Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: OKX 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 OKX

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. OKX is 0.108% dearer against Lighter than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	194.03	0.0032	pay 0.0004% / 1h	8m 32s	—	—	10x
Short	OKX QCOM-USDT-SWAP	194.24	0	get 0.0000% / 8h	2h 08m	$1.7M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$6.72
Price spread: +0.108% → 0.000%: $10.82
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$5.9
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; OKX: 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 OKX live order book, 4 min ago	2.32 bp	9.7 bp −$10	33.1 bp −$331	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	194.12	+0.046%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	194.30	+0.137%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	194.32	+0.149%	$10.7M	$23.1M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.37	+0.175%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAPshort	0.0000%	8h	194.24	+0.108%	$1.7M	$3.7M	20x
Gate QCOM_USDT	0.0000%	8h	194.28	+0.129%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.29	+0.134%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.32	+0.148%	$318K	$76K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.15	+0.062%	$947	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.45	+0.216%	$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	194.33	+0.155%	$1.6M	$978K	10x	as long as short
BloFin QCOM-USDT	+0.0013%	8h	194.30	+0.139%	$125K	$50K	20x	as long as short
GRVT QCOM_USDT_Perp	+0.0013%	8h	194.29	+0.133%	$6K	$237K	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	194.03	long leg	—	—	10x
QFEX QCOM-USD	+0.0034%	1h	194.27	+0.124%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.23	+0.103%	$85K	$1.3M	10x	as long as short
edgeX QCOMUSDC	+0.0073%	4h	194.32	+0.147%	$81K	$264K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.10	+0.036%	$316K	$529K	20x	as long as short
Phoenix QCOM	+0.0206%	1h	194.38	+0.180%	$97K	$259K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.43	+9.998%	$25K	$25K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0292%	1h	194.24	+0.108%	$7.1M	$2.3M	10x	as long as short