Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Variational Omni against Bybit−0.264%7-day average 0.000% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.264%, 7d avg 0.000%

Together, before fees+0.463%+ Points / potential airdropVariational Omni: Active · farm board+$46 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: Variational Omni is 0.264% cheaper against Bybit than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	191.94	0	get 0.0000% / 8h	7h 22m	$1.7M	$2.3M	25x
Short	Variational Omni QCOM	191.43	0	get 0.0000% / 8h	7h 22m	$303K	$117K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.264%Rate

Funding earned: $0
Price spread: −0.264% → 0.000%: −$26.43
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$37.43
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 12 min ago. 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, 5 min ago	6.52 bp	40.4 bp −$40	119.5 bp −$1,195	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 12 min ago	3.49 bp	doesn't fit	65.4 bp −$654	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
GRVT QCOM_USDT_Perp	−0.0193%	8h	191.62	−0.167%	$6K	$166K	10x	as long as short
Bitget QCOMUSDT	−0.0094%	8h	191.95	+0.005%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	191.60	−0.177%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	191.88	−0.030%	$103K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	191.94	+0.002%	$10.7M	$24.7M	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	191.94	long leg	$1.7M	$2.3M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	192.07	+0.068%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.01	+0.036%	$4.4M	$3.5M	50x	as long as short
Variational Omni QCOMshort	0.0000%	8h	191.43	−0.264%	$303K	$117K	—
SunX QCOM-USDT	0.0000%	8h	192.14	+0.104%	$861	$4.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QCOM-USDT	0.0000%	8h	191.48	−0.240%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.03	+0.047%	$1.6M	$1.1M	10x	as long as short
BloFin QCOM-USDT	+0.0003%	8h	191.84	−0.052%	$130K	$54K	20x	as long as short
Lighter QCOM	+0.0032%	1h	191.81	−0.068%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0049%	1h	191.96	+0.010%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	191.82	−0.063%	$78K	$685K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	191.63	−0.162%	$319K	$613K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.456%	$25K	$21K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0468%	1h	192.10	+0.083%	$7.7M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0497%	1h	191.49	−0.234%	$96K	$237K	10x	as long as short
edgeX QCOMUSDC	+0.0800%	4h	191.53	−0.212%	$79K	$274K	10x	as long as short