Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.028%
Price spread now: Phoenix against BloFin+0.031%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.318%+$32 on $10k
Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.031%, 7d avg +0.012%
Together, before fees+0.222%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin QCOM-USDT195.680.0316pay 0.0316% / 8h7h 38m$128K$55K20x
ShortPhoenix QCOM195.740.0327get 0.0041% / 1h38m 25s$98K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$2.28
Price spread: +0.031% → +0.012%
$1.9
Slippage, 4 orders
−$47.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$62.48
Costs to cover
0.667%
Break-even
198.4 days
Slippage from BloFin: live order book, 17 min ago; Phoenix: live order book, 31 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, 17 min ago1.28 bp10.6 bp −$1120.2 bp −$202doesn't fitdoesn't fit
Sell Phoenix live order book, 31 min ago7.66 bp22.0 bp −$2248.9 bp −$489doesn'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%8h195.60−0.041%$18K$11K20xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.66−0.010%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.62−0.031%$4.5M$3.2M50xas long as short
Bitget QCOMUSDT0.0000%8h195.85+0.087%$1.3M$1.1M20xas long as short
GRVT QCOM_USDT_Perp0.0000%8h195.91+0.120%$6K$207K10xas long as short
SunX QCOM-USDT0.0000%8h195.52−0.082%$950$4.8M10xas long as short
HTX QCOM-USDT0.0000%8h195.81+0.066%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.72+0.020%$1.6M$961K10xas long as short
Lighter QCOM+0.0032%1h195.50−0.092%10xas long as short
QFEX QCOM-USD+0.0040%1h195.63−0.026%$1.2M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps QCOM-USD+0.0064%1h195.62−0.031%$85K$890K10xas long as short
KuCoin QCOMUSDTM+0.0100%8h195.57−0.056%$318K$514K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.33+10.042%$26K$25K12xas long as short
Bybit QCOMUSDT+0.0233%8h195.74+0.031%$2.0M$1.7M25xas long as short
Variational Omni QCOM+0.0280%8h195.62−0.028%$322K$74Kas long as short
Extended QCOM-USD+0.0312%1h195.58−0.052%$107K$402K10xas long as short
Binance QCOMUSDT+0.0313%8h195.66−0.008%$10.8M$22.7M20xas long as short
BloFin QCOM-USDTlong+0.0316%8h195.68long leg$128K$55K20x
Phoenix QCOMshort+0.0327%1h195.74+0.031%$98K$249K10x
tradeXYZ xyz:QCOM+0.0395%1h195.61−0.036%$7.2M$2.2M10xas long as short
edgeX QCOMUSDC+0.0919%4h195.58−0.049%$82K$267K10xas long as short