Funding you earn now, next payment 01:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.028%
Price spread now: Phoenix against Binance+0.014%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 2 days (all we have)−0.052%−$5 · spread now +0.014%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QCOMUSDT | 195.78 | 0.0227 | pay 0.0227% / 8h | 6h 48m | $10.8M | $22.7M | 20x |
| Short | Phoenix QCOM | 195.81 | 0.0326 | get 0.0041% / 1h | 48m 37s | $98K | $239K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $20.86
- Price spread: +0.014% → +0.012%
- $0.19
- Slippage, 4 orders
- −$41.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$37.34
- Costs to cover
- 0.584%
- Break-even
- 19.5 days
Slippage from Binance: live order book, 7 min ago; Phoenix: live order book, 16 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, 7 min ago | 1.28 bp | 10.9 bp −$11 | 28.7 bp −$287 | 152.0 bp −$15.2K | doesn't fit |
| Sell Phoenix live order book, 16 min ago | 6.62 bp | 19.8 bp −$20 | 43.8 bp −$438 | 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 | 195.59 | −0.099% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.72 | −0.032% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.81 | +0.014% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.81 | +0.014% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.86 | +0.040% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.90 | +0.060% | $6K | $196K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.81 | +0.014% | $638 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.94 | +0.081% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.82 | +0.019% | $1.6M | $961K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.51 | −0.139% | — | — | 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 | +0.0043% | 1h | 195.77 | −0.006% | $1.2M | $2.8M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.85 | +0.035% | $85K | $884K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.65 | −0.068% | $319K | $525K | 20x | as long as short |
| Variational Omni QCOM | +0.0189% | 8h | 195.86 | +0.042% | $322K | $74K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.984% | $26K | $25K | 12x | as long as short |
| Binance QCOMUSDTlong | +0.0227% | 8h | 195.78 | long leg | $10.8M | $22.7M | 20x | |
| Extended QCOM-USD | +0.0232% | 1h | 195.74 | −0.021% | $105K | $404K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0255% | 8h | 195.88 | +0.050% | $128K | $55K | 20x | as long as short |
| Phoenix QCOMshort | +0.0326% | 1h | 195.81 | +0.014% | $98K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0491% | 1h | 195.87 | +0.045% | $7.3M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0598% | 4h | 195.84 | +0.028% | $82K | $268K | 10x | as long as short |
Binance QCOMUSDT
Phoenix QCOM
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Extended QCOM-USD
BloFin QCOM-USDT
tradeXYZ xyz:QCOM
edgeX QCOMUSDC