Funding you earn now, next payment 07:00 UTC−0.0457%/8h= −50.0% APRpaid last 24h −0.056%
Price spread now: Binance against tradeXYZ−0.115%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 7 days+0.200%+$20 · spread now −0.115%, 7d avg +0.050%
=Together, before fees−0.006%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.166% cheaper against tradeXYZ than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.206% in total (about -10.7% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:QCOM | 192.76 | 0.0457 | pay 0.0057% / 1h | 41m 03s | $7.6M | $2.7M | 10x |
| Short | Binance QCOMUSDT | 192.54 | 0 | get 0.0000% / 8h | 1h 41m | $10.8M | $24.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$95.93
- Price spread: −0.115% → +0.050%
- −$16.57
- Slippage, 4 orders
- −$24.01
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$164.52
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Binance: live order book, 15 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 tradeXYZ live order book, 7 min ago | 0.78 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.56 bp | 9.8 bp −$10 | 27.9 bp −$279 | 133.2 bp −$13.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0409% | 8h | 192.65 | −0.057% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.57 | −0.099% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.60 | −0.084% | $101K | $477K | 10x | as long as short |
| Binance QCOMUSDTshort | 0.0000% | 8h | 192.54 | −0.115% | $10.8M | $24.5M | 20x | |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.64 | −0.062% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.60 | −0.083% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.65 | −0.057% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.66 | −0.051% | $322K | $100K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.70 | −0.031% | $6K | $183K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.48 | −0.145% | $858 | $4.5M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 192.70 | −0.031% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.65 | −0.057% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0030% | 8h | 192.66 | −0.052% | $130K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.53 | −0.119% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.62 | −0.073% | $75K | $885K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 192.61 | −0.078% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.40 | −0.187% | $321K | $573K | 20x | as long as short |
| edgeX QCOMUSDC | +0.0133% | 4h | 192.65 | −0.059% | $79K | $275K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.24 | +10.106% | $25K | $25K | 12x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0457% | 1h | 192.76 | long leg | $7.6M | $2.7M | 10x | |
| Phoenix QCOM | +0.0496% | 1h | 192.73 | −0.016% | $96K | $239K | 10x | as long as short |
tradeXYZ xyz:QCOM
Binance QCOMUSDT
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
edgeX QCOMUSDC
Injective QCOM/USDC PERP
Phoenix QCOM