Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0559%/8h= +61.2% APRpaid last 24h +0.021%

Price spread now: edgeX against Variational Omni+0.018%7-day average −0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.073%+$7 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.018%, 7d avg −0.003%

Together, before fees+0.016%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and edgeX is 0.021% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.003%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.073% in total (about 7.5% 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	Variational Omni QCOM	192.04	0	get 0.0000% / 8h	2h 18m	$304K	$84K	—
Short	edgeX QCOMUSDC	192.07	0.0559	get 0.0280% / 4h	2h 18m	$79K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.018%Rate

Funding earned: $117.39
Price spread: +0.018% → −0.003%: $2.11
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $110.5
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: Variational Omni: RFQ quote, 30 min ago; edgeX: live order book, 29 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 Variational Omni RFQ quote, 30 min ago	2.66 bp	doesn't fit	50.9 bp −$509	doesn't fit	doesn't fit
Sell edgeX live order book, 29 min ago	6.20 bp	11.1 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
Bitget QCOMUSDT	−0.0448%	8h	192.30	+0.137%	$1.3M	$1.2M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.39	+0.183%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.28	+0.127%	$1.7M	$2.4M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.29	+0.132%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.35	+0.163%	$4.4M	$3.5M	50x	as long as short
Variational Omni QCOMlong	0.0000%	8h	192.04	long leg	$304K	$84K	—
GRVT QCOM_USDT_Perp	0.0000%	8h	192.16	+0.062%	$6K	$185K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	192.02	−0.009%	$818	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.29	+0.132%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.35	+0.163%	$1.6M	$1.1M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QCOM-USDT	+0.0015%	8h	192.22	+0.096%	$129K	$54K	20x	as long as short
Extended QCOM-USD	+0.0016%	1h	192.25	+0.109%	$101K	$474K	10x	as long as short
Binance QCOMUSDT	+0.0019%	8h	192.28	+0.126%	$10.9M	$24.2M	20x	as long as short
Lighter QCOM	+0.0032%	1h	191.96	−0.040%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0058%	1h	192.20	+0.085%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.05	+0.007%	$319K	$553K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.38	+10.594%	$25K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0245%	1h	192.22	+0.096%	$75K	$889K	10x	as long as short
Phoenix QCOM	+0.0496%	1h	192.35	+0.163%	$96K	$239K	10x	as long as short
edgeX QCOMUSDCshort	+0.0559%	4h	192.07	+0.018%	$79K	$273K	10x
tradeXYZ xyz:QCOM	+0.0687%	1h	192.34	+0.158%	$7.5M	$2.7M	10x	as long as short