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 −0.071%

Price spread now: SunX against GRVT−0.237%74s7-day average −0.051% · you buy dearer than you sell

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

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.237%, 7d avg −0.051%

Together, before fees+0.093%+ Points / potential airdropGRVT: Active · farm board+$9 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: SunX is 0.186% cheaper against GRVT than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.051%. The two prices were read 74 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	195.19	0	get 0.0000% / 8h	3h 54m	$6K	$189K	10x
Short	SunX QCOM-USDT	194.73	0	get 0.0000% / 8h	3h 54m	$652	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.237%Rate

Funding earned: $0
Price spread: −0.237% → −0.051%: −$18.6
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.6
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 63 min ago; SunX: live order book, 4 min ago. 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, 63 min ago	2.29 bp	11.6 bp −$12	415.5 bp −$4,155	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.19 bp	doesn't fit	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
Aster QCOMUSDT	0.0000%	8h	194.95	−0.124%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.72	−0.242%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.86	−0.171%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.91	−0.145%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.91	−0.145%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	195.00	−0.101%	$317K	$78K	—	as long as short
GRVT QCOM_USDT_Perplong	0.0000%	8h	195.19	long leg	$6K	$189K	10x
SunX QCOM-USDTshort	0.0000%	8h	194.73	−0.237%	$652	$4.5M	10x
HTX QCOM-USDT	0.0000%	8h	195.10	−0.048%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.83	−0.186%	$1.6M	$992K	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	+0.0029%	1h	194.80	−0.201%	$1.2M	$3.2M	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.59	−0.309%	—	—	10x	as long as short
BloFin QCOM-USDT	+0.0035%	8h	195.07	−0.063%	$128K	$54K	20x	as long as short
Extended QCOM-USD	+0.0056%	1h	194.80	−0.201%	$102K	$421K	10x	as long as short
Binance QCOMUSDT	+0.0058%	8h	194.85	−0.175%	$11.1M	$22.8M	20x	as long as short
Polymarket Perps QCOM-USD	+0.0061%	1h	194.86	−0.171%	$83K	$894K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.79	−0.206%	$317K	$514K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.75	+10.019%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.58	+0.198%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0610%	1h	195.01	−0.094%	$7.5M	$2.4M	10x	as long as short
edgeX QCOMUSDC	+0.0736%	4h	195.21	+0.006%	$80K	$271K	10x	as long as short