Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.053%

Price spread now: GRVT against Bybit−0.168%70s7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as 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−$820.824% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)+0.245%+$24 · spread now −0.168%, 7d avg +0.025%

Together, before fees+0.360%+ Points / potential airdropGRVT: Active · farm board+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.192% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.025%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	193.77	0	get 0.0000% / 8h	2h 56m	$1.9M	$2.2M	25x
Short	GRVT QCOM_USDT_Perp	193.45	0	get 0.0000% / 8h	2h 56m	$6K	$186K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee GRVTbpOrdersPrice spread, now −0.168%Rate

Funding earned: $0
Price spread: −0.168% → +0.025%: −$19.23
Slippage, 4 orders: −$62.37
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$101.6
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 56 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 Bybit live order book, 1 min ago	2.32 bp	32.9 bp −$33	100.0 bp −$1,000	doesn't fit	doesn't fit
Sell GRVT live order book, 56 min ago	1.54 bp	13.1 bp −$13	39.0 bp −$390	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
edgeX QCOMUSDC	−0.0408%	4h	193.39	−0.198%	$80K	$274K	10x	as long as short
Bitget QCOMUSDT	−0.0228%	8h	193.92	+0.077%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	193.73	−0.020%	$17K	$11K	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	193.77	long leg	$1.9M	$2.2M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	193.85	+0.041%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	193.88	+0.057%	$4.4M	$3.3M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	193.37	−0.206%	$306K	$84K	—	as long as short
GRVT QCOM_USDT_Perpshort	0.0000%	8h	193.45	−0.168%	$6K	$186K	10x
SunX QCOM-USDT	0.0000%	8h	193.66	−0.057%	$775	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	193.57	−0.103%	$9K	$11K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	193.72	−0.026%	$1.6M	$1.0M	10x	as long as short
BloFin QCOM-USDT	+0.0029%	8h	193.55	−0.114%	$130K	$54K	20x	as long as short
Lighter QCOM	+0.0032%	1h	193.53	−0.124%	—	—	10x	as long as short
Binance QCOMUSDT	+0.0047%	8h	193.88	+0.057%	$11.0M	$23.7M	20x	as long as short
Extended QCOM-USD	+0.0048%	1h	193.82	+0.025%	$101K	$472K	10x	as long as short
QFEX QCOM-USD	+0.0058%	1h	193.83	+0.031%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	193.52	−0.129%	$315K	$549K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.60	+9.718%	$25K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0236%	1h	193.90	+0.067%	$78K	$897K	10x	as long as short
Phoenix QCOM	+0.0450%	1h	193.62	−0.077%	$97K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0752%	1h	193.99	+0.114%	$7.5M	$2.6M	10x	as long as short