZ xyz:AVGO
Phoenix AVGO
Paragon para:AVGO
edgeX AVGOUSDC