Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: Polymarket Perps against Lighter+0.167%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 Polymarket Perps

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 +$1 a day on $10k at the current rate, and Polymarket Perps is 0.167% dearer against Lighter than usual: you sell high and buy low: +$17 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	192.00	0.0032	pay 0.0004% / 1h	52m 14s	—	—	10x
Short	Polymarket Perps QCOM-USD	192.32	0.0050	get 0.0006% / 1h	52m 14s	$79K	$830K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.167%Rate

Funding earned: $3.78
Price spread: +0.167% → 0.000%: $16.67
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $12.45
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 26 min ago	2.07 bp	6.1 bp −$6	7.3 bp −$73	10.3 bp −$1,032	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
GRVT QCOM_USDT_Perp	−0.0242%	8h	192.36	+0.188%	$6K	$172K	10x	as long as short
Bitget QCOMUSDT	−0.0158%	8h	192.30	+0.156%	$1.3M	$1.1M	20x	as long as short
BloFin QCOM-USDT	−0.0026%	8h	192.33	+0.172%	$129K	$54K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.31	+0.159%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.17	+0.090%	$100K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.21	+0.109%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.25	+0.130%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.37	+0.193%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.38	+0.198%	$4.4M	$3.4M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.67	+0.348%	$305K	$117K	—	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	192.28	+0.146%	$698	$4.3M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.33	+0.172%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.16	+0.083%	$1.6M	$1.1M	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	192.00	long leg	—	—	10x
QFEX QCOM-USD	+0.0049%	1h	192.22	+0.115%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USDshort	+0.0050%	1h	192.32	+0.167%	$79K	$830K	10x
KuCoin QCOMUSDTM	+0.0100%	8h	192.53	+0.276%	$321K	$591K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.422%	$25K	$21K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0451%	1h	192.50	+0.260%	$7.7M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0497%	1h	192.27	+0.141%	$96K	$237K	10x	as long as short
edgeX QCOMUSDC	+0.0726%	4h	192.31	+0.163%	$79K	$274K	10x	as long as short