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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QCOM-USDT | 195.68 | 0.0316 | pay 0.0316% / 8h | 7h 38m | $128K | $55K | 20x |
| Short | Phoenix QCOM | 195.74 | 0.0327 | get 0.0041% / 1h | 38m 25s | $98K | $249K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 17 min ago | 1.28 bp | 10.6 bp −$11 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 31 min ago | 7.66 bp | 22.0 bp −$22 | 48.9 bp −$489 | 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 | 195.60 | −0.041% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.66 | −0.010% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.62 | −0.031% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.85 | +0.087% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.91 | +0.120% | $6K | $207K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.52 | −0.082% | $950 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.81 | +0.066% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.72 | +0.020% | $1.6M | $961K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.50 | −0.092% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.63 | −0.026% | $1.2M | $2.9M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps QCOM-USD | +0.0064% | 1h | 195.62 | −0.031% | $85K | $890K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.57 | −0.056% | $318K | $514K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +10.042% | $26K | $25K | 12x | as long as short |
| Bybit QCOMUSDT | +0.0233% | 8h | 195.74 | +0.031% | $2.0M | $1.7M | 25x | as long as short |
| Variational Omni QCOM | +0.0280% | 8h | 195.62 | −0.028% | $322K | $74K | — | as long as short |
| Extended QCOM-USD | +0.0312% | 1h | 195.58 | −0.052% | $107K | $402K | 10x | as long as short |
| Binance QCOMUSDT | +0.0313% | 8h | 195.66 | −0.008% | $10.8M | $22.7M | 20x | as long as short |
| BloFin QCOM-USDTlong | +0.0316% | 8h | 195.68 | long leg | $128K | $55K | 20x | |
| Phoenix QCOMshort | +0.0327% | 1h | 195.74 | +0.031% | $98K | $249K | 10x | |
| tradeXYZ xyz:QCOM | +0.0395% | 1h | 195.61 | −0.036% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0919% | 4h | 195.58 | −0.049% | $82K | $267K | 10x | as long as short |
BloFin QCOM-USDT
Phoenix QCOM
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Bybit QCOMUSDT
Variational Omni QCOM
Extended QCOM-USD
Binance QCOMUSDT
tradeXYZ xyz:QCOM
edgeX QCOMUSDC