Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.025%

Price spread now: BloFin against QFEX+0.042%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on QFEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.042%, 7d avg +0.030%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.062%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX QCOM-USD	192.04	0.0049	pay 0.0006% / 1h	47m 57s	$1.2M	$3.1M	10x
Short	BloFin QCOM-USDT	192.12	0.0016	get 0.0016% / 8h	7h 47m	$129K	$54K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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 QFEXbpFee BloFinbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$6.9
Price spread: +0.042% → +0.030%: $1.21
Slippage, 4 orders: −$21.81
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$49.5
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from QFEX: live order book, 5 min ago; BloFin: 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 QFEX live order book, 5 min ago	1.82 bp	8.9 bp −$9	18.8 bp −$188	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	1.04 bp	9.5 bp −$10	17.7 bp −$177	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
GRVT QCOM_USDT_Perp	−0.0712%	8h	192.30	+0.136%	$6K	$172K	10x	as long as short
Bitget QCOMUSDT	−0.0149%	8h	192.00	−0.021%	$1.3M	$1.1M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.11	+0.038%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.09	+0.027%	$100K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.11	+0.036%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.08	+0.021%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.10	+0.031%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.13	+0.047%	$4.4M	$3.4M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.19	+0.077%	$305K	$117K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	192.03	−0.005%	$559	$4.3M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QCOM-USDT	0.0000%	8h	191.95	−0.047%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.14	+0.052%	$1.6M	$1.1M	10x	as long as short
BloFin QCOM-USDTshort	+0.0016%	8h	192.12	+0.042%	$129K	$54K	20x
Lighter QCOM	+0.0032%	1h	191.82	−0.115%	—	—	10x	as long as short
QFEX QCOM-USDlong	+0.0049%	1h	192.04	long leg	$1.2M	$3.1M	10x
Polymarket Perps QCOM-USD	+0.0050%	1h	191.83	−0.109%	$78K	$766K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.08	+0.021%	$319K	$592K	20x	as long as short
edgeX QCOMUSDC	+0.0183%	4h	192.26	+0.116%	$79K	$275K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.399%	$25K	$21K	12x	as long as short
Phoenix QCOM	+0.0497%	1h	192.76	+0.375%	$96K	$237K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0541%	1h	192.17	+0.068%	$7.7M	$2.7M	10x	as long as short