Funding arb · Price arb /

QCOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0562%/8h= −61.5% APRpaid last 24h −0.147%

Price spread now: Bitget against tradeXYZ−0.016%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$890.885% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.336%−$34 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.016%, 7d avg +0.074%

Together, before fees−0.271%+ Points / potential airdroptradeXYZ: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.090% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.074%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% 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	191.57	0.0460	pay 0.0057% / 1h	24m 45s	$7.7M	$2.7M	10x
Short	Bitget QCOMUSDT	191.54	−0.0102	pay 0.0102% / 8h	7h 24m	$1.3M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee tradeXYZbpFee BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$117.93
Price spread: −0.016% → +0.074%: −$8.96
Slippage, 4 orders: −$58.54
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$215.44
Costs to cover: 0.885%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 2 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, 4 min ago	1.05 bp	14.2 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.01 bp	17.0 bp −$17	58.5 bp −$585	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
GRVT QCOM_USDT_Perp	−0.0310%	8h	191.67	+0.052%	$6K	$166K	10x	as long as short
Bitget QCOMUSDTshort	−0.0102%	8h	191.54	−0.016%	$1.3M	$1.2M	20x
Aster QCOMUSDT	0.0000%	8h	191.36	−0.109%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	191.43	−0.074%	$103K	$475K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	191.47	−0.051%	$10.7M	$24.7M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	191.59	+0.010%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	191.59	+0.010%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	191.55	−0.010%	$4.4M	$3.4M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	191.43	−0.072%	$303K	$117K	—	as long as short
SunX QCOM-USDT	0.0000%	8h	191.63	+0.031%	$717	$4.2M	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	191.48	−0.047%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	191.54	−0.016%	$1.6M	$1.1M	10x	as long as short
BloFin QCOM-USDT	+0.0028%	8h	191.75	+0.094%	$130K	$54K	20x	as long as short
Lighter QCOM	+0.0032%	1h	191.39	−0.094%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0049%	1h	191.51	−0.031%	$1.2M	$3.1M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	191.56	−0.005%	$78K	$685K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	191.37	−0.104%	$319K	$611K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.01	+10.670%	$25K	$21K	12x	as long as short
edgeX QCOMUSDC	+0.0263%	4h	191.32	−0.130%	$79K	$274K	10x	as long as short
tradeXYZ xyz:QCOMlong	+0.0460%	1h	191.57	long leg	$7.7M	$2.7M	10x
Phoenix QCOM	+0.0497%	1h	191.49	−0.042%	$96K	$237K	10x	as long as short