Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: SunX against Lighter+0.052%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 SunX

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. SunX is 0.052% dearer against Lighter than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	192.27	0.0032	pay 0.0004% / 1h	38m 30s	—	—	10x
Short	SunX QCOM-USDT	192.37	0	get 0.0000% / 8h	7h 38m	$856	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$6.72
Price spread: +0.052% → 0.000%: $5.2
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$9.52
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago	500.33 bp	doesn't fit	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
GRVT QCOM_USDT_Perp	−0.0258%	8h	192.41	+0.075%	$6K	$170K	10x	as long as short
Bitget QCOMUSDT	−0.0133%	8h	192.33	+0.031%	$1.3M	$1.1M	20x	as long as short
edgeX QCOMUSDC	−0.0132%	4h	192.33	+0.029%	$79K	$274K	10x	as long as short
BloFin QCOM-USDT	−0.0027%	8h	192.41	+0.073%	$129K	$54K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.53	+0.136%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.30	+0.013%	$104K	$479K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.30	+0.016%	$10.7M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.36	+0.047%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.23	−0.021%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.42	+0.078%	$4.4M	$3.4M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QCOM	0.0000%	8h	192.32	+0.025%	$305K	$117K	—	as long as short
SunX QCOM-USDTshort	0.0000%	8h	192.37	+0.052%	$856	$4.3M	10x
HTX QCOM-USDT	0.0000%	8h	192.61	+0.177%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.35	+0.042%	$1.6M	$1.1M	10x	as long as short
Lighter QCOMlong	+0.0032%	1h	192.27	long leg	—	—	10x
QFEX QCOM-USD	+0.0049%	1h	192.30	+0.016%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	192.27	0.000%	$79K	$766K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.25	−0.010%	$320K	$598K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.267%	$25K	$21K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0486%	1h	192.41	+0.073%	$7.7M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0497%	1h	192.40	+0.068%	$96K	$237K	10x	as long as short