Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h +0.010%

Price spread now: GRVT against Injective−9.056%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 GRVT

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 airdropGRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 9.056% cheaper against Injective than usual: you would sell low and buy high (−$906 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective QCOM/USDC PERP	211.82	0.0220	pay 0.0028% / 1h	36m 13s	$25K	$25K	12x
Short	GRVT QCOM_USDT_Perp	192.64	0	get 0.0000% / 8h	1h 36m	$6K	$183K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −9.056%Rate

Funding earned: −$46.2
Price spread: −9.056% → 0.000%: −$905.58
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$960.8
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; GRVT: live order book, 6 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 GRVT live order book, 6 min ago	2.34 bp	15.3 bp −$15	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 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	−0.0401%	8h	192.79	−8.984%	$1.3M	$1.2M	20x	as long as short
edgeX QCOMUSDC	−0.0292%	4h	192.60	−9.074%	$79K	$273K	10x	as long as short
BloFin QCOM-USDT	−0.0018%	8h	192.61	−9.069%	$130K	$54K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.65	−9.050%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.60	−9.076%	$101K	$477K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.66	−9.047%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.63	−9.060%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.63	−9.060%	$1.8M	$3.8M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.70	−9.027%	$4.4M	$3.5M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.58	−9.083%	$321K	$100K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT QCOM_USDT_Perpshort	0.0000%	8h	192.64	−9.056%	$6K	$183K	10x
SunX QCOM-USDT	0.0000%	8h	192.55	−9.097%	$712	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.76	−8.998%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.69	−9.031%	$1.6M	$1.1M	10x	as long as short
Lighter QCOM	+0.0032%	1h	192.62	−9.064%	—	—	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	192.66	−9.045%	$75K	$885K	10x	as long as short
QFEX QCOM-USD	+0.0051%	1h	192.63	−9.060%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.48	−9.130%	$320K	$572K	20x	as long as short
Injective QCOM/USDC PERPlong	+0.0220%	1h	211.82	long leg	$25K	$25K	12x
tradeXYZ xyz:QCOM	+0.0447%	1h	192.80	−8.979%	$7.6M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0496%	1h	192.74	−9.008%	$96K	$239K	10x	as long as short