Funding you earn now, next payment 08:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.125%
Price spread now: tradeXYZ against Phemex+0.021%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.021%, 7d avg −0.053%
=Together, before fees+0.206%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and tradeXYZ is 0.074% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.304% in total (about 15.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QCOMUSDT | 193.30 | 0 | get 0.0000% / 8h | 55m 56s | $1.6M | $1.1M | 10x |
| Short | tradeXYZ xyz:QCOM | 193.34 | 0.0644 | get 0.0080% / 1h | 55m 56s | $7.7M | $2.8M | 10x |
Phemex QCOMUSDT
tradeXYZ xyz:QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $135.2
- Price spread: +0.021% → −0.053%
- $7.35
- Slippage, 4 orders
- −$65.19
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $47.36
- Costs to cover
- 0.952%
- Break-even
- 4.5 days
Slippage from Phemex: live order book, 2 min ago; tradeXYZ: live order book, 2 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, 2 min ago | 2.07 bp | 34.8 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.29 bp | 14.8 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0291% | 8h | 193.27 | −0.016% | $1.3M | $1.2M | 20x | as long as short |
| edgeX QCOMUSDC | −0.0271% | 4h | 193.31 | +0.006% | $80K | $273K | 10x | as long as short |
| BloFin QCOM-USDT | −0.0025% | 8h | 193.28 | −0.010% | $129K | $54K | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.10 | −0.106% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 193.14 | −0.080% | $101K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 193.21 | −0.047% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.19 | −0.057% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.26 | −0.021% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.31 | +0.005% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.38 | +0.042% | $306K | $117K | — | as long as short |
Bitget QCOMUSDT
edgeX QCOMUSDC
BloFin QCOM-USDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.39 | +0.047% | $6K | $181K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.18 | −0.062% | $508 | $4.4M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.31 | +0.005% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 193.30 | long leg | $1.6M | $1.1M | 10x | |
| QFEX QCOM-USD | +0.0025% | 1h | 193.11 | −0.098% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.09 | −0.109% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0077% | 1h | 193.28 | −0.010% | $76K | $863K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.05 | −0.129% | $321K | $567K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.46 | +9.912% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 193.39 | +0.047% | $97K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0644% | 1h | 193.34 | +0.021% | $7.7M | $2.8M | 10x |
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
QFEX QCOM-USD
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM