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 +0.071%

Price spread now: GRVT against SunX+0.092%7-day average +0.051% · you sell dearer than you buy

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

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.092%, 7d avg +0.051%

Together, before fees+0.051%+ Points / potential airdropGRVT: Active · farm board+$5 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: GRVT is 0.041% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX QCOM-USDT	195.20	0	get 0.0000% / 8h	3h 58m	$978	$4.5M	10x
Short	GRVT QCOM_USDT_Perp	195.38	0	get 0.0000% / 8h	3h 58m	$6K	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → +0.051%: $4.11
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$12.89
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; GRVT: live order book, 59 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	500.37 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 59 min ago	2.29 bp	18.3 bp −$18	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	−0.0730%	4h	195.38	+0.094%	$81K	$273K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.42	+0.114%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.23	+0.015%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.33	+0.067%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.35	+0.077%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.33	+0.067%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	195.39	+0.098%	$317K	$78K	—	as long as short
GRVT QCOM_USDT_Perpshort	0.0000%	8h	195.38	+0.092%	$6K	$189K	10x
SunX QCOM-USDTlong	0.0000%	8h	195.20	long leg	$978	$4.5M	10x
HTX QCOM-USDT	0.0000%	8h	195.42	+0.113%	$10K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	195.34	+0.072%	$1.6M	$990K	10x	as long as short
QFEX QCOM-USD	+0.0029%	1h	195.20	0.000%	$1.2M	$3.2M	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.21	+0.005%	—	—	10x	as long as short
BloFin QCOM-USDT	+0.0042%	8h	195.43	+0.118%	$129K	$54K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.33	+0.067%	$83K	$894K	10x	as long as short
Binance QCOMUSDT	+0.0067%	8h	195.29	+0.046%	$11.1M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0072%	1h	195.24	+0.019%	$103K	$421K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.24	+0.020%	$318K	$512K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.12	+10.205%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.36	+0.082%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0549%	1h	195.48	+0.143%	$7.5M	$2.4M	10x	as long as short