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

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h −0.041%
Price spread now: Polymarket Perps against Binance+0.015%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.015%, 7d avg −0.041%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.056% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QCOMUSDT195.900.0168pay 0.0168% / 8h5h 39m$11.1M$23.4M20x
ShortPolymarket Perps QCOM-USD195.930.0254get 0.0032% / 1h39m 09s$83K$895K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$18
Price spread: +0.015% → −0.041%
$5.62
Slippage, 4 orders
−$18.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$12.76
Costs to cover
0.364%
Break-even
12.0 days
Slippage from Binance: live order book, 2 min ago; Polymarket Perps: live order book, 4 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, 2 min ago0.51 bp10.1 bp −$1030.7 bp −$307119.2 bp −$11.9Kdoesn't fit
Sell Polymarket Perps live order book, 4 min ago2.04 bp6.5 bp −$78.1 bp −$8110.5 bp −$1,055doesn'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%8h195.93+0.017%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.78−0.061%$2.5M$1.8M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.89−0.005%$1.8M$3.7M20xas long as short
Gate QCOM_USDT0.0000%8h195.88−0.010%$4.4M$3.3M50xas long as short
Bitget QCOMUSDT0.0000%8h195.88−0.010%$1.3M$1.1M20xas long as short
GRVT QCOM_USDT_Perp0.0000%8h195.82−0.041%$6K$191K10xas long as short
SunX QCOM-USDT0.0000%8h195.67−0.117%$685$4.6M10xas long as short
HTX QCOM-USDT0.0000%8h195.83−0.036%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.89−0.005%$1.6M$997K10xas long as short
Lighter QCOM+0.0032%1h195.77−0.066%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX QCOM-USD+0.0062%1h195.79−0.056%$1.2M$3.3M10xas long as short
KuCoin QCOMUSDTM+0.0100%8h195.69−0.107%$320K$546K20xas long as short
Variational Omni QCOM+0.0122%8h195.77−0.068%$321K$74Kas long as short
Binance QCOMUSDTlong+0.0168%8h195.90long leg$11.1M$23.4M20x
Extended QCOM-USD+0.0168%1h195.85−0.027%$107K$412K10xas long as short
BloFin QCOM-USDT+0.0169%8h195.87−0.015%$129K$55K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.49+10.000%$26K$25K12xas long as short
Polymarket Perps QCOM-USDshort+0.0254%1h195.93+0.015%$83K$895K10x
Phoenix QCOM+0.0449%1h195.79−0.056%$98K$239K10xas long as short
tradeXYZ xyz:QCOM+0.0581%1h195.99+0.046%$7.4M$2.3M10xas long as short
edgeX QCOMUSDC+0.0907%4h195.68−0.113%$81K$270K10xas long as short