Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against Binance−0.021%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.021%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.029% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QCOMUSDT | 194.84 | 0.0055 | pay 0.0055% / 8h | 3h 53m | $11.1M | $22.8M | 20x |
| Short | OKX QCOM-USDT-SWAP | 194.80 | 0 | get 0.0000% / 8h | 3h 53m | $1.8M | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$11.52
- Price spread: −0.021% → +0.009%
- −$2.93
- Slippage, 4 orders
- −$23.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.77
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago | 1.02 bp | 8.5 bp −$8 | 30.5 bp −$305 | 119.7 bp −$12.0K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.77 bp | 14.5 bp −$14 | 32.1 bp −$321 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 194.98 | +0.070% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 194.71 | −0.067% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAPshort | 0.0000% | 8h | 194.80 | −0.021% | $1.8M | $3.7M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 194.84 | 0.000% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.84 | 0.000% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 195.00 | +0.080% | $317K | $78K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.19 | +0.181% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.73 | −0.056% | $652 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.10 | +0.133% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 194.83 | −0.005% | $1.6M | $992K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0029% | 1h | 194.74 | −0.051% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 194.59 | −0.128% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0035% | 8h | 195.07 | +0.118% | $128K | $54K | 20x | as long as short |
| Binance QCOMUSDTlong | +0.0055% | 8h | 194.84 | long leg | $11.1M | $22.8M | 20x | |
| Extended QCOM-USD | +0.0056% | 1h | 194.79 | −0.028% | $102K | $421K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0062% | 4h | 194.89 | +0.025% | $80K | $272K | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0063% | 1h | 194.84 | 0.000% | $83K | $894K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.84 | 0.000% | $317K | $514K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.75 | +10.219% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 195.58 | +0.380% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0610% | 1h | 195.00 | +0.082% | $7.5M | $2.4M | 10x | as long as short |
Binance QCOMUSDT
OKX QCOM-USDT-SWAP
Aster QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
BloFin QCOM-USDT
Extended QCOM-USD
edgeX QCOMUSDC
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM