Funding you earn now, next payment 00:00 UTC+0.0288%/8h= +31.5% APRnext payment +$2.88 per $10,000 · paid last 24h +0.035%
Price spread now: Binance against Gate+0.015%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 2 days (all we have)−0.018%−$2 · spread now +0.015%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.88 per $10,000. 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 | Gate QCOM_USDT | 195.78 | 0 | get 0.0000% / 8h | 7m 22s | $4.4M | $3.2M | 50x |
| Short | Binance QCOMUSDT | 195.81 | 0.0288 | get 0.0288% / 8h | 7m 22s | $10.8M | $23.0M | 20x |
Gate QCOM_USDT
Binance QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $60.45
- Price spread: +0.015% → −0.018%
- $3.37
- Slippage, 4 orders
- −$26.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.1
- Costs to cover
- 0.517%
- Break-even
- 5.6 days
Slippage from Gate: live order book, 6 min ago; Binance: live order book, 4 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 Gate live order book, 6 min ago | 5.36 bp | 14.2 bp −$14 | 49.6 bp −$496 | 77.6 bp −$7,757 | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.02 bp | 12.0 bp −$12 | 31.0 bp −$310 | 119.6 bp −$12.0K | 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 | −0.0135% | 4h | 195.71 | −0.037% | $82K | $267K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.50 | −0.145% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.85 | +0.036% | $2.0M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.89 | +0.056% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDTlong | 0.0000% | 8h | 195.78 | long leg | $4.4M | $3.2M | 50x | |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.86 | +0.041% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.54 | −0.123% | $841 | $4.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.97 | +0.097% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.78 | 0.000% | $1.6M | $971K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.57 | −0.107% | — | — | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0052% | 1h | 195.72 | −0.031% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0090% | 1h | 195.78 | 0.000% | $85K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.55 | −0.117% | $319K | $521K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.09 | +9.863% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0239% | 8h | 195.77 | −0.007% | $322K | $75K | — | as long as short |
| Binance QCOMUSDTshort | +0.0288% | 8h | 195.81 | +0.015% | $10.8M | $23.0M | 20x | |
| Extended QCOM-USD | +0.0288% | 1h | 195.69 | −0.048% | $105K | $268K | 10x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0298% | 8h | 195.77 | −0.005% | $6K | $209K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0304% | 8h | 195.71 | −0.036% | $126K | $50K | 20x | as long as short |
| tradeXYZ xyz:QCOM | +0.0315% | 1h | 195.86 | +0.041% | $7.2M | $2.2M | 10x | as long as short |
| Phoenix QCOM | +0.0410% | 1h | 195.79 | +0.005% | $98K | $259K | 10x | as long as short |
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Variational Omni QCOM
Extended QCOM-USD
GRVT QCOM_USDT_Perp
BloFin QCOM-USDT
tradeXYZ xyz:QCOM
Phoenix QCOM