Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Phemex−0.883%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.883% cheaper against Phemex than usual: you would sell low and buy high (−$88 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% 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 | Phemex AVGOUSDT | 362.42 | 0 | get 0.0000% / 8h | 1h 51m | $1.5M | $1.6M | 10x |
| Short | Injective AVGO/USDC PERP | 359.22 | −0.0220 | pay 0.0028% / 1h | 51m 04s | $4K | $101 | 12x |
Phemex AVGOUSDT
Injective AVGO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$46.2
- Price spread: −0.883% → 0.000%
- −$88.3
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$146.52
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Injective: no order-book sample. 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 Phemex live order book, 2 min ago | 1.24 bp | 26.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 PERPshort | −0.0220% | 1h | 359.22 | −0.883% | $4K | $101 | 12x | |
| Aster AVGOUSDT | 0.0000% | 8h | 362.86 | +0.120% | $907K | $26K | 20x | as long as short |
| Extended AVGO-USD | 0.0000% | 1h | 362.22 | −0.055% | $58K | $513K | 10x | as long as short |
| Binance AVGOUSDT | 0.0000% | 8h | 362.33 | −0.026% | $34.9M | $61.7M | 20x | as long as short |
| Bybit AVGOUSDT | 0.0000% | 8h | 362.30 | −0.033% | $6.6M | $3.1M | 50x | as long as short |
| Gate AVGO_USDT | 0.0000% | 8h | 362.37 | −0.014% | $6.8M | $6.1M | 50x | as long as short |
| Bitget AVGOUSDT | 0.0000% | 8h | 362.46 | +0.011% | $7.9M | $4.2M | 20x | as long as short |
| Variational Omni AVGO | 0.0000% | 8h | 362.21 | −0.057% | $425K | $304K | — | as long as short |
| GRVT AVGO_USDT_Perp | 0.0000% | 8h | 362.35 | −0.020% | $3K | $215K | 10x | as long as short |
| SunX AVGO-USDT | 0.0000% | 8h | 362.53 | +0.030% | $605 | $4.2M | 10x | as long as short |
Aster AVGOUSDT
Extended AVGO-USD
Binance AVGOUSDT
Bybit AVGOUSDT
Gate AVGO_USDT
Bitget AVGOUSDT
Variational Omni AVGO
GRVT AVGO_USDT_Perp
SunX AVGO-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AVGO-USDT | 0.0000% | 8h | 362.28 | −0.039% | $109K | $101K | 20x | as long as short |
| Phemex AVGOUSDTlong | 0.0000% | 8h | 362.42 | long leg | $1.5M | $1.6M | 10x | |
| OKX AVGO-USDT-SWAP | +0.0002% | 8h | 362.42 | 0.000% | $10.5M | $15.6M | 20x | as long as short |
| Lighter AVGO | +0.0032% | 1h | 362.12 | −0.083% | — | — | 10x | as long as short |
| QFEX AVGO-USD | +0.0043% | 1h | 362.26 | −0.044% | $1.1M | $4.0M | 10x | as long as short |
| Vest AVGO-USD-PERP | +0.0046% | 1h | 362.21 | −0.058% | — | $9K | 25x | as long as short |
| Polymarket Perps AVGO-USD | +0.0050% | 1h | 361.99 | −0.119% | $492K | $130K | 10x | as long as short |
| Ondo Perps AVGO-USD.P | +0.0050% | 1h | 362.12 | −0.083% | $299K | $289K | 10x | as long as short |
| edgeX AVGOUSDC | +0.0063% | 4h | 362.20 | −0.061% | $37K | $177K | 10x | as long as short |
| KuCoin AVGOUSDTM | +0.0100% | 8h | 362.58 | +0.044% | $1.1M | $43K | 20x | as long as short |
| ApeX Omni AVGOUSDT | +0.0100% | 1h | 362.45 | +0.008% | $20K | $134K | 50x | as long as short |
| BloFin AVGO-USDT | +0.0120% | 8h | 362.41 | −0.003% | $540K | $278K | 20x | as long as short |
| tradeXYZ xyz:AVGO | +0.0204% | 1h | 362.42 | 0.000% | $24.3M | $14.0M | 10x | as long as short |
| Nado AVGO-PERP | +0.0206% | 1h | 362.28 | −0.039% | $110K | $25K | 10x | as long as short |
| Phoenix AVGO | +0.0375% | 1h | 362.62 | +0.055% | $31K | $18K | 10x | as long as short |
| Paragon para:AVGO | +0.0499% | 1h | 362.55 | +0.036% | $2.5M | $310K | 10x | as long as short |
HTX AVGO-USDT
OKX AVGO-USDT-SWAP
Lighter AVGO
QFEX AVGO-USD
Vest AVGO-USD-PERP
Polymarket Perps AVGO-USD
Ondo Perps AVGO-USD.P
edgeX AVGOUSDC
KuCoin AVGOUSDTM
ApeX Omni AVGOUSDT
BloFin AVGO-USDT
tradeXYZ xyz:AVGO
Nado AVGO-PERP
Phoenix AVGO
Paragon para:AVGO