Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Phemex−0.031%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$850.848% of the position

Long on Phemex Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.031%, 7d avg −0.003%

Together, before fees−0.070%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex QCOMUSDT	194.67	0	get 0.0000% / 8h	1h 36m	$1.6M	$981K	10x
Short	Bitget QCOMUSDT	194.61	0	get 0.0000% / 8h	1h 36m	$1.3M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now −0.031%Rate

Funding earned: $0
Price spread: −0.031% → −0.003%: −$2.8
Slippage, 4 orders: −$60.78
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$87.58
Costs to cover: 0.848%
Break-even: never at this rate

Slippage from Phemex: live order book, 2 min ago; Bitget: 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 Phemex live order book, 2 min ago	2.83 bp	27.3 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.54 bp	8.0 bp −$8	65.7 bp −$657	doesn't fit	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
edgeX QCOMUSDC	−0.0685%	4h	194.63	−0.023%	$81K	$265K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	194.45	−0.112%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.62	−0.026%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.69	+0.010%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.65	−0.010%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDTshort	0.0000%	8h	194.61	−0.031%	$1.3M	$1.2M	20x
Variational Omni QCOM	0.0000%	8h	194.56	−0.058%	$319K	$76K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.50	−0.087%	$712	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.75	+0.041%	$10K	$10K	20x	as long as short
Phemex QCOMUSDTlong	0.0000%	8h	194.67	long leg	$1.6M	$981K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QCOM-USDT	+0.0012%	8h	194.69	+0.010%	$125K	$50K	20x	as long as short
Extended QCOM-USD	+0.0016%	1h	194.66	−0.008%	$104K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0020%	8h	194.67	0.000%	$10.8M	$23.1M	20x	as long as short
Lighter QCOM	+0.0032%	1h	194.34	−0.170%	—	—	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.54	−0.067%	$89K	$1.4M	10x	as long as short
QFEX QCOM-USD	+0.0056%	1h	194.58	−0.046%	$1.2M	$2.9M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0085%	8h	194.64	−0.015%	$6K	$228K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.39	−0.144%	$316K	$523K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+9.822%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.55	−0.062%	$97K	$259K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0428%	1h	194.62	−0.026%	$7.1M	$2.3M	10x	as long as short