Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.051%
Price spread now: Phoenix against Injective−8.989%7-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
Funding pays, the price is against you. Phoenix is 8.989% cheaper against Injective than usual: you would sell low and buy high (spread −8.989% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$899 on $10k: about 9 months of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective QCOM/USDC PERP | 215.15 | 0.0220 | pay 0.0028% / 1h | 12m 33s | $26K | $25K | 12x |
| Short | Phoenix QCOM | 195.81 | 0.0327 | get 0.0041% / 1h | 12m 33s | $98K | $249K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $22.38
- Price spread: −8.989% → 0.000%
- −$898.91
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$883.55
- Costs to cover
- 0.070%
- Break-even
- 283.4 days
Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 57 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 Phoenix live order book, 57 min ago | 7.66 bp | 22.0 bp −$22 | 48.9 bp −$489 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0866% | 4h | 195.91 | −8.944% | $82K | $270K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.87 | −8.961% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.90 | −8.947% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.96 | −8.919% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.94 | −8.929% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.86 | −8.966% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.90 | −8.947% | $6K | $197K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.80 | −8.994% | $683 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.22 | −8.799% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.91 | −8.943% | $1.6M | $964K | 10x | 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 | 195.80 | −8.994% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.89 | −8.952% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.91 | −8.943% | $85K | $885K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.82 | −8.984% | $319K | $520K | 20x | as long as short |
| Injective QCOM/USDC PERPlong | +0.0220% | 1h | 215.15 | long leg | $26K | $25K | 12x | |
| Variational Omni QCOM | +0.0237% | 8h | 195.90 | −8.945% | $322K | $74K | — | as long as short |
| BloFin QCOM-USDT | +0.0262% | 8h | 195.85 | −8.970% | $127K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0268% | 8h | 195.95 | −8.925% | $10.8M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0272% | 1h | 195.91 | −8.945% | $107K | $402K | 10x | as long as short |
| Phoenix QCOMshort | +0.0327% | 1h | 195.81 | −8.989% | $98K | $249K | 10x | |
| tradeXYZ xyz:QCOM | +0.0362% | 1h | 196.00 | −8.901% | $7.2M | $2.2M | 10x | as long as short |
Injective QCOM/USDC PERP
Phoenix QCOM
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
tradeXYZ xyz:QCOM