Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h −0.038%

Price spread now: Phoenix against edgeX+0.093%7-day average — · you sell dearer than you buy

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Phoenix is 0.093% dearer against edgeX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AVGOUSDC	362.90	0.0816	pay 0.0408% / 4h	2h 10m	$37K	$177K	10x
Short	Phoenix AVGO	363.24	0.0352	get 0.0044% / 1h	10m 49s	$31K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against edgeX. 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 edgeXbpFee PhoenixbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$97.59
Price spread: +0.093% → 0.000%: $9.35
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$104.25
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 36 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 edgeX live order book, 36 min ago	5.22 bp	9.9 bp −$10	13.0 bp −$130	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	359.05	−1.061%	$4K	$104	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	363.90	+0.276%	$909K	$26K	20x	as long as short
Extended AVGO-USD	0.0000%	1h	363.10	+0.054%	$58K	$511K	10x	as long as short
Binance AVGOUSDT	0.0000%	8h	363.20	+0.082%	$35.1M	$61.5M	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	363.12	+0.060%	$6.6M	$3.1M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	363.22	+0.088%	$6.9M	$6.2M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	363.27	+0.102%	$7.9M	$4.1M	20x	as long as short
Variational Omni AVGO	0.0000%	8h	363.20	+0.081%	$425K	$304K	—	as long as short
GRVT AVGO_USDT_Perp	0.0000%	8h	362.75	−0.042%	$3K	$212K	10x	as long as short
SunX AVGO-USDT	0.0000%	8h	363.53	+0.173%	$931	$4.3M	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	363.15	+0.069%	$109K	$101K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	363.36	+0.127%	$1.5M	$1.6M	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0010%	8h	363.28	+0.105%	$10.5M	$15.7M	20x	as long as short
Lighter AVGO	+0.0032%	1h	362.93	+0.008%	—	—	10x	as long as short
QFEX AVGO-USD	+0.0033%	1h	363.14	+0.066%	$1.1M	$4.0M	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	362.82	−0.022%	—	$9K	25x	as long as short
Polymarket Perps AVGO-USD	+0.0050%	1h	362.82	−0.022%	$493K	$130K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	362.70	−0.055%	$301K	$290K	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	363.06	+0.044%	$1.1M	$44K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	362.76	−0.039%	$20K	$134K	50x	as long as short
BloFin AVGO-USDT	+0.0120%	8h	363.16	+0.071%	$537K	$278K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0238%	1h	363.10	+0.055%	$24.4M	$14.0M	10x	as long as short
Nado AVGO-PERP	+0.0241%	1h	362.88	−0.005%	$110K	$25K	10x	as long as short
Phoenix AVGOshort	+0.0352%	1h	363.24	+0.093%	$31K	$18K	10x
Paragon para:AVGO	+0.0352%	1h	363.28	+0.105%	$2.5M	$310K	10x	as long as short
edgeX AVGOUSDClong	+0.0816%	4h	362.90	long leg	$37K	$177K	10x