Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Phemex against Injective+0.730%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.132%+$13 on $10k
+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 +$7 a day on $10k at the current rate, and Phemex is 0.730% dearer against Injective than usual: you sell high and buy low: +$73 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment. 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 | Injective AVGO/USDC PERP | 362.94 | −0.0220 | get 0.0028% / 1h | 43m 03s | $4K | $101 | 12x |
| Short | Phemex AVGOUSDT | 365.59 | 0 | get 0.0000% / 8h | 3h 43m | $1.5M | $1.5M | 10x |
Injective AVGO/USDC PERP
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. 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
- $46.2
- Price spread: +0.730% → 0.000%
- $73.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $107.19
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 2.87 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.0220% | 1h | 362.94 | long leg | $4K | $101 | 12x | |
| Aster AVGOUSDT | 0.0000% | 8h | 365.44 | +0.689% | $913K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.59 | +0.730% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.58 | +0.727% | $7.1M | $5.9M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.85 | +0.802% | $8.0M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.55 | +0.718% | $4K | $198K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.56 | +0.722% | $775 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.71 | +0.763% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 365.59 | +0.730% | $1.5M | $1.5M | 10x | |
| Variational Omni AVGO | +0.0026% | 8h | 365.86 | +0.803% | $425K | $303K | — | as long as short |
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Variational Omni AVGOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 365.30 | +0.650% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0034% | 1h | 365.53 | +0.714% | $1.1M | $3.8M | 10x | as long as short |
| Extended AVGO-USD | +0.0040% | 1h | 365.67 | +0.753% | $59K | $425K | 10x | as long as short |
| Binance AVGOUSDT | +0.0042% | 8h | 365.79 | +0.785% | $36.2M | $58.3M | 20x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.35 | +0.664% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.29 | +0.647% | $497K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.23 | +0.631% | $325K | $260K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0096% | 8h | 365.86 | +0.805% | $10.7M | $15.2M | 20x | as long as short |
| edgeX AVGOUSDC | +0.0099% | 4h | 365.64 | +0.744% | $37K | $178K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.86 | +0.805% | $1.1M | $50K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.62 | +0.738% | $20K | $137K | 50x | as long as short |
| BloFin AVGO-USDT | +0.0162% | 8h | 365.60 | +0.733% | $547K | $275K | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0191% | 1h | 365.63 | +0.741% | $24.6M | $13.8M | 10x | as long as short |
| Nado AVGO-PERP | +0.0304% | 1h | 365.36 | +0.667% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0349% | 1h | 365.90 | +0.816% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0626% | 1h | 365.69 | +0.758% | $2.6M | $294K | 10x | as long as short |
Lighter AVGO
QFEX AVGO-USD
Extended AVGO-USD
Binance AVGOUSDT
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
OKX AVGO-USDT-SWAP
edgeX AVGOUSDC
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
Nado AVGO-PERP
Phoenix AVGO
Paragon para:AVGO