Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.201%

Price spread now: GRVT against edgeX−0.010%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$620.621% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.255%+$26 on $10k

Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.010%, 7d avg +0.027%

Together, before fees+0.297%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GRVT is 0.037% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.255%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX QCOMUSDC	194.65	0.0352	pay 0.0176% / 4h	1h 34m	$81K	$265K	10x
Short	GRVT QCOM_USDT_Perp	194.63	0.0097	get 0.0097% / 8h	1h 34m	$6K	$228K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$53.59
Price spread: −0.010% → +0.027%: −$3.66
Slippage, 4 orders: −$44.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$119.32
Costs to cover: 0.621%
Break-even: never at this rate

Slippage from edgeX: live order book, 48 min ago; GRVT: live order book, 48 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, 48 min ago	5.40 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 48 min ago	2.32 bp	25.4 bp −$25	doesn't fit	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	194.45	−0.103%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.69	+0.021%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.65	0.000%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.65	0.000%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.58	−0.036%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.67	+0.009%	$319K	$76K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.44	−0.108%	$599	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.75	+0.052%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.68	+0.016%	$1.6M	$982K	10x	as long as short
BloFin QCOM-USDT	+0.0027%	8h	194.69	+0.021%	$125K	$50K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance QCOMUSDT	+0.0031%	8h	194.64	−0.006%	$10.8M	$23.1M	20x	as long as short
Lighter QCOM	+0.0032%	1h	194.38	−0.138%	—	—	10x	as long as short
Extended QCOM-USD	+0.0032%	1h	194.60	−0.023%	$104K	$268K	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.55	−0.051%	$89K	$1.4M	10x	as long as short
QFEX QCOM-USD	+0.0056%	1h	194.58	−0.036%	$1.2M	$2.9M	10x	as long as short
GRVT QCOM_USDT_Perpshort	+0.0097%	8h	194.63	−0.010%	$6K	$228K	10x
KuCoin QCOMUSDTM	+0.0100%	8h	194.41	−0.123%	$317K	$523K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+9.833%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.50	−0.077%	$97K	$259K	10x	as long as short
edgeX QCOMUSDClong	+0.0352%	4h	194.65	long leg	$81K	$265K	10x
tradeXYZ xyz:QCOM	+0.0441%	1h	194.61	−0.020%	$7.1M	$2.3M	10x	as long as short