Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.001%

Price spread now: Polymarket Perps against KuCoin+0.082%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$200as in the Funding arb table

Net, price: spread back to 7d avg − costs−$184as in the Price arb table

costs, in and out, $10k−$1911.907% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.082%, 7d avg +0.011%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.071% dearer against KuCoin than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.011%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QCOMUSDTM	194.15	0.0100	pay 0.0100% / 8h	2h 03m	$316K	$531K	20x
Short	Polymarket Perps QCOM-USD	194.31	0.0050	get 0.0006% / 1h	3m 17s	$85K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$10.5
Price spread: +0.082% → +0.011%: $7.1
Slippage, 4 orders: −$170.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$194.07
Costs to cover: 1.907%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Polymarket Perps: live order book, 5 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, 9 min ago	19.32 bp	104.8 bp −$105	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.54 bp	6.1 bp −$6	9.1 bp −$91	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
edgeX QCOMUSDC	−0.0141%	4h	194.31	+0.081%	$81K	$265K	10x	as long as short
BloFin QCOM-USDT	−0.0011%	8h	194.37	+0.113%	$126K	$50K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	194.22	+0.035%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	194.32	+0.087%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	194.32	+0.085%	$10.7M	$23.1M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.37	+0.113%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.30	+0.077%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.29	+0.072%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.29	+0.072%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.33	+0.091%	$318K	$76K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QCOM-USDT	0.0000%	8h	194.13	−0.010%	$976	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.40	+0.129%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.34	+0.098%	$1.6M	$979K	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0013%	8h	194.29	+0.072%	$6K	$237K	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.14	−0.005%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0034%	1h	194.26	+0.057%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USDshort	+0.0050%	1h	194.31	+0.082%	$85K	$1.3M	10x
KuCoin QCOMUSDTMlong	+0.0100%	8h	194.15	long leg	$316K	$531K	20x
Phoenix QCOM	+0.0206%	1h	194.35	+0.103%	$97K	$259K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.43	+9.930%	$25K	$25K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0289%	1h	194.34	+0.098%	$7.1M	$2.3M	10x	as long as short