Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h −0.059%

Price spread now: QFEX against GRVT−0.024%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on GRVT Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.024%, 7d avg −0.034%

Together, before fees−0.057%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.

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 36m	$6K	$191K	10x
Short	QFEX QCOM-USD	195.86	0.0062	get 0.0008% / 1h	36m 47s	$1.2M	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.024%Rate

Funding earned: $13.02
Price spread: −0.024% → −0.034%: $1.03
Slippage, 4 orders: −$27.06
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$32
Costs to cover: 0.461%
Break-even: 24.2 days

Slippage from GRVT: live order book, 25 min ago; QFEX: live order book, 6 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, 25 min ago	1.53 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.28 bp	9.8 bp −$10	14.7 bp −$147	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	195.77	−0.068%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.70	−0.105%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.90	−0.003%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.88	−0.013%	$4.4M	$3.3M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.95	+0.022%	$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	195.67	−0.121%	$908	$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	195.92	+0.007%	$1.6M	$998K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.53	−0.192%	—	—	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-USDshort	+0.0062%	1h	195.86	−0.024%	$1.2M	$3.4M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.65	−0.131%	$319K	$547K	20x	as long as short
Variational Omni QCOM	+0.0122%	8h	195.77	−0.071%	$321K	$74K	—	as long as short
BloFin QCOM-USDT	+0.0159%	8h	195.86	−0.024%	$129K	$55K	20x	as long as short
Binance QCOMUSDT	+0.0165%	8h	195.88	−0.014%	$11.1M	$23.4M	20x	as long as short
Extended QCOM-USD	+0.0168%	1h	195.81	−0.052%	$107K	$412K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.37	+9.935%	$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	+0.0590%	1h	196.01	+0.053%	$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