Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.018%

Price spread now: KuCoin against QFEX+0.026%7-day average −0.038% · 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−$221as in the Price arb table

costs, in and out, $10k−$2282.278% of the position

Long on QFEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.026%, 7d avg −0.038%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.064% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX QCOM-USD	195.71	0.0040	pay 0.0005% / 1h	28m 59s	$1.2M	$2.9M	10x
Short	KuCoin QCOMUSDTM	195.76	0.0100	get 0.0100% / 8h	7h 28m	$320K	$513K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.026%Rate

Funding earned: $12.6
Price spread: +0.026% → −0.038%: $6.39
Slippage, 4 orders: −$205.82
Fee QFEX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$208.83
Costs to cover: 2.278%
Break-even: 123.0 days

Slippage from QFEX: live order book, 4 min ago; KuCoin: live order book, 24 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, 4 min ago	1.28 bp	6.8 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 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
edgeX QCOMUSDC	−0.0861%	4h	195.52	−0.096%	$82K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.87	+0.080%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.90	+0.097%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.97	+0.133%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.79	+0.041%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.58	−0.066%	$6K	$206K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.60	−0.056%	$714	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.67	−0.020%	$10K	$9K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.88	+0.087%	$1.6M	$962K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.75	+0.020%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit QCOMUSDT	+0.0034%	8h	195.80	+0.046%	$2.0M	$1.7M	25x	as long as short
QFEX QCOM-USDlong	+0.0040%	1h	195.71	long leg	$1.2M	$2.9M	10x
Polymarket Perps QCOM-USD	+0.0050%	1h	195.84	+0.066%	$85K	$887K	10x	as long as short
KuCoin QCOMUSDTMshort	+0.0100%	8h	195.76	+0.026%	$320K	$513K	20x
Injective QCOM/USDC PERP	+0.0220%	1h	215.06	+9.887%	$26K	$25K	12x	as long as short
Variational Omni QCOM	+0.0262%	8h	195.53	−0.090%	$321K	$74K	—	as long as short
BloFin QCOM-USDT	+0.0285%	8h	195.69	−0.010%	$128K	$54K	20x	as long as short
Binance QCOMUSDT	+0.0295%	8h	195.91	+0.101%	$10.9M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0296%	1h	195.87	+0.084%	$107K	$402K	10x	as long as short
Phoenix QCOM	+0.0327%	1h	195.56	−0.077%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0393%	1h	195.98	+0.138%	$7.2M	$2.2M	10x	as long as short