Funding you earn now, next payment 02:00 UTC+0.0464%/8h= +50.9% APRnext payment +$0.58 per $10,000 · paid last 24h +0.092%
Price spread now: tradeXYZ against QFEX+0.071%7-day average −0.015% · 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−$31as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 3 days (all we have)+0.150%+$15 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.071%, 7d avg −0.015%
=Together, before fees+0.047%+ Points / potential airdroptradeXYZ: Active · farm board+$5 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 tradeXYZ is 0.086% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.015%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.150% in total (about 15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 per $10,000. 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 | QFEX QCOM-USD | 195.94 | 0.0043 | pay 0.0005% / 1h | 15m 54s | $1.2M | $2.9M | 10x |
| Short | tradeXYZ xyz:QCOM | 196.08 | 0.0507 | get 0.0063% / 1h | 15m 54s | $7.3M | $2.3M | 10x |
QFEX QCOM-USD
tradeXYZ xyz:QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. 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
- $97.54
- Price spread: +0.071% → −0.015%
- $8.61
- Slippage, 4 orders
- −$11.9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $66.24
- Costs to cover
- 0.399%
- Break-even
- 2.2 days
Slippage from QFEX: live order book, 7 min ago; tradeXYZ: live order book, 3 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, 7 min ago | 2.55 bp | 7.6 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.76 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
QCOM on 20 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 | −0.0821% | 4h | 195.85 | −0.046% | $81K | $270K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.93 | −0.007% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.94 | 0.000% | $2.0M | $1.5M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.01 | +0.036% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.98 | +0.020% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.79 | −0.077% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.86 | −0.040% | $6K | $193K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.94 | 0.000% | $903 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.06 | +0.061% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.98 | +0.020% | $1.6M | $969K | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.87 | −0.036% | — | — | 10x | as long as short |
| QFEX QCOM-USDlong | +0.0043% | 1h | 195.94 | long leg | $1.2M | $2.9M | 10x | |
| Polymarket Perps QCOM-USD | +0.0083% | 1h | 195.96 | +0.010% | $84K | $879K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.67 | −0.138% | $319K | $536K | 20x | as long as short |
| Variational Omni QCOM | +0.0134% | 8h | 195.91 | −0.016% | $322K | $74K | — | as long as short |
| Binance QCOMUSDT | +0.0182% | 8h | 195.96 | +0.010% | $10.9M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0184% | 1h | 195.90 | −0.020% | $102K | $407K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.48 | +9.972% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0326% | 1h | 195.91 | −0.015% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0507% | 1h | 196.08 | +0.071% | $7.3M | $2.3M | 10x |
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Binance QCOMUSDT
Extended QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM