Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against OKX−0.033%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.033%, 7d avg −0.009%
=Funding pays, the price is against you. Binance is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of −0.009%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.061% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QCOM-USDT-SWAP | 196.05 | 0 | get 0.0000% / 8h | 4h 45m | $1.8M | $3.7M | 20x |
| Short | Binance QCOMUSDT | 195.98 | 0.0112 | get 0.0112% / 8h | 4h 45m | $11.1M | $22.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.44
- Price spread: −0.033% → −0.009%
- −$2.46
- Slippage, 4 orders
- −$22.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.54
- Costs to cover
- 0.425%
- Break-even
- 13.4 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 10 min ago.
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 OKX live order book, 1 min ago | 2.55 bp | 11.8 bp −$12 | 27.1 bp −$271 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.02 bp | 11.4 bp −$11 | 26.0 bp −$260 | 122.4 bp −$12.2K | doesn't fit |
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 | 195.91 | −0.070% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.81 | −0.122% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAPlong | 0.0000% | 8h | 196.05 | long leg | $1.8M | $3.7M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 195.99 | −0.031% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.01 | −0.020% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.96 | −0.046% | $6K | $191K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.80 | −0.128% | $613 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.05 | 0.000% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 196.03 | −0.010% | $1.6M | $1.0M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.75 | −0.153% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0032% | 1h | 195.96 | −0.046% | $1.2M | $3.3M | 10x | as long as short |
| Variational Omni QCOM | +0.0049% | 8h | 195.96 | −0.047% | $318K | $78K | — | as long as short |
| Polymarket Perps QCOM-USD | +0.0064% | 1h | 196.01 | −0.020% | $83K | $894K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.85 | −0.102% | $319K | $523K | 20x | as long as short |
| Binance QCOMUSDTshort | +0.0112% | 8h | 195.98 | −0.033% | $11.1M | $22.9M | 20x | |
| Extended QCOM-USD | +0.0112% | 1h | 195.93 | −0.060% | $102K | $418K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0129% | 4h | 195.89 | −0.081% | $81K | $272K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0133% | 8h | 195.89 | −0.082% | $129K | $54K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.78 | +10.064% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.98 | −0.036% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0470% | 1h | 196.14 | +0.046% | $7.4M | $2.4M | 10x | as long as short |
OKX QCOM-USDT-SWAP
Binance QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Variational Omni QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Extended QCOM-USD
edgeX QCOMUSDC
BloFin QCOM-USDT
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM