Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.050%
Price spread now: Bybit against BloFin−0.154%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$930.925% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.154%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.131% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QCOM-USDT | 195.07 | 0.0035 | pay 0.0035% / 8h | 3h 54m | $128K | $54K | 20x |
| Short | Bybit QCOMUSDT | 194.77 | 0 | get 0.0000% / 8h | 3h 54m | $2.5M | $1.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$7.37
- Price spread: −0.154% → −0.023%
- −$13.12
- Slippage, 4 orders
- −$69.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.02
- Costs to cover
- 0.925%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Bybit: live order book, 2 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, 34 min ago | 0.76 bp | 10.2 bp −$10 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.36 bp | 29.4 bp −$29 | 106.8 bp −$1,068 | 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 | 195.00 | −0.036% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 194.77 | −0.154% | $2.5M | $1.8M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.90 | −0.087% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.95 | −0.062% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.95 | −0.062% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 195.00 | −0.038% | $317K | $78K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.19 | +0.063% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.75 | −0.164% | $798 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.10 | +0.015% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 194.87 | −0.103% | $1.6M | $991K | 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 | +0.0029% | 1h | 194.87 | −0.103% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 194.66 | −0.210% | — | — | 10x | as long as short |
| BloFin QCOM-USDTlong | +0.0035% | 8h | 195.07 | long leg | $128K | $54K | 20x | |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 194.86 | −0.108% | $83K | $894K | 10x | as long as short |
| Extended QCOM-USD | +0.0056% | 1h | 194.84 | −0.116% | $102K | $421K | 10x | as long as short |
| Binance QCOMUSDT | +0.0059% | 8h | 194.91 | −0.084% | $11.1M | $22.8M | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.85 | −0.113% | $318K | $514K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.75 | +10.089% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.58 | +0.261% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0595% | 1h | 195.05 | −0.010% | $7.5M | $2.4M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0736% | 4h | 195.21 | +0.069% | $80K | $271K | 10x | as long as short |
BloFin QCOM-USDT
Bybit QCOMUSDT
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
Extended QCOM-USD
Binance QCOMUSDT
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC