Funding you earn now, next payment 07:00 UTC+0.0414%/8h= +45.3% APRnext payment +$0.52 per $10,000 · paid last 24h +0.057%
Price spread now: Phoenix against Extended−0.077%48s7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$840.837% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.077%, 7d avg +0.043%
=Together, before fees+0.172%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.120% cheaper against Extended than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of +0.043%). If the spread goes back, that is −$12 on $10k: about 23 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.310% in total) that is about 2.7 days. The two prices were read 48 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 | 193.27 | 0 | get 0.0000% / 1h | 42m 27s | $104K | $477K | 10x |
| Short | Phoenix QCOM | 193.12 | 0.0414 | get 0.0052% / 1h | 42m 27s | $97K | $237K | 10x |
Extended QCOM-USD
Phoenix QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $86.9
- Price spread: −0.077% → +0.043%
- −$11.96
- Slippage, 4 orders
- −$71.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$8.77
- Costs to cover
- 0.837%
- Break-even
- 7.7 days
Slippage from Extended: live order book, 60 min ago; Phoenix: live order book, 58 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, 60 min ago | 3.90 bp | 20.0 bp −$20 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 58 min ago | 7.78 bp | 21.9 bp −$22 | 48.7 bp −$487 | 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 QCOMUSDC | −0.0974% | 4h | 193.21 | −0.032% | $80K | $275K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0258% | 8h | 193.36 | +0.047% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.22 | −0.024% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USDlong | 0.0000% | 1h | 193.27 | long leg | $104K | $477K | 10x | |
| Binance QCOMUSDT | 0.0000% | 8h | 193.30 | +0.016% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.30 | +0.016% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.40 | +0.068% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.41 | +0.073% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.13 | −0.073% | $306K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.13 | −0.073% | $6K | $179K | 10x | as long as short |
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 193.28 | +0.006% | $777 | $4.4M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.21 | −0.030% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.36 | +0.047% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0004% | 8h | 193.38 | +0.058% | $129K | $54K | 20x | as long as short |
| QFEX QCOM-USD | +0.0025% | 1h | 193.27 | +0.001% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.39 | +0.063% | — | — | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.14 | −0.067% | $321K | $571K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0142% | 1h | 193.32 | +0.027% | $79K | $847K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.46 | +9.930% | $25K | $25K | 12x | as long as short |
| Phoenix QCOMshort | +0.0414% | 1h | 193.12 | −0.077% | $97K | $237K | 10x | |
| tradeXYZ xyz:QCOM | +0.0705% | 1h | 193.43 | +0.083% | $7.7M | $2.8M | 10x | as long as short |
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
QFEX QCOM-USD
Lighter QCOM
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM