Funding you earn now, next payment 05:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h +0.029%
Price spread now: Variational Omni against Polymarket Perps+0.142%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.142%, 7d avg +0.031%
=Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.111% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.031%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.008% in total (about 0.9% 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 | 193.27 | 0.0194 | pay 0.0024% / 1h | 8m 32s | $77K | $897K | 10x |
| Short | Variational Omni QCOM | 193.54 | 0 | get 0.0000% / 8h | 3h 08m | $306K | $85K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$40.74
- Price spread: +0.142% → +0.031%
- $11.12
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.62
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 24 min ago; Variational Omni: RFQ quote, 45 min ago. Net counts fees only.
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, 24 min ago | 2.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 10.3 bp −$1,030 | doesn't fit |
| Sell Variational Omni RFQ quote, 45 min ago | 3.05 bp | doesn't fit | 45.4 bp −$454 | 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 | −0.0439% | 4h | 193.37 | +0.049% | $80K | $272K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0231% | 8h | 193.26 | −0.005% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.18 | −0.047% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.37 | +0.052% | $2.0M | $2.2M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.13 | −0.072% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.22 | −0.026% | $4.4M | $3.3M | 50x | as long as short |
| Variational Omni QCOMshort | 0.0000% | 8h | 193.54 | +0.142% | $306K | $85K | — | |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.45 | +0.093% | $6K | $186K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.10 | −0.088% | $906 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.63 | +0.186% | $9K | $10K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 193.25 | −0.010% | $1.6M | $1.0M | 10x | as long as short |
| QFEX QCOM-USD | +0.0029% | 1h | 193.15 | −0.062% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.99 | −0.145% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0042% | 8h | 193.26 | −0.005% | $128K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0048% | 8h | 193.25 | −0.012% | $11.0M | $23.5M | 20x | as long as short |
| Extended QCOM-USD | +0.0048% | 1h | 193.18 | −0.046% | $101K | $263K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.07 | −0.103% | $315K | $541K | 20x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0194% | 1h | 193.27 | long leg | $77K | $897K | 10x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.38 | +9.888% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 193.62 | +0.181% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0690% | 1h | 193.35 | +0.041% | $7.5M | $2.6M | 10x | as long as short |
Polymarket Perps QCOM-USD
Variational Omni QCOM
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM