Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex−0.063%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1631.634% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.063%, 7d avg −0.040%

Together, before fees+0.198%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.023% cheaper against Phemex than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.040%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVGOUSDT	365.74	0	get 0.0000% / 8h	7h 45m	$1.5M	$1.5M	10x
Short	ApeX Omni AVGOUSDT	365.51	0.0100	get 0.0013% / 1h	45m 13s	$20K	$139K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.063%Rate

Funding earned: $21
Price spread: −0.063% → −0.040%: −$2.33
Slippage, 4 orders: −$141.39
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$144.72
Costs to cover: 1.634%
Break-even: 55.2 days

Slippage from Phemex: live order book, 3 min ago; ApeX Omni: live order book, 25 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 Phemex live order book, 3 min ago	7.11 bp	54.7 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 25 min ago	24.54 bp	35.9 bp −$36	216.5 bp −$2,165	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	361.13	−1.260%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	366.18	+0.120%	$915K	$29K	20x	as long as short
Bybit AVGOUSDT	0.0000%	8h	365.44	−0.082%	$6.6M	$3.5M	50x	as long as short
Gate AVGO_USDT	0.0000%	8h	365.46	−0.077%	$8.1M	$7.1M	50x	as long as short
SunX AVGO-USDT	0.0000%	8h	365.36	−0.104%	$895	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	365.61	−0.036%	$129K	$64K	20x	as long as short
Phemex AVGOUSDTlong	0.0000%	8h	365.74	long leg	$1.5M	$1.5M	10x
Bitget AVGOUSDT	+0.0031%	8h	365.69	−0.014%	$8.0M	$4.0M	20x	as long as short
Lighter AVGO	+0.0032%	1h	365.23	−0.139%	—	—	10x	as long as short
Vest AVGO-USD-PERP	+0.0046%	1h	365.34	−0.109%	—	$9K	25x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVGO-USD	+0.0050%	1h	365.38	−0.098%	$497K	$134K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	365.13	−0.167%	$403K	$308K	10x	as long as short
QFEX AVGO-USD	+0.0058%	1h	365.61	−0.036%	$1.2M	$4.3M	10x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	365.33	−0.112%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDTshort	+0.0100%	1h	365.51	−0.063%	$20K	$139K	50x
edgeX AVGOUSDC	+0.0104%	4h	365.39	−0.097%	$37K	$177K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0145%	8h	365.61	−0.036%	$10.8M	$16.0M	20x	as long as short
Variational Omni AVGO	+0.0194%	8h	365.68	−0.018%	$420K	$415K	—	as long as short
Extended AVGO-USD	+0.0200%	1h	365.56	−0.051%	$62K	$426K	10x	as long as short
Binance AVGOUSDT	+0.0202%	8h	365.58	−0.044%	$38.7M	$58.9M	20x	as long as short
GRVT AVGO_USDT_Perp	+0.0314%	8h	365.41	−0.090%	$3K	$241K	10x	as long as short
BloFin AVGO-USDT	+0.0322%	8h	365.60	−0.038%	$548K	$277K	20x	as long as short
tradeXYZ xyz:AVGO	+0.0406%	1h	365.58	−0.044%	$24.8M	$21.3M	10x	as long as short
Nado AVGO-PERP	+0.0421%	1h	365.36	−0.103%	$101K	$14K	10x	as long as short
Phoenix AVGO	+0.0460%	1h	365.63	−0.030%	$31K	$18K	10x	as long as short
Paragon para:AVGO	+0.0503%	1h	365.71	−0.008%	$2.5M	$313K	10x	as long as short