Funding you earn now, next payment 01:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.074%
Price spread now: tradeXYZ against Polymarket Perps+0.041%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.041%, 7d avg +0.007%
=Together, before fees+0.139%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.034% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 per $10,000. 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 | 195.97 | 0.0050 | pay 0.0006% / 1h | 0m 41s | $85K | $885K | 10x |
| Short | tradeXYZ xyz:QCOM | 196.05 | 0.0362 | get 0.0045% / 1h | 0m 41s | $7.2M | $2.2M | 10x |
Polymarket Perps QCOM-USD
tradeXYZ xyz:QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $65.5
- Price spread: +0.041% → +0.007%
- $3.42
- Slippage, 4 orders
- −$18.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $24.88
- Costs to cover
- 0.440%
- Break-even
- 4.3 days
Slippage from Polymarket Perps: live order book, 52 min ago; tradeXYZ: live order book, 8 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, 52 min ago | 2.30 bp | 6.3 bp −$6 | 8.0 bp −$80 | 11.0 bp −$1,103 | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.79 bp | 16.5 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0479% | 4h | 195.93 | −0.019% | $82K | $269K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.79 | −0.091% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.91 | −0.031% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.94 | −0.015% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.99 | +0.010% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.97 | 0.000% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 196.04 | +0.036% | $6K | $197K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.85 | −0.061% | $850 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.08 | +0.056% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.93 | −0.020% | $1.6M | $966K | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.84 | −0.066% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.86 | −0.056% | $1.2M | $2.8M | 10x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0050% | 1h | 195.97 | long leg | $85K | $885K | 10x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.81 | −0.082% | $319K | $525K | 20x | as long as short |
| Variational Omni QCOM | +0.0209% | 8h | 195.89 | −0.043% | $322K | $74K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.15 | +9.787% | $26K | $25K | 12x | as long as short |
| Binance QCOMUSDT | +0.0248% | 8h | 195.93 | −0.022% | $10.8M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0248% | 1h | 195.88 | −0.048% | $107K | $402K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0260% | 8h | 195.97 | 0.000% | $128K | $54K | 20x | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 196.05 | +0.041% | $98K | $249K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0362% | 1h | 196.05 | +0.041% | $7.2M | $2.2M | 10x |
Lighter QCOM
QFEX QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
Phoenix QCOM