Funding you earn now, next payment 02:00 UTC−0.0417%/8h= −45.6% APRnext payment −$0.52 per $10,000 · paid last 24h —
Price spread now: Lighter against Phoenix−0.153%104s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Lighter is 0.153% cheaper against Phoenix than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 104 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 | Phoenix QCOM | 196.01 | 0.0449 | pay 0.0056% / 1h | 35m 38s | $98K | $239K | 10x |
| Short | Lighter QCOM | 195.71 | 0.0032 | get 0.0004% / 1h | 35m 38s | — | — | 10x |
Phoenix QCOM
Lighter QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phoenix. 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
- −$87.53
- Price spread: −0.153% → 0.000%
- −$15.31
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$109.84
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 24 min ago; Lighter: no order-book sample. 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 Phoenix live order book, 24 min ago | 7.64 bp | 21.5 bp −$22 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0798% | 4h | 195.87 | −0.069% | $81K | $271K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.87 | −0.069% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.80 | −0.107% | $2.5M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.90 | −0.056% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.95 | −0.031% | $4.4M | $3.3M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.96 | −0.026% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.91 | −0.051% | $6K | $191K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.75 | −0.133% | $812 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.83 | −0.092% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.94 | −0.036% | $1.6M | $998K | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOMshort | +0.0032% | 1h | 195.71 | −0.153% | — | — | 10x | |
| QFEX QCOM-USD | +0.0062% | 1h | 195.83 | −0.092% | $1.2M | $3.3M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.72 | −0.148% | $319K | $547K | 20x | as long as short |
| Variational Omni QCOM | +0.0116% | 8h | 195.89 | −0.060% | $322K | $75K | — | as long as short |
| BloFin QCOM-USDT | +0.0159% | 8h | 195.86 | −0.077% | $129K | $55K | 20x | as long as short |
| Binance QCOMUSDT | +0.0166% | 8h | 195.88 | −0.068% | $11.1M | $23.4M | 20x | as long as short |
| Extended QCOM-USD | +0.0168% | 1h | 195.88 | −0.066% | $107K | $412K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.37 | +9.877% | $26K | $25K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0249% | 1h | 195.95 | −0.031% | $83K | $895K | 10x | as long as short |
| Phoenix QCOMlong | +0.0449% | 1h | 196.01 | long leg | $98K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0595% | 1h | 196.04 | +0.015% | $7.4M | $2.3M | 10x | as long as short |
QFEX QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
tradeXYZ xyz:QCOM