Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against GRVT+0.061%101s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.466% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.061%, 7d avg −0.006%

Together, before fees−0.098%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.068% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

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	7h 05m	$6K	$197K	10x
Short	OKX QCOM-USDT-SWAP	196.03	0	get 0.0000% / 8h	7h 05m	$1.8M	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → −0.006%: $6.75
Slippage, 4 orders: −$27.62
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.87
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; OKX: live order book, 2 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 GRVT live order book, 1 min ago	2.04 bp	8.9 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.04 bp	12.1 bp −$12	51.8 bp −$518	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
Aster QCOMUSDT	0.0000%	8h	195.83	−0.042%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.92	+0.005%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAPshort	0.0000%	8h	196.03	+0.061%	$1.8M	$3.6M	20x
Gate QCOM_USDT	0.0000%	8h	196.08	+0.087%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.97	+0.031%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perplong	0.0000%	8h	195.91	long leg	$6K	$197K	10x
SunX QCOM-USDT	0.0000%	8h	195.95	+0.020%	$954	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.05	+0.071%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.08	+0.087%	$1.6M	$965K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.84	−0.036%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0040%	1h	195.87	−0.021%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	196.00	+0.046%	$85K	$885K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.78	−0.066%	$319K	$525K	20x	as long as short
Variational Omni QCOM	+0.0216%	8h	196.03	+0.061%	$322K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.15	+9.821%	$26K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0255%	8h	196.03	+0.061%	$10.8M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0256%	1h	195.97	+0.033%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0257%	8h	195.88	−0.015%	$128K	$54K	20x	as long as short
edgeX QCOMUSDC	+0.0298%	4h	195.90	−0.006%	$82K	$268K	10x	as long as short
Phoenix QCOM	+0.0327%	1h	196.00	+0.046%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0358%	1h	196.02	+0.056%	$7.2M	$2.2M	10x	as long as short