Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0164%/8h= −17.9% APRpaid last 24h —

Price spread now: Lighter against Binance−0.055%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.055% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QCOMUSDT	195.98	0.0196	pay 0.0196% / 8h	6h 23m	$10.8M	$22.8M	20x
Short	Lighter QCOM	195.87	0.0032	get 0.0004% / 1h	23m 11s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee BinancebpFee LighterbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$34.39
Price spread: −0.055% → 0.000%: −$5.46
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$49.85
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; Lighter: 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 Binance live order book, 3 min ago	1.02 bp	10.3 bp −$10	29.3 bp −$293	114.9 bp −$11.5K	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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.

QCOM on 20 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
Aster QCOMUSDT	0.0000%	8h	196.08	+0.053%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.99	+0.007%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.85	−0.065%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.93	−0.024%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.91	−0.034%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.09	+0.058%	$6K	$193K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.89	−0.044%	$831	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.33	+0.180%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.88	−0.050%	$1.6M	$966K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	195.87	−0.055%	—	—	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0043%	1h	195.69	−0.146%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0066%	1h	196.01	+0.017%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.78	−0.101%	$319K	$533K	20x	as long as short
Variational Omni QCOM	+0.0146%	8h	196.24	+0.133%	$322K	$74K	—	as long as short
Extended QCOM-USD	+0.0192%	1h	195.94	−0.020%	$102K	$407K	10x	as long as short
Binance QCOMUSDTlong	+0.0196%	8h	195.98	long leg	$10.8M	$22.8M	20x
Injective QCOM/USDC PERP	+0.0220%	1h	214.41	+9.406%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	196.20	+0.114%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0475%	1h	195.93	−0.024%	$7.3M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0619%	4h	195.72	−0.134%	$81K	$268K	10x	as long as short