Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%
Price spread now: Polymarket Perps against Bybit+0.047%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$980.980% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.047%, 7d avg −0.026%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QCOMUSDT193.090get 0.0000% / 8h7h 57m$1.7M$2.3M25x
ShortPolymarket Perps QCOM-USD193.180.0050get 0.0006% / 1h57m 05s$79K$831K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$10.5
Price spread: +0.047% → −0.026%
$7.22
Slippage, 4 orders
−$79.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$80.29
Costs to cover
0.980%
Break-even
60.5 days
Slippage from Bybit: live order book, 5 min ago; Polymarket Perps: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago5.17 bp33.2 bp −$33103.5 bp −$1,035doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 21 min ago2.07 bp6.1 bp −$67.3 bp −$7310.3 bp −$1,032doesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget QCOMUSDT−0.0170%8h193.07−0.010%$1.3M$1.1M20xas long as short
BloFin QCOM-USDT−0.0017%8h193.22+0.067%$130K$55K20xas long as short
Aster QCOMUSDT0.0000%8h193.05−0.021%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h193.03−0.033%$101K$475K10xas long as short
Binance QCOMUSDT0.0000%8h193.06−0.016%$10.8M$24.6M20xas long as short
Bybit QCOMUSDTlong0.0000%8h193.09long leg$1.7M$2.3M25x
OKX QCOM-USDT-SWAP0.0000%8h193.05−0.021%$1.8M$3.8M20xas long as short
Gate QCOM_USDT0.0000%8h193.10+0.005%$4.4M$3.4M50xas long as short
Variational Omni QCOM0.0000%8h193.30+0.111%$306K$117Kas long as short
GRVT QCOM_USDT_Perp0.0000%8h193.24+0.078%$6K$173K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QCOM-USDT0.0000%8h193.27+0.093%$569$4.4M10xas long as short
HTX QCOM-USDT0.0000%8h193.23+0.073%$9K$11K20xas long as short
Phemex QCOMUSDT0.0000%8h193.06−0.016%$1.6M$1.1M10xas long as short
Lighter QCOM+0.0032%1h192.86−0.119%10xas long as short
QFEX QCOM-USD+0.0049%1h193.06−0.016%$1.2M$3.1M10xas long as short
Polymarket Perps QCOM-USDshort+0.0050%1h193.18+0.047%$79K$831K10x
KuCoin QCOMUSDTM+0.0100%8h193.08−0.005%$321K$590K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h212.01+9.799%$25K$21K12xas long as short
Phoenix QCOM+0.0414%1h193.50+0.212%$97K$237K10xas long as short
tradeXYZ xyz:QCOM+0.0517%1h193.23+0.073%$7.7M$2.8M10xas long as short
edgeX QCOMUSDC+0.0755%4h193.22+0.068%$80K$274K10xas long as short