Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +17.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.068%
Price spread now: BloFin against Phemex+0.046%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.046%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.063% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QCOMUSDT | 195.92 | 0 | get 0.0000% / 8h | 5h 12m | $1.6M | $1.0M | 10x |
| Short | BloFin QCOM-USDT | 196.01 | 0.0164 | get 0.0164% / 8h | 5h 12m | $129K | $55K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $34.37
- Price spread: +0.046% → −0.017%
- $6.29
- Slippage, 4 orders
- −$56.34
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.68
- Costs to cover
- 0.803%
- Break-even
- 15.1 days
Slippage from Phemex: live order book, 5 min ago; BloFin: live order book, 23 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, 5 min ago | 2.04 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 2.81 bp | 10.8 bp −$11 | 24.4 bp −$244 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.89 | −0.013% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.85 | −0.036% | $2.5M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.96 | +0.020% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.98 | +0.031% | $4.4M | $3.3M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.94 | +0.010% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 196.01 | +0.046% | $6K | $191K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.63 | −0.148% | $835 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.13 | +0.107% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 195.92 | long leg | $1.6M | $1.0M | 10x | |
| Lighter QCOM | +0.0032% | 1h | 195.75 | −0.087% | — | — | 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 | +0.0062% | 1h | 195.89 | −0.015% | $1.2M | $3.3M | 10x | as long as short |
| Variational Omni QCOM | +0.0093% | 8h | 195.99 | +0.037% | $322K | $75K | — | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.79 | −0.066% | $319K | $538K | 20x | as long as short |
| Binance QCOMUSDT | +0.0152% | 8h | 195.89 | −0.015% | $11.1M | $23.4M | 20x | as long as short |
| Extended QCOM-USD | +0.0152% | 1h | 195.84 | −0.040% | $104K | $415K | 10x | as long as short |
| BloFin QCOM-USDTshort | +0.0164% | 8h | 196.01 | +0.046% | $129K | $55K | 20x | |
| edgeX QCOMUSDC | +0.0172% | 4h | 195.99 | +0.034% | $81K | $272K | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0197% | 1h | 195.90 | −0.010% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.34 | +9.912% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0449% | 1h | 196.24 | +0.163% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0572% | 1h | 196.00 | +0.041% | $7.4M | $2.4M | 10x | as long as short |
Phemex QCOMUSDT
BloFin QCOM-USDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Variational Omni QCOM
KuCoin QCOMUSDTM
Binance QCOMUSDT
Extended QCOM-USD
edgeX QCOMUSDC
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM