Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0490%/8h= −53.7% APRpaid last 24h —

Price spread now: Lighter against edgeX−0.173%49s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Lighter is 0.173% cheaper against edgeX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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	194.67	0.0522	pay 0.0261% / 4h	1h 28m	$81K	$266K	10x
Short	Lighter QCOM	194.33	0.0032	get 0.0004% / 1h	28m 31s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.173%Rate

Funding earned: −$102.9
Price spread: −0.173% → 0.000%: −$17.32
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$129.23
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 54 min ago; Lighter: no order-book sample. 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 edgeX live order book, 54 min ago	5.40 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	194.46	−0.107%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.69	+0.012%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.68	+0.007%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.64	−0.014%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.67	+0.001%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.63	−0.019%	$319K	$77K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.50	−0.086%	$733	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.96	+0.150%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.68	+0.007%	$1.6M	$982K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	194.33	−0.173%	—	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0056%	1h	194.63	−0.019%	$1.2M	$2.9M	10x	as long as short
Extended QCOM-USD	+0.0056%	1h	194.64	−0.013%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0066%	8h	194.68	+0.009%	$10.8M	$23.1M	20x	as long as short
BloFin QCOM-USDT	+0.0079%	8h	194.69	+0.012%	$125K	$50K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0093%	1h	194.59	−0.040%	$89K	$1.4M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.51	−0.081%	$317K	$518K	20x	as long as short
GRVT QCOM_USDT_Perp	+0.0131%	8h	194.63	−0.019%	$6K	$227K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+9.823%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.70	+0.017%	$97K	$259K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0472%	1h	194.66	−0.004%	$7.1M	$2.3M	10x	as long as short
edgeX QCOMUSDClong	+0.0522%	4h	194.67	long leg	$81K	$266K	10x