Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.071%
Price spread now: Binance against Phemex−0.057%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$700.705% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.057%, 7d avg −0.023%
=Funding pays, the price is against you. Binance is 0.035% cheaper against Phemex than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.023%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVGOUSDT | 365.70 | 0 | get 0.0000% / 8h | 3h 44m | $1.5M | $1.5M | 10x |
| Short | Binance AVGOUSDT | 365.49 | 0.0043 | get 0.0043% / 8h | 3h 44m | $36.2M | $58.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $9.04
- Price spread: −0.057% → −0.023%
- −$3.48
- Slippage, 4 orders
- −$48.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.94
- Costs to cover
- 0.705%
- Break-even
- 57.3 days
Slippage from Phemex: live order book, 3 min ago; Binance: live order book, 13 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 | 2.87 bp | 28.5 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.14 bp | 6.2 bp −$6 | 12.0 bp −$120 | 70.0 bp −$6,998 | 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 | 362.94 | −0.755% | $4K | $101 | 12x | as long as short |
| Aster AVGOUSDT | 0.0000% | 8h | 365.47 | −0.063% | $913K | $26K | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 365.44 | −0.071% | $6.7M | $3.0M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 365.46 | −0.066% | $7.1M | $5.9M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 365.58 | −0.033% | $8.0M | $3.9M | 20x | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 365.40 | −0.083% | $3K | $197K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 365.45 | −0.068% | $994 | $4.3M | 10x | as long as short |
| HTX AVGO-USDT | 0.0000% | 8h | 365.69 | −0.003% | $116K | $88K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 365.70 | long leg | $1.5M | $1.5M | 10x | |
| Variational Omni AVGO | +0.0026% | 8h | 365.86 | +0.042% | $425K | $303K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVGO | +0.0032% | 1h | 365.25 | −0.123% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0034% | 1h | 365.38 | −0.088% | $1.1M | $3.8M | 10x | as long as short |
| Extended AVGO-USD | +0.0040% | 1h | 365.37 | −0.090% | $59K | $424K | 10x | as long as short |
| Binance AVGOUSDTshort | +0.0043% | 8h | 365.49 | −0.057% | $36.2M | $58.3M | 20x | |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 365.33 | −0.101% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 365.23 | −0.129% | $497K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 365.23 | −0.129% | $325K | $260K | 10x | as long as short |
| OKX AVGO-USDT-SWAP | +0.0097% | 8h | 365.55 | −0.041% | $10.7M | $15.2M | 20x | as long as short |
| edgeX AVGOUSDC | +0.0099% | 4h | 365.64 | −0.016% | $37K | $178K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 365.87 | +0.046% | $1.1M | $50K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 365.44 | −0.071% | $20K | $137K | 50x | as long as short |
| BloFin AVGO-USDT | +0.0164% | 8h | 365.62 | −0.022% | $547K | $275K | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0194% | 1h | 365.42 | −0.077% | $24.5M | $13.8M | 10x | as long as short |
| Nado AVGO-PERP | +0.0309% | 1h | 365.35 | −0.095% | $111K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0349% | 1h | 365.90 | +0.055% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0632% | 1h | 365.68 | −0.005% | $2.6M | $294K | 10x | as long as short |
Phemex AVGOUSDT
Binance AVGOUSDT
Injective AVGO/USDC PERP
Aster AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
GRVT AVGO_USDT_Perp
SunX AVGO-USDT
HTX AVGO-USDT
Variational Omni AVGO
Lighter AVGO
Extended AVGO-USD
Polymarket Perps AVGO-USD
OKX AVGO-USDT-SWAP
edgeX AVGOUSDC
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
Phoenix AVGO
Paragon para:AVGO