Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0399%/8h= +43.7% APRpaid last 24h +0.150%

Price spread now: edgeX against Injective−8.719%7-day average — · you buy dearer than you sell

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

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 8.719% cheaper against Injective than usual: you would sell low and buy high (spread −8.719% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$872 on $10k: about 2 months of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective QCOM/USDC PERP	214.41	0.0220	pay 0.0028% / 1h	23m 55s	$25K	$25K	12x
Short	edgeX QCOMUSDC	195.72	0.0619	get 0.0309% / 4h	2h 23m	$81K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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 InjectivebpFee edgeXbpOrdersPrice spread, now −8.719%Rate

Funding earned: $83.78
Price spread: −8.719% → 0.000%: −$871.92
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$797.16
Costs to cover: 0.090%
Break-even: 73.6 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 44 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 edgeX live order book, 44 min ago	5.61 bp	13.6 bp −$14	doesn't fit	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 20 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	196.07	−8.553%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	196.14	−8.521%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.27	−8.460%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.24	−8.474%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.29	−8.451%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.74	−8.708%	$6K	$193K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	196.20	−8.493%	$799	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.33	−8.432%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.21	−8.488%	$1.6M	$965K	10x	as long as short
Lighter QCOM	+0.0032%	1h	196.06	−8.558%	—	—	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0043%	1h	196.13	−8.526%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0067%	1h	196.27	−8.460%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.83	−8.666%	$319K	$531K	20x	as long as short
Variational Omni QCOM	+0.0146%	8h	196.24	−8.476%	$322K	$74K	—	as long as short
Extended QCOM-USD	+0.0192%	1h	196.13	−8.528%	$102K	$407K	10x	as long as short
Binance QCOMUSDT	+0.0195%	8h	196.18	−8.504%	$10.9M	$22.8M	20x	as long as short
Injective QCOM/USDC PERPlong	+0.0220%	1h	214.41	long leg	$25K	$25K	12x
Phoenix QCOM	+0.0326%	1h	195.54	−8.801%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0477%	1h	196.27	−8.460%	$7.3M	$2.3M	10x	as long as short
edgeX QCOMUSDCshort	+0.0619%	4h	195.72	−8.719%	$81K	$268K	10x