Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.028%

Price spread now: Polymarket Perps against Gate+0.020%7-day average −0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.020%, 7d avg −0.066%

Together, before fees−0.071%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QCOM_USDT	195.89	0	get 0.0000% / 8h	3m 16s	$4.4M	$3.2M	50x
Short	Polymarket Perps QCOM-USD	195.93	0.0096	get 0.0012% / 1h	3m 16s	$85K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.020%Rate

Funding earned: $20.16
Price spread: +0.020% → −0.066%: $8.67
Slippage, 4 orders: −$19.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$13.5
Costs to cover: 0.423%
Break-even: 11.7 days

Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago	5.36 bp	13.3 bp −$13	46.1 bp −$461	74.2 bp −$7,424	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.30 bp	6.3 bp −$6	8.0 bp −$80	10.5 bp −$1,050	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	195.73	−0.081%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.00	+0.056%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDTlong	0.0000%	8h	195.89	long leg	$4.4M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	195.98	+0.046%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.71	−0.092%	$934	$4.8M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.06	+0.087%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.92	+0.015%	$1.6M	$970K	10x	as long as short
Bybit QCOMUSDT	+0.0007%	8h	196.00	+0.056%	$2.0M	$1.9M	25x	as long as short
Lighter QCOM	+0.0032%	1h	195.67	−0.112%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0052%	1h	195.83	−0.031%	$1.2M	$3.0M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps QCOM-USDshort	+0.0096%	1h	195.93	+0.020%	$85K	$1.4M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.72	−0.087%	$319K	$518K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.09	+9.801%	$26K	$25K	12x	as long as short
Variational Omni QCOM	+0.0255%	8h	195.87	−0.011%	$322K	$75K	—	as long as short
edgeX QCOMUSDC	+0.0259%	4h	195.80	−0.047%	$82K	$267K	10x	as long as short
BloFin QCOM-USDT	+0.0293%	8h	195.96	+0.036%	$126K	$50K	20x	as long as short
Binance QCOMUSDT	+0.0310%	8h	195.91	+0.010%	$10.9M	$23.0M	20x	as long as short
GRVT QCOM_USDT_Perp	+0.0311%	8h	195.90	+0.005%	$6K	$210K	10x	as long as short
Extended QCOM-USD	+0.0312%	1h	195.87	−0.008%	$105K	$268K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0318%	1h	195.92	+0.015%	$7.2M	$2.2M	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.95	+0.031%	$98K	$259K	10x	as long as short