Funding you earn now, next payment 01:00 UTC+0.0222%/8h= +24.4% APRpaid last 24h +0.041%
Price spread now: BloFin against Polymarket Perps−0.051%45s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.051%, 7d avg +0.049%
=Funding pays, the price is against you. BloFin is 0.100% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.049%). If the spread goes back, that is −$10 on $10k: about 36 hours of funding at the current rate (+$7 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.2% 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 | Polymarket Perps QCOM-USD | 195.92 | 0.0050 | pay 0.0006% / 1h | 7m 57s | $85K | $885K | 10x |
| Short | BloFin QCOM-USDT | 195.82 | 0.0272 | get 0.0272% / 8h | 7h 07m | $128K | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.72
- Price spread: −0.051% → +0.049%
- −$10.02
- Slippage, 4 orders
- −$15.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.5
- Costs to cover
- 0.352%
- Break-even
- 6.8 days
Slippage from Polymarket Perps: live order book, 45 min ago; BloFin: live order book, 48 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, 45 min ago | 2.30 bp | 6.3 bp −$6 | 8.0 bp −$80 | 11.0 bp −$1,103 | doesn't fit |
| Sell BloFin live order book, 48 min ago | 1.28 bp | 12.0 bp −$12 | 26.3 bp −$263 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.76 | −0.079% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.91 | −0.005% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.96 | +0.020% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.93 | +0.005% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.97 | +0.026% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.94 | +0.012% | $6K | $197K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.83 | −0.046% | $631 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.05 | +0.066% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.94 | +0.010% | $1.6M | $965K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.78 | −0.071% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0040% | 1h | 195.81 | −0.056% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0050% | 1h | 195.92 | long leg | $85K | $885K | 10x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.71 | −0.107% | $319K | $522K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.15 | +9.815% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0227% | 8h | 195.81 | −0.055% | $322K | $74K | — | as long as short |
| edgeX QCOMUSDC | +0.0228% | 4h | 195.89 | −0.017% | $82K | $268K | 10x | as long as short |
| Extended QCOM-USD | +0.0256% | 1h | 195.91 | −0.007% | $107K | $402K | 10x | as long as short |
| Binance QCOMUSDT | +0.0260% | 8h | 195.95 | +0.015% | $10.8M | $22.8M | 20x | as long as short |
| BloFin QCOM-USDTshort | +0.0272% | 8h | 195.82 | −0.051% | $128K | $54K | 20x | |
| Phoenix QCOM | +0.0327% | 1h | 196.00 | +0.041% | $98K | $249K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0356% | 1h | 195.99 | +0.036% | $7.2M | $2.2M | 10x | as long as short |
Polymarket Perps QCOM-USD
BloFin QCOM-USDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Variational Omni QCOM
edgeX QCOMUSDC
Extended QCOM-USD
Binance QCOMUSDT
Phoenix QCOM
tradeXYZ xyz:QCOM