Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0520%/8h= +57.0% APRpaid last 24h +0.168%

Price spread now: edgeX against KuCoin+0.034%83s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$330as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3003.003% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.299%−$30 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.034%, 7d avg +0.046%

Together, before fees−0.294%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.299%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% a year). A funding rate is set anew for every payment. 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	195.96	0.0100	pay 0.0100% / 8h	5h 56m	$319K	$542K	20x
Short	edgeX QCOMUSDC	196.03	0.0620	get 0.0310% / 4h	1h 56m	$81K	$271K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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 KuCoinbpFee edgeXbpOrdersPrice spread, now +0.034%Rate

Funding earned: $109.24
Price spread: +0.034% → +0.046%: −$1.17
Slippage, 4 orders: −$279.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$192.23
Costs to cover: 3.003%
Break-even: 19.3 days

Slippage from KuCoin: live order book, 42 min ago; edgeX: live order book, 6 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, 42 min ago	5.66 bp	213.6 bp −$214	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	5.61 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit

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	196.17	+0.106%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	196.14	+0.092%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.24	+0.143%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.29	+0.168%	$4.5M	$3.3M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.24	+0.143%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.07	+0.057%	$6K	$192K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	196.17	+0.107%	$1K	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.24	+0.143%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.30	+0.174%	$1.6M	$993K	10x	as long as short
Lighter QCOM	+0.0032%	1h	196.00	+0.020%	—	—	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	+0.0062%	1h	196.15	+0.097%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTMlong	+0.0100%	8h	195.96	long leg	$319K	$542K	20x
Variational Omni QCOM	+0.0132%	8h	196.25	+0.149%	$322K	$74K	—	as long as short
Binance QCOMUSDT	+0.0183%	8h	196.26	+0.151%	$11.1M	$23.3M	20x	as long as short
Extended QCOM-USD	+0.0184%	1h	196.19	+0.116%	$107K	$412K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.49	+9.966%	$26K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0295%	1h	196.29	+0.168%	$83K	$895K	10x	as long as short
Phoenix QCOM	+0.0326%	1h	196.29	+0.168%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0559%	1h	196.37	+0.209%	$7.4M	$2.3M	10x	as long as short
edgeX QCOMUSDCshort	+0.0620%	4h	196.03	+0.034%	$81K	$271K	10x