QCOM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Phemex−0.034%77s7-day average −0.002% · 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—prices read too far apart to compare

costs, in and out, $10k−$990.988% of the position

Long on Phemex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$14 on $10k

Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.034%, 7d avg −0.002%

Together, before fees+0.079%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.032% cheaper against Phemex than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.002%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex QCOMUSDT	194.65	0	get 0.0000% / 8h	1h 29m	$1.6M	$982K	10x
Short	GRVT QCOM_USDT_Perp	194.58	0.0108	get 0.0108% / 8h	1h 29m	$6K	$228K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.034%Rate

Funding earned: $22.68
Price spread: −0.034% → −0.002%: −$3.19
Slippage, 4 orders: −$77.84
Fee Phemex: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$79.35
Costs to cover: 0.988%
Break-even: 31.5 days

Slippage from Phemex: live order book, 3 min ago; GRVT: live order book, 52 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	1.28 bp	28.5 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 52 min ago	2.32 bp	25.4 bp −$25	doesn't fit	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	194.47	−0.093%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.69	+0.021%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.68	+0.015%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	194.64	−0.005%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.66	+0.005%	$1.3M	$1.2M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.63	−0.010%	$319K	$77K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	194.47	−0.092%	$733	$5.0M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.96	+0.159%	$10K	$10K	20x	as long as short
Phemex QCOMUSDTlong	0.0000%	8h	194.65	long leg	$1.6M	$982K	10x
BloFin QCOM-USDT	+0.0027%	8h	194.71	+0.031%	$125K	$50K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	194.32	−0.170%	—	—	10x	as long as short
Binance QCOMUSDT	+0.0055%	8h	194.65	0.000%	$10.8M	$23.1M	20x	as long as short
QFEX QCOM-USD	+0.0056%	1h	194.60	−0.026%	$1.2M	$2.9M	10x	as long as short
Extended QCOM-USD	+0.0056%	1h	194.61	−0.019%	$104K	$268K	10x	as long as short
Polymarket Perps QCOM-USD	+0.0087%	1h	194.60	−0.026%	$89K	$1.4M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.41	−0.123%	$317K	$519K	20x	as long as short
GRVT QCOM_USDT_Perpshort	+0.0108%	8h	194.58	−0.034%	$6K	$228K	10x
Injective QCOM/USDC PERP	+0.0220%	1h	213.79	+9.833%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0329%	1h	194.50	−0.077%	$97K	$259K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0468%	1h	194.64	−0.005%	$7.1M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0522%	4h	194.67	+0.009%	$81K	$266K	10x	as long as short