Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex−0.078%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2452.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.078%, 7d avg −0.086%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex QCOMUSDT193.400get 0.0000% / 8h17m 14s$1.6M$1.1M10x
ShortKuCoin QCOMUSDTM193.250.0100get 0.0100% / 8h17m 14s$322K$580K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.078% → −0.086%
$0.83
Slippage, 4 orders
−$220.91
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$223.08
Costs to cover
2.449%
Break-even
81.4 days
Slippage from Phemex: live order book, 1 min ago; KuCoin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 1 min ago3.10 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 17 min ago15.55 bp88.2 bp −$88doesn't fitdoesn't fitdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QCOMUSDC−0.0852%4h192.98−0.215%$80K$275K10xas long as short
Bitget QCOMUSDT−0.0223%8h193.43+0.016%$1.3M$1.2M20xas long as short
Aster QCOMUSDT0.0000%8h193.41+0.007%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h193.35−0.026%$104K$474K10xas long as short
Binance QCOMUSDT0.0000%8h193.36−0.021%$10.8M$24.6M20xas long as short
Bybit QCOMUSDT0.0000%8h193.35−0.026%$1.7M$2.3M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h193.37−0.016%$1.8M$3.8M20xas long as short
Gate QCOM_USDT0.0000%8h193.400.000%$4.4M$3.5M50xas long as short
Variational Omni QCOM0.0000%8h192.92−0.248%$305K$117Kas long as short
GRVT QCOM_USDT_Perp0.0000%8h192.98−0.218%$6K$176K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QCOM-USDT0.0000%8h193.28−0.062%$597$4.4M10xas long as short
HTX QCOM-USDT0.0000%8h193.39−0.005%$9K$11K20xas long as short
Phemex QCOMUSDTlong0.0000%8h193.40long leg$1.6M$1.1M10x
BloFin QCOM-USDT+0.0020%8h192.94−0.238%$129K$54K20xas long as short
QFEX QCOM-USD+0.0025%1h193.39−0.005%$1.2M$3.1M10xas long as short
Lighter QCOM+0.0032%1h193.31−0.047%10xas long as short
KuCoin QCOMUSDTMshort+0.0100%8h193.25−0.078%$322K$580K20x
Polymarket Perps QCOM-USD+0.0141%1h193.45+0.026%$79K$845K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h212.01+9.623%$25K$25K12xas long as short
Phoenix QCOM+0.0414%1h193.20−0.103%$97K$237K10xas long as short
tradeXYZ xyz:QCOM+0.0733%1h193.55+0.078%$7.7M$2.8M10xas long as short