Funding arb · Price arb /

QCOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0515%/8h= +56.4% APRpaid last 24h +0.129%

Price spread now: tradeXYZ against Gate−0.021%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$620.617% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.273%+$27 on $10k

Price spread, last 7 days−0.044%−$4 · spread now −0.021%, 7d avg −0.083%

Together, before fees+0.229%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and tradeXYZ is 0.063% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.083%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.273% in total (about 14.2% a year). A funding rate is set anew for every payment. 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	192.59	0	get 0.0000% / 8h	7h 43m	$4.4M	$3.4M	50x
Short	tradeXYZ xyz:QCOM	192.55	0.0515	get 0.0064% / 1h	43m 20s	$7.7M	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.021%Rate

Funding earned: $108.18
Price spread: −0.021% → −0.083%: $6.27
Slippage, 4 orders: −$28.68
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $52.77
Costs to cover: 0.617%
Break-even: 3.6 days

Slippage from Gate: live order book, 5 min ago; tradeXYZ: 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, 5 min ago	3.64 bp	12.1 bp −$12	51.6 bp −$516	78.9 bp −$7,889	doesn't fit
Sell tradeXYZ live order book, 4 min ago	1.82 bp	16.8 bp −$17	doesn't fit	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
GRVT QCOM_USDT_Perp	−0.0182%	8h	192.73	+0.073%	$6K	$170K	10x	as long as short
Bitget QCOMUSDT	−0.0146%	8h	192.46	−0.068%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.65	+0.031%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.42	−0.089%	$100K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.47	−0.062%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.61	+0.010%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.46	−0.068%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDTlong	0.0000%	8h	192.59	long leg	$4.4M	$3.4M	50x
Variational Omni QCOM	0.0000%	8h	192.28	−0.159%	$305K	$117K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	192.41	−0.093%	$806	$4.3M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QCOM-USDT	0.0000%	8h	192.45	−0.073%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.44	−0.078%	$1.6M	$1.1M	10x	as long as short
BloFin QCOM-USDT	+0.0010%	8h	192.60	+0.005%	$130K	$54K	20x	as long as short
Lighter QCOM	+0.0032%	1h	192.35	−0.125%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0049%	1h	192.56	−0.016%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	192.35	−0.125%	$79K	$766K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.36	−0.119%	$320K	$592K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.084%	$25K	$21K	12x	as long as short
edgeX QCOMUSDC	+0.0308%	4h	192.60	+0.006%	$79K	$276K	10x	as long as short
Phoenix QCOM	+0.0497%	1h	192.27	−0.166%	$96K	$237K	10x	as long as short
tradeXYZ xyz:QCOMshort	+0.0515%	1h	192.55	−0.021%	$7.7M	$2.8M	10x