Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%

Price spread now: Phemex against Binance+0.088%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$870.874% of the position

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.088%, 7d avg +0.018%

Together, before fees−0.148%−$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.071% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QCOMUSDT	192.49	0	get 0.0000% / 8h	7h 03m	$10.8M	$24.8M	20x
Short	Phemex QCOMUSDT	192.66	0	get 0.0000% / 8h	7h 03m	$1.6M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.018%: $7.06
Slippage, 4 orders: −$65.38
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$80.32
Costs to cover: 0.874%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Phemex: live order book, 5 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, 8 min ago	1.04 bp	9.8 bp −$10	27.8 bp −$278	105.6 bp −$10.6K	doesn't fit
Sell Phemex live order book, 5 min ago	2.86 bp	26.3 bp −$26	doesn't fit	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
Bitget QCOMUSDT	−0.0041%	8h	192.53	+0.021%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.40	−0.044%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.49	0.000%	$104K	$470K	10x	as long as short
Binance QCOMUSDTlong	0.0000%	8h	192.49	long leg	$10.8M	$24.8M	20x
Bybit QCOMUSDT	0.0000%	8h	192.69	+0.104%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.57	+0.042%	$1.8M	$3.7M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	192.55	+0.030%	$308K	$120K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	192.55	+0.031%	$982	$4.2M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.62	+0.068%	$9K	$11K	20x	as long as short
Phemex QCOMUSDTshort	0.0000%	8h	192.66	+0.088%	$1.6M	$1.1M	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QCOM-USDT	+0.0010%	8h	192.53	+0.021%	$128K	$55K	20x	as long as short
Lighter QCOM	+0.0032%	1h	192.38	−0.057%	—	—	10x	as long as short
Gate QCOM_USDT	+0.0040%	8h	192.53	+0.021%	$4.4M	$3.5M	50x	as long as short
QFEX QCOM-USD	+0.0049%	1h	192.43	−0.031%	$1.2M	$3.1M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.44	−0.026%	$314K	$634K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.141%	$25K	$21K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0220%	1h	192.47	−0.010%	$79K	$682K	10x	as long as short
Phoenix QCOM	+0.0497%	1h	192.71	+0.114%	$96K	$237K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0546%	1h	192.58	+0.047%	$7.8M	$2.7M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0631%	8h	192.69	+0.105%	$6K	$163K	10x	as long as short
edgeX QCOMUSDC	+0.0649%	4h	192.65	+0.082%	$79K	$275K	10x	as long as short