Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h —

Price spread now: KuCoin against Lighter+0.108%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 KuCoin

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.108% dearer against Lighter than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	194.00	0.0032	pay 0.0004% / 1h	47m 41s	—	—	10x
Short	KuCoin QCOMUSDTM	194.21	0.0100	get 0.0100% / 8h	3h 47m	$316K	$519K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.108%Rate

Funding earned: $14.28
Price spread: +0.108% → 0.000%: $10.82
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $13.1
Costs to cover: 0.120%
Break-even: 0.6 days

Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 26 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 KuCoin live order book, 26 min ago	16.37 bp	63.8 bp −$64	doesn't fit	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
Aster QCOMUSDT	0.0000%	8h	194.28	+0.145%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.34	+0.175%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.56	+0.289%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.51	+0.263%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.55	+0.284%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.66	+0.338%	$308K	$85K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	194.87	+0.449%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	194.24	+0.124%	$977	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.74	+0.381%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.50	+0.258%	$1.6M	$997K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0029%	1h	194.44	+0.227%	$1.2M	$3.2M	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	194.00	long leg	—	—	10x
BloFin QCOM-USDT	+0.0046%	8h	194.41	+0.211%	$128K	$54K	20x	as long as short
Extended QCOM-USD	+0.0048%	1h	194.36	+0.184%	$101K	$424K	10x	as long as short
Binance QCOMUSDT	+0.0049%	8h	194.51	+0.263%	$11.1M	$22.9M	20x	as long as short
Polymarket Perps QCOM-USD	+0.0098%	1h	194.38	+0.196%	$83K	$894K	10x	as long as short
KuCoin QCOMUSDTMshort	+0.0100%	8h	194.21	+0.108%	$316K	$519K	20x
Injective QCOM/USDC PERP	+0.0220%	1h	214.75	+10.696%	$26K	$25K	12x	as long as short
edgeX QCOMUSDC	+0.0319%	4h	194.80	+0.411%	$80K	$272K	10x	as long as short
Phoenix QCOM	+0.0450%	1h	195.10	+0.567%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0685%	1h	194.68	+0.351%	$7.5M	$2.5M	10x	as long as short