Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Binance against Lighter+0.144%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Binance is 0.144% dearer against Lighter than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	192.38	0.0032	pay 0.0004% / 1h	56m 13s	—	—	10x
Short	Binance QCOMUSDT	192.66	0	get 0.0000% / 8h	7h 56m	$10.8M	$24.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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 LighterbpFee BinancebpOrdersPrice spread, now +0.144%Rate

Funding earned: −$6.72
Price spread: +0.144% → 0.000%: $14.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$2.31
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Binance: live order book, 15 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 Lighter no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	1.29 bp	11.0 bp −$11	31.9 bp −$319	115.0 bp −$11.5K	doesn't fit

Lighter: 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
Bitget QCOMUSDT	−0.0168%	8h	192.52	+0.073%	$1.3M	$1.1M	20x	as long as short
BloFin QCOM-USDT	−0.0017%	8h	193.22	+0.437%	$130K	$55K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.75	+0.190%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.76	+0.198%	$101K	$475K	10x	as long as short
Binance QCOMUSDTshort	0.0000%	8h	192.66	+0.144%	$10.8M	$24.6M	20x
Bybit QCOMUSDT	0.0000%	8h	192.67	+0.151%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.59	+0.109%	$1.8M	$3.8M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.84	+0.239%	$4.4M	$3.4M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	193.30	+0.480%	$306K	$117K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	193.24	+0.447%	$6K	$173K	10x	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	192.57	+0.099%	$568	$4.4M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	193.23	+0.442%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.61	+0.120%	$1.6M	$1.1M	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	192.38	long leg	—	—	10x
QFEX QCOM-USD	+0.0049%	1h	192.55	+0.088%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	192.71	+0.172%	$79K	$830K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.75	+0.192%	$321K	$590K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.204%	$25K	$21K	12x	as long as short
Phoenix QCOM	+0.0414%	1h	193.50	+0.582%	$97K	$237K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0476%	1h	192.86	+0.250%	$7.7M	$2.8M	10x	as long as short
edgeX QCOMUSDC	+0.0755%	4h	193.22	+0.437%	$80K	$274K	10x	as long as short