Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: Bybit against SunX−0.015%46s7-day average +0.016% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.015%, 7d avg +0.016%

Together, before fees+0.068%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.031% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 46 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	SunX QCOM-USDT	195.60	0	get 0.0000% / 8h	6h 28m	$716	$4.7M	10x
Short	Bybit QCOMUSDT	195.57	0	get 0.0000% / 8h	6h 28m	$2.0M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.016%: −$3.14
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.14
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; Bybit: live order book, 3 min ago. Net counts fees only.

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 SunX live order book, 10 min ago	500.32 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	4.35 bp	31.8 bp −$32	110.2 bp −$1,102	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	−0.0141%	4h	195.21	−0.200%	$81K	$270K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.64	+0.020%	$18K	$11K	20x	as long as short
Bybit QCOMUSDTshort	0.0000%	8h	195.57	−0.015%	$2.0M	$1.5M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	195.57	−0.015%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.67	+0.036%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.60	0.000%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.02	−0.295%	$6K	$194K	10x	as long as short
SunX QCOM-USDTlong	0.0000%	8h	195.60	long leg	$716	$4.7M	10x
HTX QCOM-USDT	0.0000%	8h	195.62	+0.010%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.55	−0.026%	$1.6M	$963K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.50	−0.051%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	195.51	−0.046%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0063%	1h	195.63	+0.015%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.23	−0.189%	$318K	$532K	20x	as long as short
Variational Omni QCOM	+0.0154%	8h	195.16	−0.223%	$321K	$74K	—	as long as short
Binance QCOMUSDT	+0.0196%	8h	195.64	+0.019%	$10.8M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0200%	1h	195.58	−0.012%	$102K	$407K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.41	+9.617%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	195.54	−0.031%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0484%	1h	195.65	+0.026%	$7.3M	$2.3M	10x	as long as short