Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps QCOM-USD195.920.0050pay 0.0006% / 1h7m 57s$85K$885K10x
ShortBloFin QCOM-USDT195.820.0272get 0.0272% / 8h7h 07m$128K$54K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 45 min ago2.30 bp6.3 bp −$68.0 bp −$8011.0 bp −$1,103doesn't fit
Sell BloFin live order book, 48 min ago1.28 bp12.0 bp −$1226.3 bp −$263doesn't fitdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster QCOMUSDT0.0000%8h195.76−0.079%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.91−0.005%$2.0M$1.7M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.96+0.020%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.93+0.005%$4.5M$3.2M50xas long as short
Bitget QCOMUSDT0.0000%8h195.97+0.026%$1.3M$1.1M20xas long as short
GRVT QCOM_USDT_Perp0.0000%8h195.94+0.012%$6K$197K10xas long as short
SunX QCOM-USDT0.0000%8h195.83−0.046%$631$4.7M10xas long as short
HTX QCOM-USDT0.0000%8h196.05+0.066%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.94+0.010%$1.6M$965K10xas long as short
Lighter QCOM+0.0032%1h195.78−0.071%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX QCOM-USD+0.0040%1h195.81−0.056%$1.2M$2.9M10xas long as short
Polymarket Perps QCOM-USDlong+0.0050%1h195.92long leg$85K$885K10x
KuCoin QCOMUSDTM+0.0100%8h195.71−0.107%$319K$522K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.15+9.815%$26K$25K12xas long as short
Variational Omni QCOM+0.0227%8h195.81−0.055%$322K$74Kas long as short
edgeX QCOMUSDC+0.0228%4h195.89−0.017%$82K$268K10xas long as short
Extended QCOM-USD+0.0256%1h195.91−0.007%$107K$402K10xas long as short
Binance QCOMUSDT+0.0260%8h195.95+0.015%$10.8M$22.8M20xas long as short
BloFin QCOM-USDTshort+0.0272%8h195.82−0.051%$128K$54K20x
Phoenix QCOM+0.0327%1h196.00+0.041%$98K$249K10xas long as short
tradeXYZ xyz:QCOM+0.0356%1h195.99+0.036%$7.2M$2.2M10xas long as short