Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Gate against Lighter+0.072%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 Gate

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. Gate is 0.072% dearer against Lighter than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	195.21	0.0032	pay 0.0004% / 1h	58m 16s	—	—	10x
Short	Gate QCOM_USDT	195.35	0	get 0.0000% / 8h	3h 58m	$4.4M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.072%Rate

Funding earned: −$6.72
Price spread: +0.072% → 0.000%: $7.17
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$14.55
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago	3.33 bp	45.5 bp −$45	56.2 bp −$562	83.1 bp −$8,313	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	−0.0730%	4h	195.38	+0.089%	$81K	$273K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.42	+0.107%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.23	+0.010%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.33	+0.061%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDTshort	0.0000%	8h	195.35	+0.072%	$4.4M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	195.33	+0.061%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	195.39	+0.093%	$317K	$78K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.38	+0.087%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.18	−0.015%	$839	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.42	+0.108%	$10K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	195.30	+0.046%	$1.6M	$990K	10x	as long as short
QFEX QCOM-USD	+0.0029%	1h	195.20	−0.005%	$1.2M	$3.2M	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	195.21	long leg	—	—	10x
BloFin QCOM-USDT	+0.0042%	8h	195.43	+0.113%	$129K	$54K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.33	+0.061%	$83K	$894K	10x	as long as short
Extended QCOM-USD	+0.0064%	1h	195.24	+0.013%	$103K	$421K	10x	as long as short
Binance QCOMUSDT	+0.0067%	8h	195.29	+0.041%	$11.1M	$22.7M	20x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.24	+0.015%	$318K	$512K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.12	+10.199%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.36	+0.077%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0549%	1h	195.48	+0.138%	$7.5M	$2.4M	10x	as long as short