Funding you earn now, next payment 06:00 UTC−0.0683%/8h= −74.8% APRpaid last 24h −0.099%
Price spread now: OKX against tradeXYZ−0.026%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.026%, 7d avg +0.060%
=Together, before fees−0.141%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and OKX is 0.086% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.259% in total (about -13.5% 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 | 192.35 | 0.0683 | pay 0.0085% / 1h | 24m 33s | $7.5M | $2.7M | 10x |
| Short | OKX QCOM-USDT-SWAP | 192.30 | 0 | get 0.0000% / 8h | 2h 24m | $1.8M | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$143.51
- Price spread: −0.026% → +0.060%
- −$8.59
- Slippage, 4 orders
- −$29.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$210
- Costs to cover
- 0.579%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; OKX: live order book, 3 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 | 0.78 bp | 14.6 bp −$15 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.08 bp | 11.6 bp −$12 | 30.3 bp −$303 | 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 QCOMUSDC | −0.0747% | 4h | 192.20 | −0.080% | $79K | $272K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0373% | 8h | 192.37 | +0.010% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.40 | +0.024% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.31 | −0.021% | $1.7M | $2.4M | 25x | as long as short |
| OKX QCOM-USDT-SWAPshort | 0.0000% | 8h | 192.30 | −0.026% | $1.8M | $3.7M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 192.25 | −0.052% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.25 | −0.050% | $304K | $84K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.55 | +0.103% | $6K | $185K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.10 | −0.130% | $1K | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 192.42 | +0.036% | $9K | $11K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 192.32 | −0.016% | $1.6M | $1.1M | 10x | as long as short |
| Extended QCOM-USD | +0.0016% | 1h | 192.19 | −0.085% | $101K | $474K | 10x | as long as short |
| Binance QCOMUSDT | +0.0019% | 8h | 192.27 | −0.042% | $10.9M | $24.1M | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 191.96 | −0.203% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0045% | 8h | 192.32 | −0.016% | $129K | $54K | 20x | as long as short |
| QFEX QCOM-USD | +0.0058% | 1h | 192.24 | −0.057% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.08 | −0.140% | $316K | $552K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.38 | +10.413% | $25K | $25K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0236% | 1h | 192.36 | +0.005% | $75K | $889K | 10x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 192.59 | +0.125% | $96K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0683% | 1h | 192.35 | long leg | $7.5M | $2.7M | 10x |
tradeXYZ xyz:QCOM
OKX QCOM-USDT-SWAP
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Lighter QCOM
BloFin QCOM-USDT
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
Phoenix QCOM