Funding you earn now, next payment 22:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.021%
Price spread now: Bybit against Injective−8.936%98s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 8.936% cheaper against Injective than usual: you would sell low and buy high (−$894 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 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 | Injective QCOM/USDC PERP | 213.18 | 0.0220 | pay 0.0028% / 1h | 33m 46s | $25K | $25K | 12x |
| Short | Bybit QCOMUSDT | 194.13 | 0 | get 0.0000% / 8h | 2h 33m | $1.9M | $2.0M | 25x |
Injective QCOM/USDC PERP
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- −$46.2
- Price spread: −8.936% → 0.000%
- −$893.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$950.83
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 2.58 bp | 40.4 bp −$40 | 111.0 bp −$1,110 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 194.02 | −8.990% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 194.06 | −8.970% | $104K | $268K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 194.11 | −8.945% | $10.7M | $23.1M | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 194.13 | −8.936% | $1.9M | $2.0M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.03 | −8.983% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.13 | −8.936% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.11 | −8.945% | $1.3M | $1.2M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 194.10 | −8.949% | $318K | $76K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 194.08 | −8.961% | $6K | $241K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.76 | −9.110% | $674 | $5.0M | 10x | as long as short |
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 194.20 | −8.903% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 194.09 | −8.955% | $1.6M | $978K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0004% | 8h | 194.21 | −8.899% | $126K | $50K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.90 | −9.044% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0034% | 1h | 194.03 | −8.983% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 194.05 | −8.974% | $86K | $1.3M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.00 | −8.997% | $317K | $517K | 20x | as long as short |
| Phoenix QCOM | +0.0206% | 1h | 193.97 | −9.011% | $97K | $259K | 10x | as long as short |
| Injective QCOM/USDC PERPlong | +0.0220% | 1h | 213.18 | long leg | $25K | $25K | 12x | |
| tradeXYZ xyz:QCOM | +0.0222% | 1h | 194.04 | −8.978% | $7.1M | $2.3M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0902% | 4h | 194.05 | −8.974% | $81K | $264K | 10x | as long as short |
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC