Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%

Price spread now: KuCoin against Polymarket Perps−0.061%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$219as in the Funding arb table

Net, price: spread back to 7d avg − costs−$232as in the Price arb table

costs, in and out, $10k−$2272.274% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.061%, 7d avg −0.015%

Together, before fees+0.367%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.015%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps QCOM-USD	195.63	0.0050	pay 0.0006% / 1h	45m 52s	$85K	$884K	10x
Short	KuCoin QCOMUSDTM	195.51	0.0100	get 0.0100% / 8h	6h 45m	$319K	$525K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.061%Rate

Funding earned: $10.5
Price spread: −0.061% → −0.015%: −$4.62
Slippage, 4 orders: −$207.37
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$221.48
Costs to cover: 2.274%
Break-even: 154.7 days

Slippage from Polymarket Perps: live order book, 2 min ago; KuCoin: live order book, 67 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, 2 min ago	2.30 bp	6.3 bp −$6	6.8 bp −$68	8.9 bp −$885	doesn't fit
Sell KuCoin live order book, 67 min ago	17.10 bp	115.4 bp −$115	doesn't fit	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	195.52	−0.058%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.57	−0.031%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.60	−0.015%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.64	+0.005%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.63	0.000%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.76	+0.066%	$6K	$196K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.62	−0.005%	$806	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.94	+0.158%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.59	−0.020%	$1.6M	$960K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.30	−0.169%	—	—	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	+0.0043%	1h	195.53	−0.051%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USDlong	+0.0050%	1h	195.63	long leg	$85K	$884K	10x
KuCoin QCOMUSDTMshort	+0.0100%	8h	195.51	−0.061%	$319K	$525K	20x
Variational Omni QCOM	+0.0182%	8h	195.63	0.000%	$321K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.33	+10.070%	$26K	$25K	12x	as long as short
Extended QCOM-USD	+0.0224%	1h	195.53	−0.051%	$105K	$404K	10x	as long as short
Binance QCOMUSDT	+0.0226%	8h	195.49	−0.070%	$10.8M	$22.7M	20x	as long as short
BloFin QCOM-USDT	+0.0255%	8h	195.88	+0.128%	$128K	$55K	20x	as long as short
edgeX QCOMUSDC	+0.0312%	4h	195.80	+0.088%	$82K	$269K	10x	as long as short
Phoenix QCOM	+0.0326%	1h	195.82	+0.097%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0492%	1h	195.61	−0.010%	$7.2M	$2.2M	10x	as long as short