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+0.0255%/8h= +27.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.021%
Price spread now: OKX against Bitget+0.052%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.052%, 7d avg −0.018%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.069% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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 QCOMUSDT193.38−0.0255get 0.0255% / 8h41m 29s$1.3M$1.2M20x
ShortOKX QCOM-USDT-SWAP193.480get 0.0000% / 8h41m 29s$1.8M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$53.55
Price spread: +0.052% → −0.018%
$6.93
Slippage, 4 orders
−$42.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$3.67
Costs to cover
0.641%
Break-even
7.5 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago4.66 bp21.4 bp −$2135.7 bp −$357doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.52 bp13.9 bp −$1441.9 bp −$419doesn't fitdoesn'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
Bitget QCOMUSDTlong−0.0255%8h193.38long leg$1.3M$1.2M20x
Aster QCOMUSDT0.0000%8h193.23−0.079%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h193.27−0.055%$104K$477K10xas long as short
Binance QCOMUSDT0.0000%8h193.34−0.018%$10.8M$24.6M20xas long as short
Bybit QCOMUSDT0.0000%8h193.31−0.036%$1.7M$2.3M25xas long as short
OKX QCOM-USDT-SWAPshort0.0000%8h193.48+0.052%$1.8M$3.8M20x
Gate QCOM_USDT0.0000%8h193.41+0.016%$4.4M$3.5M50xas long as short
Variational Omni QCOM0.0000%8h193.13−0.131%$306K$117Kas long as short
GRVT QCOM_USDT_Perp0.0000%8h193.13−0.130%$6K$179K10xas long as short
SunX QCOM-USDT0.0000%8h193.21−0.088%$717$4.4M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QCOM-USDT0.0000%8h193.21−0.088%$9K$11K20xas long as short
Phemex QCOMUSDT0.0000%8h193.35−0.016%$1.6M$1.1M10xas long as short
BloFin QCOM-USDT+0.0004%8h193.380.000%$129K$54K20xas long as short
QFEX QCOM-USD+0.0025%1h193.32−0.031%$1.2M$3.2M10xas long as short
Lighter QCOM+0.0032%1h193.39+0.005%10xas long as short
KuCoin QCOMUSDTM+0.0100%8h193.15−0.119%$321K$572K20xas long as short
Polymarket Perps QCOM-USD+0.0147%1h193.34−0.021%$79K$847K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h212.46+9.867%$25K$25K12xas long as short
Phoenix QCOM+0.0414%1h193.53+0.078%$97K$237K10xas long as short
edgeX QCOMUSDC+0.0510%4h193.29−0.048%$80K$273K10xas long as short
tradeXYZ xyz:QCOM+0.0708%1h193.48+0.052%$7.7M$2.8M10xas long as short