Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.031%

Price spread now: Polymarket Perps against GRVT−0.041%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on GRVT Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.082%−$8 · spread now −0.041%, 7d avg −0.066%

Together, before fees−0.095%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.024% dearer against GRVT than usual: you sell high and buy low: +$2 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	GRVT QCOM_USDT_Perp	194.13	0.0010	pay 0.0010% / 8h	2h 29m	$6K	$239K	10x
Short	Polymarket Perps QCOM-USD	194.05	0.0050	get 0.0006% / 1h	29m 32s	$82K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.041%Rate

Funding earned: $8.4
Price spread: −0.041% → −0.066%: $2.43
Slippage, 4 orders: −$18.31
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.48
Costs to cover: 0.353%
Break-even: 27.4 days

Slippage from GRVT: live order book, 57 min ago; Polymarket Perps: 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 GRVT live order book, 57 min ago	2.07 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.80 bp	7.0 bp −$7	10.5 bp −$105	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	194.00	−0.067%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	194.10	−0.013%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	194.13	0.000%	$10.7M	$23.1M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.14	+0.005%	$1.9M	$2.0M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.05	−0.041%	$1.7M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.13	0.000%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.10	−0.015%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.11	−0.010%	$318K	$76K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	193.88	−0.129%	$494	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.09	−0.021%	$10K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	194.16	+0.015%	$1.6M	$978K	10x	as long as short
GRVT QCOM_USDT_Perplong	+0.0010%	8h	194.13	long leg	$6K	$239K	10x
BloFin QCOM-USDT	+0.0015%	8h	194.18	+0.026%	$126K	$50K	20x	as long as short
Lighter QCOM	+0.0032%	1h	193.85	−0.144%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0034%	1h	194.04	−0.046%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USDshort	+0.0050%	1h	194.05	−0.041%	$82K	$1.3M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	193.93	−0.103%	$317K	$516K	20x	as long as short
Phoenix QCOM	+0.0206%	1h	194.09	−0.021%	$97K	$259K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.18	+9.813%	$25K	$25K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0238%	1h	194.11	−0.010%	$7.1M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0384%	4h	194.16	+0.013%	$81K	$266K	10x	as long as short