Funding you earn now, next payment 12:00 UTC−0.0283%/8h= −30.9% APRpaid last 24h −0.026%
Price spread now: QFEX against BloFin−0.068%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 4 days (all we have)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.068%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and QFEX is 0.038% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.060% in total (about -5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QCOM-USDT | 192.39 | 0.0314 | pay 0.0314% / 8h | 4h 08m | $134K | $56K | 20x |
| Short | QFEX QCOM-USD | 192.26 | 0.0032 | get 0.0004% / 1h | 8m 24s | $1.2M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$59.35
- Price spread: −0.068% → −0.029%
- −$3.81
- Slippage, 4 orders
- −$19.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$104.39
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; QFEX: 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, 16 min ago | 3.11 bp | 12.1 bp −$12 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 2.60 bp | 8.6 bp −$9 | 16.4 bp −$164 | doesn't fit | doesn't fit |
QCOM on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0544% | 4h | 192.42 | +0.018% | $79K | $276K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.37 | −0.011% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.39 | 0.000% | $1.7M | $2.2M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.37 | −0.010% | $1.8M | $3.6M | 20x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 192.39 | 0.000% | $1.3M | $1.2M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.25 | −0.073% | $954 | $3.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 192.86 | +0.244% | $9K | $7K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.42 | +0.016% | $1.6M | $1.1M | 10x | as long as short |
| QFEX QCOM-USDshort | +0.0032% | 1h | 192.26 | −0.068% | $1.2M | $3.2M | 10x | |
| Lighter QCOM | +0.0032% | 1h | 192.18 | −0.109% | — | — | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective QCOM/USDC PERP | +0.0033% | 1h | 211.90 | +10.141% | $25K | $21K | 12x | as long as short |
| Gate QCOM_USDT | +0.0035% | 8h | 192.46 | +0.036% | $4.5M | $3.4M | 50x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.24 | −0.078% | $84K | $667K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.24 | −0.078% | $323K | $814K | 20x | as long as short |
| Variational Omni QCOM | +0.0235% | 8h | 192.43 | +0.022% | $308K | $119K | — | as long as short |
| BloFin QCOM-USDTlong | +0.0314% | 8h | 192.39 | long leg | $134K | $56K | 20x | |
| Binance QCOMUSDT | +0.0316% | 8h | 192.35 | −0.022% | $10.9M | $25.2M | 20x | as long as short |
| Extended QCOM-USD | +0.0320% | 1h | 192.29 | −0.053% | $101K | $466K | 10x | as long as short |
| Phoenix QCOM | +0.0495% | 1h | 192.98 | +0.307% | $97K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0504% | 1h | 192.33 | −0.031% | $7.9M | $2.9M | 10x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0539% | 8h | 192.51 | +0.063% | $6K | $150K | 10x | as long as short |
BloFin QCOM-USDT
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Injective QCOM/USDC PERP
Gate QCOM_USDT
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Binance QCOMUSDT
Extended QCOM-USD
Phoenix QCOM
tradeXYZ xyz:QCOM
GRVT QCOM_USDT_Perp