QCOM

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.094%

Price spread now: Phoenix against QFEX+0.238%52s7-day average +0.037% · 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—prices read too far apart to compare

costs, in and out, $10k−$490.491% of the position

Long on QFEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.180%+$18 on $10k

Price spread, last 4 days (all we have)−0.341%−$34 · spread now +0.238%, 7d avg +0.037%

Together, before fees−0.161%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Phoenix is 0.201% dearer against QFEX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX QCOM-USD	193.38	0.0032	pay 0.0004% / 1h	52m 10s	$1.2M	$3.1M	10x
Short	Phoenix QCOM	193.84	0.0495	get 0.0062% / 1h	52m 10s	$97K	$237K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.238%Rate

Funding earned: $97.3
Price spread: +0.238% → +0.037%: $20.14
Slippage, 4 orders: −$32.11
Fee QFEX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $68.32
Costs to cover: 0.491%
Break-even: 2.1 days

Slippage from QFEX: live order book, 4 min ago; Phoenix: live order book, 51 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	1.81 bp	6.8 bp −$7	14.6 bp −$146	doesn't fit	doesn't fit
Sell Phoenix live order book, 51 min ago	5.65 bp	17.0 bp −$17	37.0 bp −$370	doesn't fit	doesn't fit

QCOM on 21 exchanges

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	193.69	+0.162%	$17K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	193.60	+0.114%	$1.8M	$3.6M	20x	as long as short
Bitget QCOMUSDT	0.0000%	8h	193.47	+0.047%	$1.4M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	193.20	−0.093%	$645	$3.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	193.81	+0.222%	$9K	$7K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	193.59	+0.109%	$1.6M	$1.1M	10x	as long as short
QFEX QCOM-USDlong	+0.0032%	1h	193.38	long leg	$1.2M	$3.1M	10x
Lighter QCOM	+0.0032%	1h	193.43	+0.026%	—	—	10x	as long as short
Injective QCOM/USDC PERP	+0.0033%	1h	211.90	+9.577%	$25K	$21K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	193.56	+0.093%	$79K	$696K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin QCOMUSDTM	+0.0100%	8h	193.45	+0.036%	$325K	$772K	20x	as long as short
Bybit QCOMUSDT	+0.0106%	8h	193.63	+0.129%	$1.7M	$2.2M	25x	as long as short
Gate QCOM_USDT	+0.0114%	8h	193.68	+0.155%	$4.5M	$3.4M	50x	as long as short
edgeX QCOMUSDC	+0.0234%	4h	193.73	+0.182%	$80K	$276K	10x	as long as short
Variational Omni QCOM	+0.0319%	8h	193.71	+0.170%	$310K	$119K	—	as long as short
tradeXYZ xyz:QCOM	+0.0352%	1h	193.58	+0.103%	$7.9M	$2.9M	10x	as long as short
Binance QCOMUSDT	+0.0413%	8h	193.55	+0.088%	$10.9M	$25.0M	20x	as long as short
Extended QCOM-USD	+0.0416%	1h	193.45	+0.037%	$101K	$468K	10x	as long as short
BloFin QCOM-USDT	+0.0434%	8h	193.49	+0.057%	$133K	$56K	20x	as long as short
Phoenix QCOMshort	+0.0495%	1h	193.84	+0.238%	$97K	$237K	10x
GRVT QCOM_USDT_Perp	+0.0988%	8h	193.80	+0.216%	$6K	$151K	10x	as long as short