Funding you earn now, next payment 08:00 UTC−0.0366%/8h= −40.1% APRnext payment −$3.66 per $10,000 · paid last 24h −0.087%
Price spread now: Phemex against BloFin−0.033%59s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as 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−$770.772% of the position
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.033%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Phemex is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs. 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 | BloFin AVGO-USDT | 366.01 | 0.0366 | pay 0.0366% / 8h | 6h 56m | $546K | $277K | 20x |
| Short | Phemex AVGOUSDT | 365.89 | 0 | get 0.0000% / 8h | 6h 56m | $1.5M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- −$76.82
- Price spread: −0.033% → +0.010%
- −$4.29
- Slippage, 4 orders
- −$53.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$158.33
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Phemex: live order book, 2 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 BloFin live order book, 10 min ago | 0.41 bp | 7.0 bp −$7 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.91 bp | 31.4 bp −$31 | 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 | −1.180% | $4K | $99 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.64 | −0.101% | $914K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.72 | −0.079% | $6.7M | $3.4M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.74 | −0.074% | $7.9M | $6.5M | 50x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.56 | −0.123% | $706 | $5.1M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.71 | −0.082% | $121K | $80K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 365.89 | −0.033% | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 365.35 | −0.180% | — | — | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.51 | −0.137% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.48 | −0.145% | $497K | $133K | 10x | as long as short |
Show 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 | −0.104% | $402K | $311K | 10x | as long as short |
| Bitget AVGOUSDT | +0.0055% | 8h | 365.92 | −0.025% | $8.0M | $3.9M | 20x | as long as short |
| QFEX AVGO-USD | +0.0061% | 1h | 365.74 | −0.074% | $1.2M | $4.1M | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.89 | −0.033% | $1.1M | $72K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.77 | −0.066% | $20K | $140K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0172% | 8h | 365.91 | −0.027% | $10.8M | $15.5M | 20x | as long as short |
| Variational Omni AVGO | +0.0239% | 8h | 365.84 | −0.046% | $420K | $409K | — | as long as short |
| Binance AVGOUSDT | +0.0245% | 8h | 365.83 | −0.049% | $38.6M | $57.4M | 20x | as long as short |
| Extended AVGO-USD | +0.0248% | 1h | 365.73 | −0.076% | $59K | $432K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0342% | 4h | 366.11 | +0.026% | $37K | $178K | 10x | as long as short |
| BloFin AVGO-USDTlong | +0.0366% | 8h | 366.01 | long leg | $546K | $277K | 20x | |
| Nado AVGO-PERP | +0.0384% | 1h | 365.56 | −0.124% | $108K | $19K | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0384% | 8h | 366.16 | +0.041% | $4K | $221K | 10x | as long as short |
| Phoenix AVGO | +0.0460% | 1h | 365.97 | −0.011% | $31K | $18K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0503% | 1h | 365.88 | −0.036% | $24.8M | $21.3M | 10x | as long as short |
| Paragon para:AVGO | +0.0647% | 1h | 366.01 | 0.000% | $2.5M | $316K | 10x | as long as short |
BloFin AVGO-USDT
Phemex AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGO
Polymarket Perps AVGO-USD
Bitget AVGOUSDT
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
Variational Omni AVGO
Binance AVGOUSDT
Extended AVGO-USD
edgeX AVGOUSDC
GRVT AVGO_USDT_Perp
Phoenix AVGO
tradeXYZ xyz:AVGO
Paragon para:AVGO