Funding arb · Price arb /

AVGO

RWAall AVGO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h −0.016%

Price spread now: Bybit against QFEX−0.030%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on QFEX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.021%−$2 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.030%, 7d avg +0.014%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.045% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AVGO-USD	364.69	0.0049	pay 0.0006% / 1h	39m 32s	$1.1M	$4.4M	10x
Short	Bybit AVGOUSDT	364.58	0	get 0.0000% / 8h	39m 32s	$6.6M	$3.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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 QFEXbpFee BybitbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$10.35
Price spread: −0.030% → +0.014%: −$4.46
Slippage, 4 orders: −$15.84
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$51.65
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from QFEX: live order book, 4 min ago; Bybit: 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 QFEX live order book, 4 min ago	1.51 bp	6.5 bp −$7	7.8 bp −$78	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.06 bp	12.0 bp −$12	59.5 bp −$595	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	360.61	−1.119%	$4K	$100	12x	as long as short
Aster AVGOUSDT	0.0000%	8h	365.35	+0.181%	$913K	$29K	20x	as long as short
Bybit AVGOUSDTshort	0.0000%	8h	364.58	−0.030%	$6.6M	$3.8M	50x
Gate AVGO_USDT	0.0000%	8h	364.58	−0.030%	$8.1M	$7.4M	50x	as long as short
Bitget AVGOUSDT	0.0000%	8h	364.79	+0.027%	$8.0M	$4.1M	20x	as long as short
SunX AVGO-USDT	0.0000%	8h	364.52	−0.047%	$817	$5.4M	10x	as long as short
HTX AVGO-USDT	0.0000%	8h	364.68	−0.003%	$135K	$51K	20x	as long as short
Phemex AVGOUSDT	0.0000%	8h	364.85	+0.044%	$1.5M	$1.5M	10x	as long as short
GRVT AVGO_USDT_Perp	+0.0005%	8h	364.72	+0.007%	$4K	$251K	10x	as long as short
Lighter AVGO	+0.0032%	1h	364.32	−0.101%	—	—	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AVGO-USD-PERP	+0.0046%	1h	364.32	−0.101%	—	$9K	25x	as long as short
QFEX AVGO-USDlong	+0.0049%	1h	364.69	long leg	$1.1M	$4.4M	10x
Polymarket Perps AVGO-USD	+0.0050%	1h	364.50	−0.052%	$481K	$389K	10x	as long as short
Ondo Perps AVGO-USD.P	+0.0050%	1h	364.24	−0.123%	$403K	$314K	10x	as long as short
OKX AVGO-USDT-SWAP	+0.0062%	8h	364.95	+0.071%	$10.9M	$16.5M	20x	as long as short
KuCoin AVGOUSDTM	+0.0100%	8h	364.42	−0.074%	$1.1M	$72K	20x	as long as short
ApeX Omni AVGOUSDT	+0.0100%	1h	364.33	−0.099%	$20K	$142K	50x	as long as short
Variational Omni AVGO	+0.0151%	8h	364.76	+0.021%	$425K	$410K	—	as long as short
Binance AVGOUSDT	+0.0166%	8h	364.81	+0.033%	$38.6M	$59.7M	20x	as long as short
Extended AVGO-USD	+0.0168%	1h	364.69	−0.001%	$61K	$383K	10x	as long as short
BloFin AVGO-USDT	+0.0284%	8h	364.59	−0.027%	$531K	$276K	20x	as long as short
edgeX AVGOUSDC	+0.0296%	4h	364.68	−0.003%	$37K	$176K	10x	as long as short
Nado AVGO-PERP	+0.0320%	1h	364.36	−0.092%	$101K	$14K	10x	as long as short
Phoenix AVGO	+0.0417%	1h	365.10	+0.112%	$31K	$18K	10x	as long as short
tradeXYZ xyz:AVGO	+0.0522%	1h	364.91	+0.060%	$24.8M	$21.3M	10x	as long as short
Paragon para:AVGO	+0.0546%	1h	364.33	−0.099%	$2.5M	$314K	10x	as long as short