Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.045%

Price spread now: Injective against Gate+9.572%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 9.572% dearer against Gate than usual: you sell high and buy low: +$957 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QCOM_USDT	195.68	0	get 0.0000% / 8h	6h 28m	$4.5M	$3.2M	50x
Short	Injective QCOM/USDC PERP	214.41	0.0220	get 0.0028% / 1h	28m 47s	$25K	$25K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now +9.572%Rate

Funding earned: $46.2
Price spread: +9.572% → 0.000%: $957.17
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $988.35
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 min ago; Injective: 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 Gate live order book, 4 min ago	6.92 bp	29.6 bp −$30	57.0 bp −$570	82.5 bp −$8,248	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 20 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	−0.0141%	4h	195.21	−0.241%	$81K	$270K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.65	−0.017%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.54	−0.072%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.57	−0.056%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDTlong	0.0000%	8h	195.68	long leg	$4.5M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	195.58	−0.051%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.02	−0.336%	$6K	$194K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.60	−0.041%	$716	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.62	−0.031%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.55	−0.066%	$1.6M	$963K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.50	−0.092%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	195.53	−0.077%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0066%	1h	195.64	−0.020%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.23	−0.230%	$318K	$532K	20x	as long as short
Variational Omni QCOM	+0.0154%	8h	195.16	−0.263%	$321K	$74K	—	as long as short
Binance QCOMUSDT	+0.0196%	8h	195.61	−0.036%	$10.8M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0200%	1h	195.54	−0.070%	$102K	$407K	10x	as long as short
Injective QCOM/USDC PERPshort	+0.0220%	1h	214.41	+9.572%	$25K	$25K	12x
Phoenix QCOM	+0.0326%	1h	195.54	−0.072%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0484%	1h	195.65	−0.015%	$7.3M	$2.3M	10x	as long as short