Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against KuCoin+0.044%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3193.189% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.044%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVGOUSDTM | 366.19 | 0.0100 | pay 0.0100% / 8h | 4h 34m | $1.1M | $58K | 20x |
| Short | Phemex AVGOUSDT | 366.35 | 0 | get 0.0000% / 8h | 4h 34m | $1.5M | $1.5M | 10x |
KuCoin AVGOUSDTM
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- −$21
- Price spread: +0.044% → +0.065%
- −$2.11
- Slippage, 4 orders
- −$294.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$341.98
- Costs to cover
- 3.189%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Phemex: live order book, 3 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 KuCoin live order book, 5 min ago | 13.51 bp | 96.2 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.37 bp | 28.7 bp −$29 | 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 | 362.62 | −0.975% | $4K | $102 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 366.19 | +0.001% | $915K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 366.17 | −0.005% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 366.32 | +0.036% | $7.2M | $6.0M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 366.45 | +0.071% | $8.1M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 366.33 | +0.039% | $4K | $194K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 366.18 | −0.003% | $828 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 366.28 | +0.025% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 366.35 | +0.044% | $1.5M | $1.5M | 10x | |
| Lighter AVGO | +0.0032% | 1h | 366.02 | −0.046% | — | — | 10x | as long as short |
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Lighter AVGOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AVGO-USD | +0.0039% | 1h | 366.29 | +0.027% | $1.1M | $3.8M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 366.20 | +0.003% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.99 | −0.055% | $498K | $131K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 366.22 | +0.008% | $324K | $259K | 10x | as long as short |
| Variational Omni AVGO | +0.0063% | 8h | 366.38 | +0.053% | $426K | $302K | — | as long as short |
| Binance AVGOUSDT | +0.0077% | 8h | 366.26 | +0.019% | $36.6M | $58.0M | 20x | as long as short |
| Extended AVGO-USD | +0.0080% | 1h | 366.26 | +0.019% | $59K | $426K | 10x | as long as short |
| KuCoin AVGOUSDTMlong | +0.0100% | 8h | 366.19 | long leg | $1.1M | $58K | 20x | |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 366.21 | +0.005% | $20K | $140K | 50x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0129% | 8h | 366.32 | +0.036% | $10.6M | $15.0M | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0141% | 1h | 366.24 | +0.014% | $24.6M | $13.7M | 10x | as long as short |
| BloFin AVGO-USDT | +0.0197% | 8h | 366.36 | +0.046% | $545K | $275K | 20x | as long as short |
| Nado AVGO-PERP | +0.0261% | 1h | 366.23 | +0.011% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0350% | 1h | 366.43 | +0.066% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0467% | 1h | 366.54 | +0.096% | $2.6M | $318K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0803% | 4h | 366.27 | +0.022% | $37K | $177K | 10x | as long as short |
QFEX AVGO-USD
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
Variational Omni AVGO
Binance AVGOUSDT
Extended AVGO-USD
ApeX Omni AVGOUSDT
OKX AVGO-USDT-SWAP
tradeXYZ xyz:AVGO
BloFin AVGO-USDT
Nado AVGO-PERP
Phoenix AVGO
Paragon para:AVGO
edgeX AVGOUSDC