Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.010%

Price spread now: Gate against QFEX+0.041%7-day average +0.078% · 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−$48as in the Price arb table

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

Long on QFEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 7 days+0.084%+$8 · spread now +0.041%, 7d avg +0.078%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.037% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.078%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX QCOM-USD	195.73	0.0043	pay 0.0005% / 1h	48m 32s	$1.2M	$2.8M	10x
Short	Gate QCOM_USDT	195.81	0	get 0.0000% / 8h	6h 48m	$4.5M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.041%Rate

Funding earned: −$8.99
Price spread: +0.041% → +0.078%: −$3.68
Slippage, 4 orders: −$18.82
Fee QFEX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.49
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from QFEX: live order book, 9 min ago; Gate: live order book, 5 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, 9 min ago	2.04 bp	7.0 bp −$7	10.7 bp −$107	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.59 bp	14.9 bp −$15	33.9 bp −$339	72.0 bp −$7,197	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	195.59	−0.071%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.72	−0.005%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.81	+0.041%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDTshort	0.0000%	8h	195.81	+0.041%	$4.5M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	195.86	+0.066%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.90	+0.087%	$6K	$196K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.81	+0.041%	$638	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.94	+0.107%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.82	+0.046%	$1.6M	$961K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.51	−0.112%	—	—	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-USDlong	+0.0043%	1h	195.73	long leg	$1.2M	$2.8M	10x
Polymarket Perps QCOM-USD	+0.0050%	1h	195.76	+0.015%	$85K	$884K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.65	−0.041%	$319K	$525K	20x	as long as short
Variational Omni QCOM	+0.0189%	8h	195.86	+0.069%	$322K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.33	+10.014%	$26K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0227%	8h	195.75	+0.010%	$10.8M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0232%	1h	195.74	+0.006%	$105K	$404K	10x	as long as short
BloFin QCOM-USDT	+0.0255%	8h	195.88	+0.077%	$128K	$55K	20x	as long as short
Phoenix QCOM	+0.0326%	1h	195.81	+0.041%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0492%	1h	195.82	+0.046%	$7.2M	$2.2M	10x	as long as short
edgeX QCOMUSDC	+0.0598%	4h	195.84	+0.054%	$82K	$268K	10x	as long as short