Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0730%/8h= +79.9% APRpaid last 24h −0.077%

Price spread now: Variational Omni against edgeX+0.003%7-day average +0.003% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.003%, 7d avg +0.003%

Together, before fees−0.026%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.096% in total (about -10.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX QCOMUSDC	195.38	−0.0730	get 0.0365% / 4h	3h 59m	$81K	$273K	10x
Short	Variational Omni QCOM	195.39	0	get 0.0000% / 8h	3h 59m	$317K	$78K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: $153.2
Price spread: +0.003% → +0.003%: $0.06
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $144.26
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: edgeX: live order book, 59 min ago; Variational Omni: RFQ quote, 60 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 edgeX live order book, 59 min ago	6.37 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 60 min ago	3.06 bp	doesn't fit	42.2 bp −$422	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
edgeX QCOMUSDClong	−0.0730%	4h	195.38	long leg	$81K	$273K	10x
Aster QCOMUSDT	0.0000%	8h	195.33	−0.029%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.28	−0.053%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.29	−0.048%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.36	−0.012%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.33	−0.028%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOMshort	0.0000%	8h	195.39	+0.003%	$317K	$78K	—
GRVT QCOM_USDT_Perp	0.0000%	8h	195.38	−0.002%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.20	−0.094%	$978	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.42	+0.018%	$10K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	195.34	−0.023%	$1.6M	$990K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.21	−0.089%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0032%	1h	195.23	−0.079%	$1.2M	$3.2M	10x	as long as short
BloFin QCOM-USDT	+0.0042%	8h	195.43	+0.024%	$129K	$54K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.35	−0.017%	$83K	$894K	10x	as long as short
Binance QCOMUSDT	+0.0069%	8h	195.34	−0.023%	$11.1M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0072%	1h	195.28	−0.055%	$103K	$421K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.24	−0.074%	$318K	$512K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.12	+10.101%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.36	−0.012%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0567%	1h	195.50	+0.059%	$7.5M	$2.4M	10x	as long as short