Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h —

Price spread now: QFEX against Lighter+0.046%52s7-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 QFEX

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.046% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	195.98	0.0032	pay 0.0004% / 1h	42m 44s	—	—	10x
Short	QFEX QCOM-USD	196.07	0.0032	get 0.0004% / 1h	42m 44s	$1.2M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → 0.000%: $4.59
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$5.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; QFEX: 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 QFEX live order book, 5 min ago	2.04 bp	8.5 bp −$9	12.0 bp −$120	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	−0.0562%	4h	195.96	−0.009%	$81K	$272K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	196.18	+0.100%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	196.04	+0.031%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.10	+0.061%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.15	+0.087%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.03	+0.026%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.03	+0.023%	$6K	$190K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.90	−0.041%	$899	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.20	+0.112%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.10	+0.061%	$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
Lighter QCOMlong	+0.0032%	1h	195.98	long leg	—	—	10x
QFEX QCOM-USDshort	+0.0032%	1h	196.07	+0.046%	$1.2M	$3.3M	10x
Variational Omni QCOM	+0.0049%	8h	195.96	−0.011%	$318K	$78K	—	as long as short
Polymarket Perps QCOM-USD	+0.0090%	1h	196.13	+0.077%	$83K	$894K	10x	as long as short
BloFin QCOM-USDT	+0.0093%	8h	196.04	+0.031%	$129K	$54K	20x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	196.04	+0.031%	$319K	$522K	20x	as long as short
Binance QCOMUSDT	+0.0111%	8h	196.10	+0.061%	$11.1M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0112%	1h	196.05	+0.036%	$102K	$418K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.78	+10.103%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.99	+0.005%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0488%	1h	196.18	+0.102%	$7.4M	$2.4M	10x	as long as short