Funding you earn now, next payment 23:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.009%
Price spread now: Polymarket Perps against Injective−8.999%51s7-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 −$5 a day on $10k at the current rate, and Polymarket Perps is 8.999% cheaper against Injective than usual: you would sell low and buy high (−$900 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | 213.79 | 0.0220 | pay 0.0028% / 1h | 33m 34s | $25K | $25K | 12x |
| Short | Polymarket Perps QCOM-USD | 194.55 | 0.0050 | get 0.0006% / 1h | 33m 34s | $89K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$35.63
- Price spread: −8.999% → 0.000%
- −$899.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$943.6
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 0.77 bp | 5.2 bp −$5 | 5.3 bp −$53 | 9.2 bp −$924 | 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 | 194.46 | −9.043% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 194.69 | −8.934% | $1.9M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.70 | −8.929% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.69 | −8.934% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.66 | −8.948% | $1.3M | $1.2M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 194.67 | −8.944% | $319K | $76K | — | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.44 | −9.051% | $599 | $5.0M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.75 | −8.906% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 194.68 | −8.939% | $1.6M | $982K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0027% | 8h | 194.69 | −8.934% | $125K | $50K | 20x | 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 | 194.35 | −9.093% | — | — | 10x | as long as short |
| Extended QCOM-USD | +0.0032% | 1h | 194.65 | −8.953% | $104K | $268K | 10x | as long as short |
| Binance QCOMUSDT | +0.0033% | 8h | 194.67 | −8.944% | $10.8M | $23.1M | 20x | as long as short |
| Polymarket Perps QCOM-USDshort | +0.0050% | 1h | 194.55 | −8.999% | $89K | $1.4M | 10x | |
| QFEX QCOM-USD | +0.0056% | 1h | 194.65 | −8.953% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.43 | −9.056% | $317K | $523K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0108% | 8h | 194.58 | −8.984% | $6K | $228K | 10x | as long as short |
| Injective QCOM/USDC PERPlong | +0.0220% | 1h | 213.79 | long leg | $25K | $25K | 12x | |
| Phoenix QCOM | +0.0329% | 1h | 194.50 | −9.023% | $97K | $259K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0444% | 1h | 194.65 | −8.953% | $7.1M | $2.3M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0944% | 4h | 194.62 | −8.965% | $81K | $266K | 10x | as long as short |
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
Extended QCOM-USD
Binance QCOMUSDT
KuCoin QCOMUSDTM
GRVT QCOM_USDT_Perp
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC