Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h +0.057%

Price spread now: Phoenix against Bitget+0.144%59s7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Phoenix

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

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phoenix is 0.144% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). 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	Bitget AVGOUSDT	362.31	0	get 0.0000% / 8h	1h 54m	$7.9M	$4.2M	20x
Short	Phoenix AVGO	362.83	0.0352	get 0.0044% / 1h	54m 35s	$31K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Bitget. 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 BitgetbpFee PhoenixbpOrdersPrice spread, now +0.144%Rate

Funding earned: $73.87
Price spread: +0.144% → 0.000%: $14.35
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $69.22
Costs to cover: 0.190%
Break-even: 0.4 days

Slippage unknown: Bitget: live order book, 4 min ago; Phoenix: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	0.69 bp	10.1 bp −$10	25.5 bp −$255	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

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	359.22	−0.853%	$4K	$101	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	363.02	+0.196%	$907K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	362.04	−0.074%	$58K	$513K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	362.17	−0.038%	$34.9M	$61.7M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	362.16	−0.041%	$6.6M	$3.1M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	362.23	−0.022%	$6.8M	$6.0M	50x	as long as short
Bitget AVGOUSDTlong	0.0000%	8h	362.31	long leg	$7.9M	$4.2M	20x
Variational Omni AVGO	0.0000%	8h	362.21	−0.026%	$425K	$304K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.49	+0.050%	$3K	$214K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	362.51	+0.055%	$696	$4.2M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AVGO-USDT	0.0000%	8h	362.37	+0.017%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	362.42	+0.030%	$1.5M	$1.6M	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0003%	8h	362.24	−0.019%	$10.5M	$15.6M	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.00	−0.086%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0043%	1h	362.13	−0.050%	$1.1M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.09	−0.061%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	361.89	−0.116%	$492K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	361.88	−0.119%	$300K	$289K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	362.57	+0.072%	$1.1M	$43K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.48	+0.047%	$20K	$134K	50x	as long as short
BloFin AVGO-USDT	+0.0120%	8h	362.26	−0.014%	$538K	$278K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0177%	1h	362.25	−0.017%	$24.3M	$14.0M	10x	as long as short
Nado AVGO-PERP	+0.0241%	1h	362.10	−0.059%	$110K	$25K	10x	as long as short
Phoenix AVGOshort	+0.0352%	1h	362.83	+0.144%	$31K	$18K	10x
Paragon para:AVGO	+0.0510%	1h	362.49	+0.050%	$2.5M	$310K	10x	as long as short
edgeX AVGOUSDC	+0.0778%	4h	362.77	+0.127%	$37K	$178K	10x	as long as short