Funding you earn now, next payment 08:00 UTC−0.0333%/8h= −36.5% APRnext payment −$3.33 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.114%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2402.399% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.114%, 7d avg +0.078%
=The price spread pays, funding is against you. Bitget is 0.035% dearer against KuCoin than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.078%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.210% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.210% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QCOMUSDTM | 193.23 | 0.0100 | pay 0.0100% / 8h | 3h 00m | $315K | $549K | 20x |
| Short | Bitget QCOMUSDT | 193.45 | −0.0233 | pay 0.0233% / 8h | 3h 00m | $1.3M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$69.93
- Price spread: +0.114% → +0.078%
- $3.54
- Slippage, 4 orders
- −$215.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$306.34
- Costs to cover
- 2.399%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 73 min ago; Bitget: live order book, 1 min ago.
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 KuCoin live order book, 73 min ago | 16.37 bp | 98.7 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.07 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
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 QCOMUSDTshort | −0.0233% | 8h | 193.45 | +0.114% | $1.3M | $1.1M | 20x | |
| Aster QCOMUSDT | 0.0000% | 8h | 193.36 | +0.065% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.53 | +0.155% | $1.9M | $2.2M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.34 | +0.057% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.44 | +0.109% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.37 | +0.073% | $306K | $84K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.52 | +0.150% | $6K | $186K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.17 | −0.031% | $896 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.48 | +0.129% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.40 | +0.088% | $1.6M | $1.0M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0029% | 1h | 193.45 | +0.114% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.16 | −0.036% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0042% | 8h | 193.44 | +0.109% | $128K | $54K | 20x | as long as short |
| Extended QCOM-USD | +0.0048% | 1h | 193.36 | +0.069% | $101K | $446K | 10x | as long as short |
| Binance QCOMUSDT | +0.0049% | 8h | 193.42 | +0.098% | $11.0M | $23.6M | 20x | as long as short |
| KuCoin QCOMUSDTMlong | +0.0100% | 8h | 193.23 | long leg | $315K | $549K | 20x | |
| Polymarket Perps QCOM-USD | +0.0212% | 1h | 193.43 | +0.104% | $77K | $897K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.38 | +9.910% | $25K | $25K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0325% | 4h | 193.49 | +0.133% | $80K | $273K | 10x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 193.56 | +0.171% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0693% | 1h | 193.54 | +0.160% | $7.5M | $2.6M | 10x | as long as short |
KuCoin QCOMUSDTM
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
edgeX QCOMUSDC
Phoenix QCOM
tradeXYZ xyz:QCOM