Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.027%

Price spread now: Bitget against Polymarket Perps−0.026%7-day average +0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1021.021% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 4 days (all we have)+0.272%+$27 · spread now −0.026%, 7d avg +0.066%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.092% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.066%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps QCOM-USD	195.86	0.0102	pay 0.0013% / 1h	4m 58s	$83K	$889K	10x
Short	Bitget QCOMUSDT	195.81	0	get 0.0000% / 8h	6h 04m	$1.3M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket Perps. 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 Polymarket PerpsbpFee BitgetbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$21.39
Price spread: −0.026% → +0.066%: −$9.19
Slippage, 4 orders: −$82.08
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$132.65
Costs to cover: 1.021%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 43 min ago; Bitget: live order book, 1 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 Polymarket Perps live order book, 43 min ago	2.30 bp	6.3 bp −$6	6.8 bp −$68	8.9 bp −$885	doesn't fit
Sell Bitget live order book, 1 min ago	5.11 bp	65.1 bp −$65	150.1 bp −$1,501	doesn't fit	doesn't fit

QCOM on 20 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	−0.0450%	4h	195.78	−0.039%	$81K	$270K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.68	−0.092%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.59	−0.138%	$2.4M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.82	−0.020%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.81	−0.026%	$4.4M	$3.3M	50x	as long as short
Bitget QCOMUSDTshort	0.0000%	8h	195.81	−0.026%	$1.3M	$1.1M	20x
GRVT QCOM_USDT_Perp	0.0000%	8h	195.57	−0.150%	$6K	$192K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.74	−0.061%	$665	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.91	+0.026%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.76	−0.051%	$1.6M	$983K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.53	−0.168%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	195.75	−0.056%	$1.2M	$3.1M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.59	−0.138%	$319K	$538K	20x	as long as short
Polymarket Perps QCOM-USDlong	+0.0102%	1h	195.86	long leg	$83K	$889K	10x
Variational Omni QCOM	+0.0138%	8h	195.78	−0.040%	$321K	$74K	—	as long as short
Extended QCOM-USD	+0.0184%	1h	195.60	−0.134%	$102K	$407K	10x	as long as short
Binance QCOMUSDT	+0.0185%	8h	195.66	−0.102%	$11.0M	$23.2M	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.48	+10.017%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	195.97	+0.056%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0527%	1h	195.88	+0.010%	$7.3M	$2.3M	10x	as long as short