Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Bybit−0.182%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.182% cheaper against Bybit than usual: you would sell low and buy high (spread −0.182% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 19 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	192.25	0	get 0.0000% / 8h	7h 51m	$1.7M	$2.3M	25x
Short	Lighter QCOM	191.90	0.0032	get 0.0004% / 1h	51m 16s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.182%Rate

Funding earned: $6.72
Price spread: −0.182% → 0.000%: −$18.21
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$22.49
Costs to cover: 0.110%
Break-even: 30.4 days

Slippage unknown: Bybit: live order book, 1 min ago; Lighter: no order-book sample. Net counts fees only.

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	4.42 bp	39.6 bp −$40	122.4 bp −$1,224	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
GRVT QCOM_USDT_Perp	−0.0712%	8h	192.30	+0.027%	$6K	$172K	10x	as long as short
Bitget QCOMUSDT	−0.0156%	8h	192.14	−0.057%	$1.3M	$1.1M	20x	as long as short
BloFin QCOM-USDT	−0.0024%	8h	192.19	−0.031%	$129K	$55K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.29	+0.021%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.13	−0.062%	$100K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.17	−0.042%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	192.25	long leg	$1.7M	$2.3M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	192.18	−0.036%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.25	0.000%	$4.4M	$3.4M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.67	+0.218%	$305K	$117K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QCOM-USDT	0.0000%	8h	192.11	−0.073%	$599	$4.3M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.33	+0.042%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.16	−0.047%	$1.6M	$1.1M	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	191.90	−0.182%	—	—	10x
QFEX QCOM-USD	+0.0049%	1h	192.07	−0.094%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	191.91	−0.177%	$79K	$807K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.19	−0.031%	$320K	$591K	20x	as long as short
edgeX QCOMUSDC	+0.0183%	4h	192.26	+0.007%	$79K	$275K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.278%	$25K	$21K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0477%	1h	192.21	−0.021%	$7.7M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0497%	1h	192.27	+0.010%	$96K	$237K	10x	as long as short