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 −0.068%
Price spread now: Bitget against BloFin−0.010%45s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.853% 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 3 days (all we have)−0.031%−$3 · spread now −0.010%, 7d avg +0.016%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
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 $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
LongBloFin QCOM-USDT195.880.0255pay 0.0255% / 8h6h 48m$128K$55K20x
ShortBitget QCOMUSDT195.860get 0.0000% / 8h6h 48m$1.3M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$53.53
Price spread: −0.010% → +0.016%
−$2.59
Slippage, 4 orders
−$61.32
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$141.44
Costs to cover
0.853%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 3 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 BloFin live order book, 2 min ago1.28 bp11.1 bp −$1122.6 bp −$226doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.30 bp48.3 bp −$48doesn't fitdoesn'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
Aster QCOMUSDT0.0000%8h195.59−0.148%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.72−0.082%$2.0M$1.7M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.81−0.036%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.81−0.036%$4.5M$3.2M50xas long as short
Bitget QCOMUSDTshort0.0000%8h195.86−0.010%$1.3M$1.1M20x
GRVT QCOM_USDT_Perp0.0000%8h195.90+0.010%$6K$196K10xas long as short
SunX QCOM-USDT0.0000%8h195.81−0.036%$638$4.7M10xas long as short
HTX QCOM-USDT0.0000%8h195.94+0.031%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.82−0.031%$1.6M$961K10xas long as short
Lighter QCOM+0.0032%1h195.51−0.189%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX QCOM-USD+0.0043%1h195.73−0.077%$1.2M$2.8M10xas long as short
Polymarket Perps QCOM-USD+0.0050%1h195.76−0.061%$85K$884K10xas long as short
KuCoin QCOMUSDTM+0.0100%8h195.65−0.117%$319K$525K20xas long as short
Variational Omni QCOM+0.0189%8h195.86−0.008%$322K$74Kas long as short
Injective QCOM/USDC PERP+0.0220%1h215.33+9.930%$26K$25K12xas long as short
Binance QCOMUSDT+0.0227%8h195.75−0.066%$10.8M$22.7M20xas long as short
Extended QCOM-USD+0.0232%1h195.74−0.070%$105K$404K10xas long as short
BloFin QCOM-USDTlong+0.0255%8h195.88long leg$128K$55K20x
Phoenix QCOM+0.0326%1h195.81−0.036%$98K$239K10xas long as short
tradeXYZ xyz:QCOM+0.0492%1h195.82−0.031%$7.2M$2.2M10xas long as short
edgeX QCOMUSDC+0.0598%4h195.84−0.022%$82K$268K10xas long as short