Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:QCOM192.760.0457pay 0.0057% / 1h41m 03s$7.6M$2.7M10x
ShortBinance QCOMUSDT192.540get 0.0000% / 8h1h 41m$10.8M$24.5M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 7 min ago0.78 bp13.8 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago1.56 bp9.8 bp −$1027.9 bp −$279133.2 bp −$13.3Kdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget QCOMUSDT−0.0409%8h192.65−0.057%$1.3M$1.2M20xas long as short
Aster QCOMUSDT0.0000%8h192.57−0.099%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h192.60−0.084%$101K$477K10xas long as short
Binance QCOMUSDTshort0.0000%8h192.54−0.115%$10.8M$24.5M20x
Bybit QCOMUSDT0.0000%8h192.64−0.062%$1.7M$2.3M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h192.60−0.083%$1.8M$3.8M20xas long as short
Gate QCOM_USDT0.0000%8h192.65−0.057%$4.4M$3.5M50xas long as short
Variational Omni QCOM0.0000%8h192.66−0.051%$322K$100Kas long as short
GRVT QCOM_USDT_Perp0.0000%8h192.70−0.031%$6K$183K10xas long as short
SunX QCOM-USDT0.0000%8h192.48−0.145%$858$4.5M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QCOM-USDT0.0000%8h192.70−0.031%$9K$11K20xas long as short
Phemex QCOMUSDT0.0000%8h192.65−0.057%$1.6M$1.1M10xas long as short
BloFin QCOM-USDT+0.0030%8h192.66−0.052%$130K$54K20xas long as short
Lighter QCOM+0.0032%1h192.53−0.119%10xas long as short
Polymarket Perps QCOM-USD+0.0050%1h192.62−0.073%$75K$885K10xas long as short
QFEX QCOM-USD+0.0051%1h192.61−0.078%$1.2M$3.2M10xas long as short
KuCoin QCOMUSDTM+0.0100%8h192.40−0.187%$321K$573K20xas long as short
edgeX QCOMUSDC+0.0133%4h192.65−0.059%$79K$275K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h212.24+10.106%$25K$25K12xas long as short
tradeXYZ xyz:QCOMlong+0.0457%1h192.76long leg$7.6M$2.7M10x
Phoenix QCOM+0.0496%1h192.73−0.016%$96K$239K10xas long as short