Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Phemex−0.165%7-day average −0.055% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.165%, 7d avg −0.055%

Together, before fees+0.026%+$3 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: SunX is 0.110% cheaper against Phemex than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex QCOMUSDT	194.31	0	get 0.0000% / 8h	5h 27m	$1.6M	$1.1M	10x
Short	SunX QCOM-USDT	193.99	0	get 0.0000% / 8h	5h 27m	$652	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.165%Rate

Funding earned: $0
Price spread: −0.165% → −0.055%: −$11
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; SunX: live order book, 4 min ago. Net counts fees only.

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	2.83 bp	33.7 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	256.68 bp	doesn't fit	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
Aster QCOMUSDT	0.0000%	8h	194.04	−0.139%	$17K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.21	−0.051%	$1.8M	$3.6M	20x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.32	+0.005%	$1.4M	$1.1M	20x	as long as short
SunX QCOM-USDTshort	0.0000%	8h	193.99	−0.165%	$652	$3.9M	10x
HTX QCOM-USDT	0.0000%	8h	194.07	−0.124%	$9K	$11K	20x	as long as short
Phemex QCOMUSDTlong	0.0000%	8h	194.31	long leg	$1.6M	$1.1M	10x
Lighter QCOM	+0.0032%	1h	194.03	−0.144%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	194.07	−0.124%	$1.2M	$3.2M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.18	−0.067%	$77K	$687K	10x	as long as short
Bybit QCOMUSDT	+0.0065%	8h	194.16	−0.077%	$1.7M	$2.3M	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate QCOM_USDT	+0.0099%	8h	194.32	+0.005%	$4.5M	$3.4M	50x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.03	−0.144%	$327K	$735K	20x	as long as short
Variational Omni QCOM	+0.0181%	8h	194.01	−0.152%	$310K	$120K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	211.90	+9.053%	$25K	$21K	12x	as long as short
BloFin QCOM-USDT	+0.0281%	8h	194.26	−0.026%	$132K	$56K	20x	as long as short
Binance QCOMUSDT	+0.0293%	8h	194.25	−0.032%	$11.0M	$25.0M	20x	as long as short
Extended QCOM-USD	+0.0296%	1h	194.18	−0.067%	$101K	$471K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0482%	1h	194.49	+0.093%	$7.9M	$2.8M	10x	as long as short
Phoenix QCOM	+0.0494%	1h	193.97	−0.175%	$97K	$237K	10x	as long as short
edgeX QCOMUSDC	+0.0838%	4h	194.02	−0.149%	$80K	$277K	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0951%	8h	194.12	−0.100%	$6K	$150K	10x	as long as short