Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against GRVT−0.085%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.085% cheaper against GRVT than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT QCOM_USDT_Perp	195.91	0	get 0.0000% / 8h	5h 37m	$6K	$191K	10x
Short	Lighter QCOM	195.74	0.0032	get 0.0004% / 1h	37m 28s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GRVT. 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 GRVTbpFee LighterbpOrdersPrice spread, now −0.085%Rate

Funding earned: $6.72
Price spread: −0.085% → 0.000%: −$8.49
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.77
Costs to cover: 0.090%
Break-even: 18.2 days

Slippage unknown: GRVT: live order book, 25 min ago; Lighter: 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 GRVT live order book, 25 min ago	1.53 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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 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	195.92	+0.006%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.68	−0.116%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.88	−0.013%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.92	+0.007%	$4.4M	$3.3M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.88	−0.013%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perplong	0.0000%	8h	195.91	long leg	$6K	$191K	10x
SunX QCOM-USDT	0.0000%	8h	195.72	−0.095%	$652	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.83	−0.039%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.90	−0.003%	$1.6M	$997K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	195.74	−0.085%	—	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0062%	1h	195.86	−0.024%	$1.2M	$3.4M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.66	−0.126%	$319K	$547K	20x	as long as short
Variational Omni QCOM	+0.0122%	8h	195.77	−0.071%	$321K	$74K	—	as long as short
Binance QCOMUSDT	+0.0165%	8h	195.76	−0.073%	$11.1M	$23.4M	20x	as long as short
Extended QCOM-USD	+0.0168%	1h	195.68	−0.113%	$107K	$412K	10x	as long as short
BloFin QCOM-USDT	+0.0169%	8h	195.87	−0.019%	$129K	$55K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.49	+9.996%	$26K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0248%	1h	195.86	−0.024%	$83K	$895K	10x	as long as short
Phoenix QCOM	+0.0449%	1h	196.01	+0.053%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0586%	1h	195.99	+0.043%	$7.4M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0907%	4h	195.68	−0.116%	$81K	$270K	10x	as long as short