Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against Bybit−0.005%7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$800.802% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days+0.044%+$4 · spread now −0.005%, 7d avg +0.030%

Together, before fees+0.064%+$6 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: OKX is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	194.69	0	get 0.0000% / 8h	1h 27m	$1.9M	$1.9M	25x
Short	OKX QCOM-USDT-SWAP	194.68	0	get 0.0000% / 8h	1h 27m	$1.7M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → +0.030%: −$3.5
Slippage, 4 orders: −$59.2
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.7
Costs to cover: 0.802%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago	4.11 bp	20.0 bp −$20	97.8 bp −$978	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.28 bp	12.6 bp −$13	32.8 bp −$328	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	194.47	−0.115%	$17K	$11K	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	194.69	long leg	$1.9M	$1.9M	25x
OKX QCOM-USDT-SWAPshort	0.0000%	8h	194.68	−0.005%	$1.7M	$3.7M	20x
Gate QCOM_USDT	0.0000%	8h	194.67	−0.010%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.66	−0.015%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.63	−0.030%	$319K	$77K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.49	−0.103%	$770	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.83	+0.072%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.68	−0.005%	$1.6M	$983K	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.35	−0.175%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0056%	1h	194.65	−0.021%	$1.2M	$2.9M	10x	as long as short
Binance QCOMUSDT	+0.0069%	8h	194.68	−0.005%	$10.8M	$23.1M	20x	as long as short
Extended QCOM-USD	+0.0072%	1h	194.68	−0.005%	$104K	$268K	10x	as long as short
BloFin QCOM-USDT	+0.0094%	8h	194.69	0.000%	$125K	$50K	20x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.52	−0.087%	$317K	$517K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0109%	1h	194.63	−0.031%	$89K	$1.4M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0142%	8h	194.64	−0.026%	$7K	$228K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+9.810%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.70	+0.005%	$97K	$259K	10x	as long as short
edgeX QCOMUSDC	+0.0455%	4h	194.67	−0.012%	$81K	$264K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0480%	1h	194.66	−0.015%	$7.1M	$2.3M	10x	as long as short