Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against SunX−0.026%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.026% cheaper against SunX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX QCOM-USDT	195.80	0	get 0.0000% / 8h	4h 46m	$613	$4.6M	10x
Short	Lighter QCOM	195.75	0.0032	get 0.0004% / 1h	46m 10s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.026%Rate

Funding earned: $6.72
Price spread: −0.026% → 0.000%: −$2.55
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$3.83
Costs to cover: 0.080%
Break-even: 11.0 days

Slippage unknown: SunX: live order book, 12 min ago; Lighter: no order-book sample. 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, 12 min ago	500.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster QCOMUSDT	0.0000%	8h	195.92	+0.063%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.81	+0.005%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.05	+0.128%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.99	+0.097%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.01	+0.107%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.96	+0.082%	$6K	$191K	10x	as long as short
SunX QCOM-USDTlong	0.0000%	8h	195.80	long leg	$613	$4.6M	10x
HTX QCOM-USDT	0.0000%	8h	196.05	+0.128%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.03	+0.117%	$1.6M	$1.0M	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	195.75	−0.026%	—	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0032%	1h	195.96	+0.082%	$1.2M	$3.3M	10x	as long as short
Variational Omni QCOM	+0.0049%	8h	195.96	+0.081%	$318K	$78K	—	as long as short
Polymarket Perps QCOM-USD	+0.0064%	1h	196.01	+0.107%	$83K	$894K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.85	+0.026%	$319K	$523K	20x	as long as short
Binance QCOMUSDT	+0.0112%	8h	195.98	+0.093%	$11.1M	$22.9M	20x	as long as short
Extended QCOM-USD	+0.0112%	1h	195.93	+0.065%	$102K	$418K	10x	as long as short
edgeX QCOMUSDC	+0.0129%	4h	195.89	+0.047%	$81K	$272K	10x	as long as short
BloFin QCOM-USDT	+0.0133%	8h	195.89	+0.046%	$129K	$54K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.78	+10.204%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	195.98	+0.092%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0470%	1h	196.14	+0.174%	$7.4M	$2.4M	10x	as long as short