Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRnext payment $1.52 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Binance−0.010%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.010%, 7d avg +0.011%
Together, before fees+0.168%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QCOMUSDT196.030.0152pay 0.0152% / 8h5h 15m$11.1M$23.4M20x
ShortGRVT QCOM_USDT_Perp196.010get 0.0000% / 8h5h 15m$6K$191K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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

Funding earned
−$31.88
Price spread: −0.010% → +0.011%
−$2.11
Slippage, 4 orders
−$26.41
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$79.4
Costs to cover
0.454%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; GRVT: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.77 bp10.5 bp −$1029.3 bp −$293129.6 bp −$13.0Kdoesn't fit
Sell GRVT live order book, 47 min ago1.53 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster QCOMUSDT0.0000%8h195.99−0.021%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.88−0.077%$2.5M$1.9M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h196.08+0.026%$1.8M$3.7M20xas long as short
Gate QCOM_USDT0.0000%8h196.09+0.031%$4.5M$3.3M50xas long as short
Bitget QCOMUSDT0.0000%8h195.96−0.036%$1.3M$1.1M20xas long as short
GRVT QCOM_USDT_Perpshort0.0000%8h196.01−0.010%$6K$191K10x
SunX QCOM-USDT0.0000%8h195.78−0.128%$566$4.6M10xas long as short
HTX QCOM-USDT0.0000%8h196.13+0.051%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h196.06+0.015%$1.6M$999K10xas long as short
Lighter QCOM+0.0032%1h195.78−0.128%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX QCOM-USD+0.0062%1h196.00−0.015%$1.2M$3.3M10xas long as short
Variational Omni QCOM+0.0093%8h195.99−0.019%$322K$75Kas long as short
KuCoin QCOMUSDTM+0.0100%8h195.87−0.082%$319K$540K20xas long as short
BloFin QCOM-USDT+0.0144%8h196.01−0.010%$129K$55K20xas long as short
Binance QCOMUSDTlong+0.0152%8h196.03long leg$11.1M$23.4M20x
Extended QCOM-USD+0.0152%1h195.98−0.026%$104K$415K10xas long as short
edgeX QCOMUSDC+0.0172%4h195.99−0.022%$81K$272K10xas long as short
Polymarket Perps QCOM-USD+0.0198%1h196.07+0.020%$83K$894K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.34+9.851%$26K$25K12xas long as short
Phoenix QCOM+0.0449%1h195.98−0.026%$98K$239K10xas long as short
tradeXYZ xyz:QCOM+0.0571%1h196.13+0.051%$7.4M$2.4M10xas long as short