Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.011%

Price spread now: QFEX against Bitget−0.036%46s7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$680.676% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.036%, 7d avg −0.040%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QCOMUSDT	194.95	0	get 0.0000% / 8h	53m 52s	$1.3M	$1.2M	20x
Short	QFEX QCOM-USD	194.88	0.0052	get 0.0007% / 1h	53m 52s	$1.2M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee BitgetbpFee QFEXbpOrdersPrice spread, now −0.036%Rate

Funding earned: $10.97
Price spread: −0.036% → −0.040%: $0.46
Slippage, 4 orders: −$45.6
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$56.17
Costs to cover: 0.676%
Break-even: 42.8 days

Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 4 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 Bitget live order book, 2 min ago	4.10 bp	18.9 bp −$19	38.7 bp −$387	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.54 bp	7.0 bp −$7	11.5 bp −$115	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	194.71	−0.124%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.83	−0.062%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.09	+0.072%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.93	−0.010%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDTlong	0.0000%	8h	194.95	long leg	$1.3M	$1.2M	20x
SunX QCOM-USDT	0.0000%	8h	194.75	−0.103%	$964	$4.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.08	+0.067%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.94	−0.005%	$1.6M	$977K	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.75	−0.103%	—	—	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.88	−0.036%	$85K	$1.4M	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-USDshort	+0.0052%	1h	194.88	−0.036%	$1.2M	$2.9M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	194.73	−0.113%	$317K	$512K	20x	as long as short
Variational Omni QCOM	+0.0104%	8h	194.82	−0.065%	$320K	$77K	—	as long as short
BloFin QCOM-USDT	+0.0152%	8h	194.97	+0.010%	$126K	$50K	20x	as long as short
Extended QCOM-USD	+0.0168%	1h	194.89	−0.029%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0171%	8h	194.90	−0.025%	$10.8M	$23.1M	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.08	+9.813%	$25K	$25K	12x	as long as short
GRVT QCOM_USDT_Perp	+0.0222%	8h	194.86	−0.046%	$7K	$220K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0250%	1h	194.93	−0.010%	$7.1M	$2.3M	10x	as long as short
Phoenix QCOM	+0.0329%	1h	194.90	−0.026%	$97K	$259K	10x	as long as short
edgeX QCOMUSDC	+0.0554%	4h	194.76	−0.098%	$81K	$265K	10x	as long as short