Funding you earn now, next payment 16:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.77 per $10,000 · paid last 24h −0.027%
Price spread now: Phemex against OKX+0.011%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.011%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.055% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AVGO-USDT-SWAP | 363.19 | 0.0077 | pay 0.0077% / 8h | 6h 09m | $10.6M | $15.4M | 20x |
| Short | Phemex AVGOUSDT | 363.23 | 0 | get 0.0000% / 8h | 6h 09m | $1.5M | $1.6M | 10x |
OKX AVGO-USDT-SWAP
Phemex AVGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- −$16.23
- Price spread: +0.011% → +0.066%
- −$5.46
- Slippage, 4 orders
- −$49.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$93.56
- Costs to cover
- 0.719%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.69 bp | 7.6 bp −$8 | 22.5 bp −$225 | 113.7 bp −$11.4K | doesn't fit |
| Sell Phemex live order book, 2 min ago | 0.69 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
AVGO on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AVGOUSDT | 0.0000% | 8h | 362.92 | −0.074% | $911K | $16K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 363.10 | −0.025% | $6.6M | $3.2M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 363.24 | +0.014% | $6.7M | $6.8M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 363.25 | +0.017% | $7.9M | $4.2M | 20x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 362.95 | −0.066% | $646 | $3.7M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 362.95 | −0.066% | $109K | $83K | 20x | as long as short |
| Phemex AVGOUSDTshort | 0.0000% | 8h | 363.23 | +0.011% | $1.5M | $1.6M | 10x | |
| Variational Omni AVGO | +0.0009% | 8h | 363.19 | +0.001% | $427K | $290K | — | as long as short |
| BloFin AVGO-USDT | +0.0012% | 8h | 363.24 | +0.014% | $549K | $323K | 20x | as long as short |
| Binance AVGOUSDT | +0.0031% | 8h | 363.22 | +0.008% | $34.3M | $64.6M | 20x | as long as short |
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
SunX AVGO-USDT
HTX AVGO-USDT
Variational Omni AVGO
BloFin AVGO-USDT
Binance AVGOUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AVGO-USD | +0.0031% | 1h | 363.11 | −0.022% | $1.2M | $4.0M | 10x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 362.69 | −0.138% | — | — | 10x | as long as short |
| Extended AVGO-USD | +0.0032% | 1h | 363.09 | −0.029% | $62K | $468K | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 362.74 | −0.124% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 363.02 | −0.047% | $494K | $131K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 362.58 | −0.168% | $276K | $319K | 10x | as long as short |
| OKX AVGO-USDT-SWAPlong | +0.0077% | 8h | 363.19 | long leg | $10.6M | $15.4M | 20x | |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 363.06 | −0.036% | $1.1M | $181K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 362.66 | −0.146% | $20K | $140K | 50x | as long as short |
| Injective AVGO/USDC PERP | +0.0220% | 1h | 361.32 | −0.515% | $2K | $2K | 12x | as long as short |
| Paragon para:AVGO | +0.0252% | 1h | 362.69 | −0.138% | $2.5M | $295K | 10x | as long as short |
| tradeXYZ xyz:AVGO | +0.0349% | 1h | 363.08 | −0.030% | $24.3M | $13.8M | 10x | as long as short |
| Phoenix AVGO | +0.0353% | 1h | 363.05 | −0.039% | $31K | $18K | 10x | as long as short |
| Nado AVGO-PERP | +0.0406% | 1h | 362.81 | −0.105% | $110K | $25K | 10x | as long as short |
| GRVT AVGO_USDT_Perp | +0.0455% | 8h | 363.21 | +0.006% | $4K | $214K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0670% | 4h | 363.12 | −0.018% | $37K | $177K | 10x | as long as short |
QFEX AVGO-USD
Lighter AVGO
Extended AVGO-USD
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
Injective AVGO/USDC PERP
Paragon para:AVGO
tradeXYZ xyz:AVGO
Phoenix AVGO
Nado AVGO-PERP
GRVT AVGO_USDT_Perp
edgeX AVGOUSDC