Funding you earn now, next payment 06:00 UTC+0.0375%/8h= +41.0% APRpaid last 24h +0.101%
Price spread now: Phoenix against Bybit+0.124%105s7-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
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phoenix is 0.124% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 105 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 | Bybit AVGOUSDT | 361.85 | 0 | get 0.0000% / 8h | 1h 41m | $6.6M | $3.1M | 50x |
| Short | Phoenix AVGO | 362.30 | 0.0375 | get 0.0047% / 1h | 41m 40s | $31K | $18K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bybit. 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
- $78.67
- Price spread: +0.124% → 0.000%
- $12.44
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $73.11
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 1.24 bp | 11.0 bp −$11 | 54.4 bp −$544 | 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 | −0.727% | $4K | $101 | 12x | as long as short |
| Bitget AVGOUSDT | −0.0039% | 8h | 361.98 | +0.036% | $7.9M | $4.2M | 20x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 362.18 | +0.091% | $905K | $26K | 20x | as long as short |
| Extended AVGO-USD | 0.0000% | 1h | 361.78 | −0.019% | $58K | $509K | 10x | as long as short |
| Binance AVGOUSDT | 0.0000% | 8h | 361.86 | +0.003% | $34.8M | $62.0M | 20x | as long as short |
| Bybit AVGOUSDTlong | 0.0000% | 8h | 361.85 | long leg | $6.6M | $3.1M | 50x | |
| OKX AVGO-USDT-SWAP | 0.0000% | 8h | 361.92 | +0.019% | $10.5M | $15.6M | 20x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 361.89 | +0.011% | $6.7M | $6.2M | 50x | as long as short |
| Variational Omni AVGO | 0.0000% | 8h | 362.07 | +0.062% | $425K | $304K | — | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 362.20 | +0.097% | $3K | $214K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AVGO-USDT | 0.0000% | 8h | 361.90 | +0.014% | $622 | $4.2M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 361.99 | +0.039% | $109K | $101K | 20x | as long as short |
| Phemex AVGOUSDT | 0.0000% | 8h | 362.07 | +0.061% | $1.5M | $1.6M | 10x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 361.80 | −0.014% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0043% | 1h | 361.78 | −0.019% | $1.1M | $4.0M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 361.86 | +0.003% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 361.60 | −0.069% | $492K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 361.80 | −0.014% | $290K | $299K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 362.23 | +0.105% | $1.1M | $43K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 362.05 | +0.055% | $20K | $135K | 50x | as long as short |
| BloFin AVGO-USDT | +0.0120% | 8h | 361.94 | +0.025% | $539K | $310K | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0159% | 1h | 361.93 | +0.022% | $24.2M | $14.0M | 10x | as long as short |
| Nado AVGO-PERP | +0.0201% | 1h | 361.88 | +0.010% | $110K | $25K | 10x | as long as short |
| Phoenix AVGOshort | +0.0375% | 1h | 362.30 | +0.124% | $31K | $18K | 10x | |
| Paragon para:AVGO | +0.0420% | 1h | 362.17 | +0.088% | $2.5M | $310K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0829% | 4h | 361.93 | +0.021% | $37K | $178K | 10x | as long as short |
Bybit AVGOUSDT
Phoenix AVGO
Injective AVGO/USDC PERP
Bitget AVGOUSDT
Aster AVGOUSDT
Extended AVGO-USD
Binance AVGOUSDT
OKX AVGO-USDT-SWAP
Gate AVGO_USDT
Variational Omni AVGO
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Phemex AVGOUSDT
Lighter AVGO
Polymarket Perps AVGO-USD
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
Paragon para:AVGO
edgeX AVGOUSDC