Funding you earn now, next payment 08:00 UTC+0.0237%/8h= +26.0% APRnext payment +$2.37 per $10,000 · paid last 24h +0.028%
Price spread now: Variational Omni against GRVT+0.010%59s7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.010%, 7d avg −0.019%
=Together, before fees+0.012%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.029% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 59 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 3 days it paid 0.015% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 per $10,000. 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 | 195.88 | 0 | get 0.0000% / 8h | 7h 14m | $6K | $197K | 10x |
| Short | Variational Omni QCOM | 195.90 | 0.0237 | get 0.0237% / 8h | 7h 14m | $322K | $74K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $49.85
- Price spread: +0.010% → −0.019%
- $2.93
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $43.78
- Costs to cover
- 0.090%
- Break-even
- 0.9 days
Slippage unknown: GRVT: live order book, 58 min ago; Variational Omni: RFQ quote, 59 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, 58 min ago | 1.53 bp | 12.4 bp −$12 | 836.7 bp −$8,367 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 2.66 bp | doesn't fit | 52.8 bp −$528 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0930% | 4h | 195.79 | −0.050% | $82K | $269K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.66 | −0.113% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.82 | −0.033% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.81 | −0.038% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.79 | −0.048% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perplong | 0.0000% | 8h | 195.88 | long leg | $6K | $197K | 10x | |
| SunX QCOM-USDT | 0.0000% | 8h | 195.82 | −0.033% | $750 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.90 | +0.008% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.94 | +0.028% | $1.6M | $962K | 10x | as long as short |
| Bybit QCOMUSDT | +0.0019% | 8h | 195.86 | −0.013% | $2.0M | $1.7M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.59 | −0.151% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.68 | −0.105% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.94 | +0.028% | $85K | $885K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.64 | −0.125% | $319K | $519K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.15 | +9.835% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOMshort | +0.0237% | 8h | 195.90 | +0.010% | $322K | $74K | — | |
| BloFin QCOM-USDT | +0.0246% | 8h | 195.85 | −0.018% | $128K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0272% | 8h | 195.78 | −0.054% | $10.9M | $22.7M | 20x | as long as short |
| Extended QCOM-USD | +0.0272% | 1h | 195.75 | −0.070% | $107K | $402K | 10x | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 196.02 | +0.069% | $98K | $249K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0367% | 1h | 195.77 | −0.059% | $7.2M | $2.2M | 10x | as long as short |
GRVT QCOM_USDT_Perp
Variational Omni QCOM
edgeX QCOMUSDC
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Bybit QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
Phoenix QCOM
tradeXYZ xyz:QCOM