Funding you earn now, next payment 11:00 UTC−0.0463%/8h= −50.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.094%
Price spread now: QFEX against Phoenix−0.237%52s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.491% of the position
Funding, last 4 days (all we have)−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.237%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and QFEX is 0.201% cheaper against Phoenix than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 52 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 | 193.84 | 0.0495 | pay 0.0062% / 1h | 52m 11s | $97K | $237K | 10x |
| Short | QFEX QCOM-USD | 193.38 | 0.0032 | get 0.0004% / 1h | 52m 11s | $1.2M | $3.1M | 10x |
Phoenix QCOM
QFEX QCOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$97.3
- Price spread: −0.237% → −0.037%
- −$20.08
- Slippage, 4 orders
- −$32.11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$166.49
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 51 min ago; QFEX: live order book, 4 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 Phoenix live order book, 51 min ago | 5.65 bp | 17.0 bp −$17 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.81 bp | 8.3 bp −$8 | 14.0 bp −$140 | 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 | 193.69 | −0.076% | $17K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.60 | −0.124% | $1.8M | $3.6M | 20x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 193.47 | −0.191% | $1.4M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.20 | −0.330% | $645 | $3.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.81 | −0.015% | $9K | $7K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.59 | −0.129% | $1.6M | $1.1M | 10x | as long as short |
| QFEX QCOM-USDshort | +0.0032% | 1h | 193.38 | −0.237% | $1.2M | $3.1M | 10x | |
| Lighter QCOM | +0.0032% | 1h | 193.43 | −0.212% | — | — | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0033% | 1h | 211.90 | +9.317% | $25K | $21K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 193.56 | −0.144% | $79K | $696K | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USDShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.45 | −0.201% | $325K | $772K | 20x | as long as short |
| Bybit QCOMUSDT | +0.0106% | 8h | 193.63 | −0.108% | $1.7M | $2.2M | 25x | as long as short |
| Gate QCOM_USDT | +0.0114% | 8h | 193.68 | −0.083% | $4.5M | $3.4M | 50x | as long as short |
| edgeX QCOMUSDC | +0.0234% | 4h | 193.73 | −0.055% | $80K | $276K | 10x | as long as short |
| Variational Omni QCOM | +0.0319% | 8h | 193.71 | −0.068% | $310K | $119K | — | as long as short |
| tradeXYZ xyz:QCOM | +0.0352% | 1h | 193.58 | −0.134% | $7.9M | $2.9M | 10x | as long as short |
| Binance QCOMUSDT | +0.0413% | 8h | 193.55 | −0.150% | $10.9M | $25.0M | 20x | as long as short |
| Extended QCOM-USD | +0.0416% | 1h | 193.45 | −0.201% | $101K | $468K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0434% | 8h | 193.49 | −0.181% | $133K | $56K | 20x | as long as short |
| Phoenix QCOMlong | +0.0495% | 1h | 193.84 | long leg | $97K | $237K | 10x | |
| GRVT QCOM_USDT_Perp | +0.0988% | 8h | 193.80 | −0.022% | $6K | $151K | 10x | as long as short |
KuCoin QCOMUSDTM
Bybit QCOMUSDT
Gate QCOM_USDT
edgeX QCOMUSDC
Variational Omni QCOM
tradeXYZ xyz:QCOM
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
GRVT QCOM_USDT_Perp