Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h −0.198%

Price spread now: Bitget against edgeX+0.200%74s7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as 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−$680.681% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.200%, 7d avg +0.036%

Together, before fees−0.122%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.165% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 74 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	edgeX QCOMUSDC	195.21	−0.0141	get 0.0070% / 4h	2h 28m	$81K	$270K	10x
Short	Bitget QCOMUSDT	195.60	0	get 0.0000% / 8h	6h 28m	$1.3M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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 edgeXbpFee BitgetbpOrdersPrice spread, now +0.200%Rate

Funding earned: $29.58
Price spread: +0.200% → +0.036%: $16.45
Slippage, 4 orders: −$47.14
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.12
Costs to cover: 0.681%
Break-even: 12.2 days

Slippage from edgeX: live order book, 39 min ago; Bitget: live order book, 3 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 edgeX live order book, 39 min ago	5.61 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.30 bp	22.4 bp −$22	doesn't fit	doesn't fit	doesn't fit

QCOM on 20 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 QCOMUSDClong	−0.0141%	4h	195.21	long leg	$81K	$270K	10x
Aster QCOMUSDT	0.0000%	8h	195.68	+0.239%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.57	+0.185%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.60	+0.200%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.69	+0.246%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDTshort	0.0000%	8h	195.60	+0.200%	$1.3M	$1.1M	20x
GRVT QCOM_USDT_Perp	0.0000%	8h	195.02	−0.095%	$6K	$194K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.59	+0.195%	$878	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.62	+0.211%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.55	+0.175%	$1.6M	$963K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.50	+0.149%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	195.51	+0.154%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0063%	1h	195.63	+0.216%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.28	+0.036%	$318K	$532K	20x	as long as short
Variational Omni QCOM	+0.0154%	8h	195.16	−0.023%	$321K	$74K	—	as long as short
Extended QCOM-USD	+0.0192%	1h	195.58	+0.190%	$102K	$407K	10x	as long as short
Binance QCOMUSDT	+0.0196%	8h	195.63	+0.215%	$10.8M	$22.8M	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.41	+9.836%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	195.54	+0.170%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0483%	1h	195.69	+0.246%	$7.3M	$2.3M	10x	as long as short