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 − costs—prices read too far apart to compare
costs, in and out, $10k−$850.853% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QCOM-USDT | 195.88 | 0.0255 | pay 0.0255% / 8h | 6h 48m | $128K | $55K | 20x |
| Short | Bitget QCOMUSDT | 195.86 | 0 | get 0.0000% / 8h | 6h 48m | $1.3M | $1.1M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 2 min ago | 1.28 bp | 11.1 bp −$11 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.30 bp | 48.3 bp −$48 | doesn't fit | 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 | 195.59 | −0.148% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.72 | −0.082% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.81 | −0.036% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.81 | −0.036% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDTshort | 0.0000% | 8h | 195.86 | −0.010% | $1.3M | $1.1M | 20x | |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.90 | +0.010% | $6K | $196K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.81 | −0.036% | $638 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.94 | +0.031% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.82 | −0.031% | $1.6M | $961K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.51 | −0.189% | — | — | 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-USD | +0.0043% | 1h | 195.73 | −0.077% | $1.2M | $2.8M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.76 | −0.061% | $85K | $884K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.65 | −0.117% | $319K | $525K | 20x | as long as short |
| Variational Omni QCOM | +0.0189% | 8h | 195.86 | −0.008% | $322K | $74K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.930% | $26K | $25K | 12x | as long as short |
| Binance QCOMUSDT | +0.0227% | 8h | 195.75 | −0.066% | $10.8M | $22.7M | 20x | as long as short |
| Extended QCOM-USD | +0.0232% | 1h | 195.74 | −0.070% | $105K | $404K | 10x | as long as short |
| BloFin QCOM-USDTlong | +0.0255% | 8h | 195.88 | long leg | $128K | $55K | 20x | |
| Phoenix QCOM | +0.0326% | 1h | 195.81 | −0.036% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0492% | 1h | 195.82 | −0.031% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0598% | 4h | 195.84 | −0.022% | $82K | $268K | 10x | as long as short |
BloFin QCOM-USDT
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Binance QCOMUSDT
Extended QCOM-USD
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC