Funding you earn now, next payment 00:00 UTC−0.0249%/8h= −27.3% APRnext payment −$2.49 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against Binance−0.006%7-day average +0.018% · 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−$53as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 2 days (all we have)+0.009%+$1 · spread now −0.006%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.025% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 per $10,000. 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 | Binance QCOMUSDT | 195.55 | 0.0249 | pay 0.0249% / 8h | 27m 31s | $10.8M | $23.0M | 20x |
| Short | Gate QCOM_USDT | 195.54 | 0 | get 0.0000% / 8h | 27m 31s | $4.4M | $3.2M | 50x |
Binance QCOMUSDT
Gate QCOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$52.39
- Price spread: −0.006% → +0.018%
- −$2.45
- Slippage, 4 orders
- −$25.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$105.37
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 6 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 Binance live order book, 14 min ago | 0.26 bp | 11.3 bp −$11 | 28.5 bp −$285 | 121.4 bp −$12.1K | doesn't fit |
| Sell Gate live order book, 6 min ago | 6.14 bp | 16.1 bp −$16 | 47.0 bp −$470 | 83.8 bp −$8,380 | doesn't fit |
QCOM on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0383% | 4h | 195.42 | −0.067% | $81K | $265K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.55 | −0.002% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.62 | +0.035% | $1.9M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.60 | +0.025% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDTshort | 0.0000% | 8h | 195.54 | −0.006% | $4.4M | $3.2M | 50x | |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.47 | −0.042% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.32 | −0.119% | $816 | $4.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.40 | −0.078% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.51 | −0.021% | $1.6M | $969K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.47 | −0.042% | — | — | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0052% | 1h | 195.53 | −0.011% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0063% | 1h | 195.52 | −0.016% | $85K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.51 | −0.021% | $318K | $516K | 20x | as long as short |
| Variational Omni QCOM | +0.0191% | 8h | 195.34 | −0.107% | $321K | $77K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.79 | +9.838% | $26K | $25K | 12x | as long as short |
| Extended QCOM-USD | +0.0248% | 1h | 195.50 | −0.026% | $105K | $268K | 10x | as long as short |
| Binance QCOMUSDTlong | +0.0249% | 8h | 195.55 | long leg | $10.8M | $23.0M | 20x | |
| BloFin QCOM-USDT | +0.0258% | 8h | 195.29 | −0.134% | $125K | $50K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0285% | 8h | 195.46 | −0.047% | $6K | $211K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0302% | 1h | 195.67 | +0.060% | $7.1M | $2.2M | 10x | as long as short |
| Phoenix QCOM | +0.0410% | 1h | 195.20 | −0.180% | $98K | $259K | 10x | as long as short |
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Extended QCOM-USD
BloFin QCOM-USDT
GRVT QCOM_USDT_Perp
tradeXYZ xyz:QCOM
Phoenix QCOM