Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0683%/8h= +74.8% APRnext payment +$0.85 per $10,000 · paid last 24h —

Price spread now: tradeXYZ 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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and tradeXYZ 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	193.57	0.0032	pay 0.0004% / 1h	46m 01s	—	—	10x
Short	tradeXYZ xyz:QCOM	193.78	0.0715	get 0.0089% / 1h	46m 01s	$7.5M	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.108%Rate

Funding earned: $143.46
Price spread: +0.108% → 0.000%: $10.85
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $136.31
Costs to cover: 0.180%
Break-even: 0.3 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	0.77 bp	15.5 bp −$16	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
Bitget QCOMUSDT	−0.0207%	8h	193.70	+0.067%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	193.64	+0.038%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	193.68	+0.057%	$1.9M	$2.2M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	193.65	+0.041%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	193.68	+0.057%	$4.4M	$3.3M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	193.64	+0.037%	$307K	$84K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	193.99	+0.219%	$6K	$186K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	193.46	−0.057%	$932	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.03	+0.238%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	193.64	+0.036%	$1.6M	$1.0M	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	193.57	long leg	—	—	10x
Extended QCOM-USD	+0.0032%	1h	193.61	+0.020%	$101K	$472K	10x	as long as short
Binance QCOMUSDT	+0.0035%	8h	193.66	+0.046%	$11.0M	$23.7M	20x	as long as short
BloFin QCOM-USDT	+0.0046%	8h	193.67	+0.052%	$129K	$54K	20x	as long as short
QFEX QCOM-USD	+0.0058%	1h	193.66	+0.046%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	193.48	−0.046%	$316K	$550K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.60	+9.831%	$25K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0237%	1h	193.69	+0.062%	$78K	$897K	10x	as long as short
Phoenix QCOM	+0.0496%	1h	194.01	+0.227%	$97K	$239K	10x	as long as short
tradeXYZ xyz:QCOMshort	+0.0715%	1h	193.78	+0.108%	$7.5M	$2.6M	10x
edgeX QCOMUSDC	+0.0992%	4h	193.70	+0.067%	$80K	$273K	10x	as long as short