Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.006%

Price spread now: BloFin against Extended+0.146%74s7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as 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−$600.598% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.146%, 7d avg +0.035%

Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.111% dearer against Extended than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.035%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. 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	Extended QCOM-USD	194.79	0.0056	pay 0.0007% / 1h	53m 53s	$102K	$421K	10x
Short	BloFin QCOM-USDT	195.07	0.0035	get 0.0035% / 8h	3h 53m	$128K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$4.39
Price spread: +0.146% → +0.035%: $11.11
Slippage, 4 orders: −$42.82
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$53.1
Costs to cover: 0.598%
Break-even: never at this rate

Slippage from Extended: live order book, 64 min ago; BloFin: live order book, 35 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 Extended live order book, 64 min ago	4.08 bp	19.4 bp −$19	141.6 bp −$1,416	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	0.76 bp	10.5 bp −$10	19.2 bp −$192	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	194.90	+0.058%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.73	−0.029%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.92	+0.069%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.88	+0.048%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.91	+0.064%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	195.00	+0.108%	$317K	$78K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.19	+0.209%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	194.73	−0.029%	$652	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.10	+0.161%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.83	+0.023%	$1.6M	$992K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0029%	1h	194.80	+0.007%	$1.2M	$3.2M	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.59	−0.101%	—	—	10x	as long as short
BloFin QCOM-USDTshort	+0.0035%	8h	195.07	+0.146%	$128K	$54K	20x
Extended QCOM-USDlong	+0.0056%	1h	194.79	long leg	$102K	$421K	10x
Binance QCOMUSDT	+0.0058%	8h	194.84	+0.030%	$11.1M	$22.8M	20x	as long as short
Polymarket Perps QCOM-USD	+0.0061%	1h	194.86	+0.038%	$83K	$894K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.77	−0.008%	$317K	$514K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.75	+10.249%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.58	+0.408%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0612%	1h	194.97	+0.094%	$7.5M	$2.4M	10x	as long as short
edgeX QCOMUSDC	+0.0736%	4h	195.21	+0.215%	$80K	$271K	10x	as long as short