Funding you earn now, next payment 12:00 UTC−0.0544%/8h= −59.5% APRpaid last 24h +0.035%
Price spread now: edgeX against Phemex+0.002%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.002%, 7d avg −0.037%
=Together, before fees−0.247%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.040% dearer against Phemex than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.155% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QCOMUSDT | 192.42 | 0 | get 0.0000% / 8h | 4h 08m | $1.6M | $1.1M | 10x |
| Short | edgeX QCOMUSDC | 192.42 | −0.0544 | pay 0.0272% / 4h | 8m 37s | $79K | $276K | 10x |
Phemex QCOMUSDT
edgeX QCOMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$114.16
- Price spread: +0.002% → −0.037%
- $3.95
- Slippage, 4 orders
- −$63.45
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$194.65
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 32 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, 3 min ago | 2.86 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 6.20 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
QCOM on 21 exchanges
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 QCOMUSDCshort | −0.0544% | 4h | 192.42 | +0.002% | $79K | $276K | 10x | |
| Aster QCOMUSDT | 0.0000% | 8h | 192.37 | −0.027% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.35 | −0.036% | $1.7M | $2.2M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.40 | −0.010% | $1.8M | $3.6M | 20x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 192.41 | −0.005% | $1.3M | $1.2M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.25 | −0.088% | $954 | $3.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 192.86 | +0.229% | $9K | $7K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 192.42 | long leg | $1.6M | $1.1M | 10x | |
| QFEX QCOM-USD | +0.0032% | 1h | 192.26 | −0.083% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.18 | −0.125% | — | — | 10x | as long as short |
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
QFEX QCOM-USD
Lighter QCOMShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective QCOM/USDC PERP | +0.0033% | 1h | 211.90 | +10.124% | $25K | $21K | 12x | as long as short |
| Gate QCOM_USDT | +0.0035% | 8h | 192.46 | +0.021% | $4.5M | $3.4M | 50x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.39 | −0.016% | $84K | $712K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.29 | −0.068% | $323K | $814K | 20x | as long as short |
| Variational Omni QCOM | +0.0235% | 8h | 192.43 | +0.006% | $308K | $119K | — | as long as short |
| BloFin QCOM-USDT | +0.0314% | 8h | 192.39 | −0.016% | $134K | $56K | 20x | as long as short |
| Binance QCOMUSDT | +0.0316% | 8h | 192.36 | −0.031% | $10.9M | $25.2M | 20x | as long as short |
| Extended QCOM-USD | +0.0320% | 1h | 192.29 | −0.069% | $101K | $466K | 10x | as long as short |
| Phoenix QCOM | +0.0495% | 1h | 192.98 | +0.291% | $97K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0504% | 1h | 192.44 | +0.010% | $7.9M | $2.9M | 10x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0539% | 8h | 192.51 | +0.048% | $6K | $150K | 10x | as long as short |
Injective QCOM/USDC PERP
Gate QCOM_USDT
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
Phoenix QCOM
tradeXYZ xyz:QCOM
GRVT QCOM_USDT_Perp