Funding you earn now, next payment 09:00 UTC−0.0508%/8h= −55.7% APRpaid last 24h −0.129%
Price spread now: Bybit against tradeXYZ−0.047%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days−0.301%−$30 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.047%, 7d avg +0.028%
=Together, before fees−0.234%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.075% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.301% in total (about -15.7% 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 | 192.44 | 0.0508 | pay 0.0064% / 1h | 42m 27s | $7.7M | $2.8M | 10x |
| Short | Bybit QCOMUSDT | 192.35 | 0 | get 0.0000% / 8h | 7h 42m | $1.7M | $2.3M | 25x |
tradeXYZ xyz:QCOM
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$106.76
- Price spread: −0.047% → +0.028%
- −$7.47
- Slippage, 4 orders
- −$80.69
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.92
- Costs to cover
- 1.097%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 1.82 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.86 bp | 28.2 bp −$28 | 102.8 bp −$1,028 | 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 | −0.0182% | 8h | 192.73 | +0.151% | $6K | $170K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0143% | 8h | 192.40 | −0.021% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.49 | +0.027% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.36 | −0.041% | $104K | $479K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 192.39 | −0.026% | $10.8M | $24.5M | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 192.35 | −0.047% | $1.7M | $2.3M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.38 | −0.031% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.43 | −0.005% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.28 | −0.081% | $305K | $117K | — | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.41 | −0.016% | $806 | $4.3M | 10x | as long as short |
GRVT QCOM_USDT_Perp
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
SunX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 192.45 | +0.005% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.44 | 0.000% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0010% | 8h | 192.60 | +0.083% | $130K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.19 | −0.130% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0049% | 1h | 192.31 | −0.068% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.20 | −0.125% | $79K | $766K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.29 | −0.078% | $319K | $593K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.01 | +10.169% | $25K | $21K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0308% | 4h | 192.60 | +0.084% | $79K | $276K | 10x | as long as short |
| Phoenix QCOM | +0.0497% | 1h | 192.27 | −0.088% | $96K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0508% | 1h | 192.44 | long leg | $7.7M | $2.8M | 10x |
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
edgeX QCOMUSDC
Phoenix QCOM