Funding you earn now, next payment 04:00 UTC−0.1220%/8h= −133.6% APRpaid last 24h +0.025%
Price spread now: edgeX against tradeXYZ−0.080%46s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.080%, 7d avg +0.019%
=Together, before fees−0.313%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and edgeX is 0.100% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.428% in total (about -22.3% 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 | 195.78 | 0.0550 | pay 0.0069% / 1h | 12m 48s | $7.5M | $2.4M | 10x |
| Short | edgeX QCOMUSDC | 195.62 | −0.0670 | pay 0.0335% / 4h | 12m 48s | $81K | $273K | 10x |
tradeXYZ xyz:QCOM
edgeX QCOMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$256.27
- Price spread: −0.080% → +0.019%
- −$9.95
- Slippage, 4 orders
- −$27.71
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$320.93
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; edgeX: live order book, 45 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 | 1.02 bp | 15.6 bp −$16 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 45 min ago | 6.37 bp | 11.3 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDCshort | −0.0670% | 4h | 195.62 | −0.080% | $81K | $273K | 10x | |
| Aster QCOMUSDT | 0.0000% | 8h | 195.62 | −0.084% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.54 | −0.123% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.63 | −0.077% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.68 | −0.051% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.71 | −0.036% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.68 | −0.050% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.49 | −0.148% | $700 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.74 | −0.020% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.66 | −0.061% | $1.6M | $991K | 10x | as long as short |
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QCOM | +0.0001% | 8h | 195.67 | −0.056% | $318K | $78K | — | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.43 | −0.179% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.58 | −0.102% | $1.2M | $3.3M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0045% | 8h | 195.68 | −0.051% | $129K | $54K | 20x | as long as short |
| Extended QCOM-USD | +0.0072% | 1h | 195.58 | −0.104% | $103K | $421K | 10x | as long as short |
| Binance QCOMUSDT | +0.0074% | 8h | 195.64 | −0.072% | $11.1M | $22.8M | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.49 | −0.148% | $319K | $515K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0130% | 1h | 195.66 | −0.061% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.12 | +9.878% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.88 | +0.051% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0550% | 1h | 195.78 | long leg | $7.5M | $2.4M | 10x |
Variational Omni QCOM
Lighter QCOM
QFEX QCOM-USD
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM