Funding you earn now, next payment 07:00 UTC−0.0447%/8h= −49.0% APRnext payment −$0.56 per $10,000 · paid last 24h −0.091%
Price spread now: Polymarket Perps against tradeXYZ−0.083%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.083%, 7d avg −0.010%
=Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Polymarket Perps is 0.072% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.174% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 per $10,000. 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 | 193.52 | 0.0497 | pay 0.0062% / 1h | 17m 26s | $7.6M | $2.8M | 10x |
| Short | Polymarket Perps QCOM-USD | 193.36 | 0.0050 | get 0.0006% / 1h | 17m 26s | $76K | $885K | 10x |
tradeXYZ xyz:QCOM
Polymarket Perps QCOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$93.96
- Price spread: −0.083% → −0.010%
- −$7.24
- Slippage, 4 orders
- −$19.42
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$146.62
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Polymarket Perps: live order book, 5 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, 11 min ago | 1.04 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.07 bp | 6.1 bp −$6 | 8.0 bp −$80 | 10.4 bp −$1,038 | 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 | −0.0539% | 4h | 193.05 | −0.244% | $80K | $274K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0354% | 8h | 193.38 | −0.072% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.08 | −0.229% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 193.30 | −0.113% | $101K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 193.37 | −0.078% | $10.9M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.29 | −0.119% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.39 | −0.067% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.37 | −0.078% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.13 | −0.203% | $305K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.05 | −0.243% | $6K | $182K | 10x | as long as short |
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 193.10 | −0.217% | $1K | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.13 | −0.202% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.28 | −0.124% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0015% | 8h | 193.14 | −0.196% | $130K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.15 | −0.191% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USDshort | +0.0050% | 1h | 193.36 | −0.083% | $76K | $885K | 10x | |
| QFEX QCOM-USD | +0.0051% | 1h | 193.32 | −0.103% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.05 | −0.243% | $321K | $566K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 211.82 | +9.456% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 193.29 | −0.119% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0497% | 1h | 193.52 | long leg | $7.6M | $2.8M | 10x |
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM