Funding you earn now, next payment 09:00 UTC−0.0498%/8h= −54.5% APRpaid last 24h −0.102%
Price spread now: Variational Omni against tradeXYZ−0.102%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.102%, 7d avg +0.015%
=Together, before fees+0.094%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$9 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 Variational Omni is 0.117% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.144% in total (about -14.3% 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 | 192.48 | 0.0498 | pay 0.0062% / 1h | 41m 06s | $7.7M | $2.8M | 10x |
| Short | Variational Omni QCOM | 192.28 | 0 | get 0.0000% / 8h | 7h 41m | $305K | $117K | — |
tradeXYZ xyz:QCOM
Variational Omni QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$104.6
- Price spread: −0.102% → +0.015%
- −$11.75
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$134.35
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Variational Omni: RFQ quote, 58 min ago. Net counts fees only.
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, 7 min ago | 1.82 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 2.64 bp | doesn't fit | 34.8 bp −$348 | 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 | −0.0258% | 8h | 192.41 | −0.034% | $6K | $170K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0141% | 8h | 192.38 | −0.052% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.56 | +0.042% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.33 | −0.080% | $104K | $479K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 192.41 | −0.035% | $10.8M | $24.5M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.34 | −0.073% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.30 | −0.094% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.40 | −0.042% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOMshort | 0.0000% | 8h | 192.28 | −0.102% | $305K | $117K | — | |
| SunX QCOM-USDT | 0.0000% | 8h | 192.38 | −0.052% | $791 | $4.3M | 10x | as long as short |
GRVT QCOM_USDT_Perp
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
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 | 192.61 | +0.068% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.34 | −0.073% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0013% | 8h | 192.44 | −0.021% | $129K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.24 | −0.125% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0049% | 1h | 192.37 | −0.057% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.25 | −0.119% | $79K | $766K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.26 | −0.114% | $320K | $594K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.01 | +10.147% | $25K | $21K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0308% | 4h | 192.60 | +0.064% | $79K | $276K | 10x | as long as short |
| Phoenix QCOM | +0.0497% | 1h | 192.40 | −0.042% | $96K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0498% | 1h | 192.48 | 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