Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.009%

Price spread now: QFEX against OKX0.000%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on OKX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 7 days−0.051%−$5 · spread now 0.000%, 7d avg −0.048%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.048% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX QCOM-USDT-SWAP	195.80	0	get 0.0000% / 8h	6h 22m	$1.8M	$3.7M	20x
Short	QFEX QCOM-USD	195.80	0.0043	get 0.0005% / 1h	22m 20s	$1.2M	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against OKX. 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 OKXbpFee QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $8.99
Price spread: 0.000% → −0.048%: $4.81
Slippage, 4 orders: −$23.03
Fee OKX: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$29.23
Costs to cover: 0.430%
Break-even: 29.8 days

Slippage from OKX: live order book, 5 min ago; QFEX: live order book, 5 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, 5 min ago	0.77 bp	12.8 bp −$13	25.2 bp −$252	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.28 bp	8.1 bp −$8	9.6 bp −$96	doesn't fit	doesn't fit

QCOM on 20 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	196.11	+0.160%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.92	+0.061%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAPlong	0.0000%	8h	195.80	long leg	$1.8M	$3.7M	20x
Gate QCOM_USDT	0.0000%	8h	195.96	+0.082%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.79	−0.005%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.09	+0.148%	$6K	$193K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.82	+0.010%	$928	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.33	+0.271%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.84	+0.020%	$1.6M	$967K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.87	+0.036%	—	—	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USDshort	+0.0043%	1h	195.80	0.000%	$1.2M	$2.8M	10x
Polymarket Perps QCOM-USD	+0.0066%	1h	195.93	+0.066%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.72	−0.041%	$319K	$534K	20x	as long as short
Variational Omni QCOM	+0.0146%	8h	196.24	+0.224%	$322K	$74K	—	as long as short
Extended QCOM-USD	+0.0192%	1h	195.87	+0.035%	$102K	$407K	10x	as long as short
Binance QCOMUSDT	+0.0195%	8h	195.85	+0.027%	$10.8M	$22.8M	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.41	+9.505%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	196.20	+0.204%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0477%	1h	195.98	+0.092%	$7.3M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0619%	4h	195.72	−0.043%	$81K	$268K	10x	as long as short