Funding you earn now, next payment 06:00 UTC+0.0671%/8h= +73.5% APRpaid last 24h +0.049%
Price spread now: tradeXYZ against GRVT+0.029%106s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$690.694% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.029%, 7d avg −0.048%
=Together, before fees+0.088%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and tradeXYZ is 0.077% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT QCOM_USDT_Perp | 193.00 | 0 | get 0.0000% / 8h | 2h 05m | $6K | $184K | 10x |
| Short | tradeXYZ xyz:QCOM | 193.06 | 0.0671 | get 0.0084% / 1h | 5m 41s | $7.6M | $2.7M | 10x |
GRVT QCOM_USDT_Perp
tradeXYZ xyz:QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $140.99
- Price spread: +0.029% → −0.048%
- $7.72
- Slippage, 4 orders
- −$42.43
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $79.28
- Costs to cover
- 0.694%
- Break-even
- 3.1 days
Slippage from GRVT: live order book, 42 min ago; tradeXYZ: 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, 42 min ago | 2.32 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.04 bp | 18.2 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0453% | 8h | 193.04 | +0.018% | $1.3M | $1.2M | 20x | as long as short |
| edgeX QCOMUSDC | −0.0417% | 4h | 192.96 | −0.025% | $80K | $273K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.86 | −0.073% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.01 | +0.003% | $1.7M | $2.4M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.96 | −0.023% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.02 | +0.008% | $4.5M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.96 | −0.025% | $322K | $100K | — | as long as short |
| GRVT QCOM_USDT_Perplong | 0.0000% | 8h | 193.00 | long leg | $6K | $184K | 10x | |
| SunX QCOM-USDT | 0.0000% | 8h | 192.76 | −0.127% | $773 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.12 | +0.060% | $9K | $11K | 20x | as long as short |
Bitget QCOMUSDT
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
SunX QCOM-USDT
HTX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 193.00 | −0.002% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0005% | 8h | 193.11 | +0.055% | $129K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0016% | 8h | 192.98 | −0.013% | $10.9M | $24.2M | 20x | as long as short |
| Extended QCOM-USD | +0.0016% | 1h | 192.93 | −0.041% | $101K | $474K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.87 | −0.070% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0058% | 1h | 192.98 | −0.013% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.77 | −0.121% | $320K | $558K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 211.17 | +9.412% | $25K | $25K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0250% | 1h | 192.99 | −0.007% | $76K | $889K | 10x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 193.06 | +0.029% | $96K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0671% | 1h | 193.06 | +0.029% | $7.6M | $2.7M | 10x |
Phemex QCOMUSDT
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
Lighter QCOM
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
Phoenix QCOM