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

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.5% APRnext payment +$1.97 per $10,000 · paid last 24h +0.069%
Price spread now: Binance against Bitget−0.005%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 2 days (all we have)−0.007%−$1 · spread now −0.005%, 7d avg −0.020%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QCOMUSDT195.500get 0.0000% / 8h6h 30m$1.3M$1.1M20x
ShortBinance QCOMUSDT195.490.0197get 0.0197% / 8h6h 30m$10.8M$22.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$41.29
Price spread: −0.005% → −0.020%
$1.47
Slippage, 4 orders
−$40.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$19.8
Costs to cover
0.626%
Break-even
10.4 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 11 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 Bitget live order book, 1 min ago2.30 bp21.7 bp −$2230.4 bp −$304doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.26 bp10.3 bp −$1032.1 bp −$321142.4 bp −$14.2Kdoesn't fit

QCOM on 20 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
edgeX QCOMUSDC−0.0846%4h195.00−0.258%$81K$269K10xas long as short
Aster QCOMUSDT0.0000%8h195.57+0.038%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.38−0.061%$2.0M$1.5M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.54+0.020%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.57+0.036%$4.5M$3.2M50xas long as short
Bitget QCOMUSDTlong0.0000%8h195.50long leg$1.3M$1.1M20x
GRVT QCOM_USDT_Perp0.0000%8h195.02−0.244%$6K$194K10xas long as short
SunX QCOM-USDT0.0000%8h195.43−0.036%$704$4.7M10xas long as short
HTX QCOM-USDT0.0000%8h195.13−0.189%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.55+0.026%$1.6M$962K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QCOM+0.0032%1h195.22−0.143%10xas long as short
QFEX QCOM-USD+0.0043%1h195.36−0.072%$1.2M$2.8M10xas long as short
Polymarket Perps QCOM-USD+0.0056%1h195.51+0.005%$84K$880K10xas long as short
KuCoin QCOMUSDTM+0.0100%8h195.11−0.199%$318K$530K20xas long as short
Variational Omni QCOM+0.0154%8h195.16−0.171%$321K$74Kas long as short
Binance QCOMUSDTshort+0.0197%8h195.49−0.005%$10.8M$22.7M20x
Extended QCOM-USD+0.0200%1h195.42−0.043%$102K$407K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h214.41+9.673%$25K$25K12xas long as short
Phoenix QCOM+0.0326%1h195.34−0.082%$98K$239K10xas long as short
tradeXYZ xyz:QCOM+0.0487%1h195.53+0.015%$7.3M$2.2M10xas long as short