Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.165%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 Bitget

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. Bitget is 0.165% dearer against Lighter than usual: you sell high and buy low (spread +0.165% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	194.32	0.0032	pay 0.0004% / 1h	37m 04s	—	—	10x
Short	Bitget QCOMUSDT	194.64	0	get 0.0000% / 8h	1h 37m	$1.3M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.165%Rate

Funding earned: −$6.72
Price spread: +0.165% → 0.000%: $16.47
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$2.25
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	1.54 bp	8.0 bp −$8	65.7 bp −$657	doesn't fit	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
edgeX QCOMUSDC	−0.0685%	4h	194.63	+0.158%	$81K	$265K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	194.44	+0.061%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.62	+0.154%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.69	+0.190%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.65	+0.170%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDTshort	0.0000%	8h	194.64	+0.165%	$1.3M	$1.2M	20x
Variational Omni QCOM	0.0000%	8h	194.56	+0.122%	$319K	$76K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.46	+0.072%	$605	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.75	+0.221%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.66	+0.175%	$1.6M	$981K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended QCOM-USD	+0.0008%	1h	194.63	+0.158%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0012%	8h	194.66	+0.175%	$10.8M	$23.1M	20x	as long as short
BloFin QCOM-USDT	+0.0012%	8h	194.69	+0.190%	$125K	$50K	20x	as long as short
Lighter QCOMlong	+0.0032%	1h	194.32	long leg	—	—	10x
Polymarket Perps QCOM-USD	+0.0050%	1h	194.52	+0.103%	$94K	$1.3M	10x	as long as short
QFEX QCOM-USD	+0.0056%	1h	194.61	+0.149%	$1.2M	$2.9M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0085%	8h	194.64	+0.165%	$6K	$228K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.35	+0.015%	$316K	$523K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+10.020%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.55	+0.118%	$97K	$259K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0424%	1h	194.59	+0.139%	$7.1M	$2.3M	10x	as long as short