Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0195%/8h= −21.4% APRpaid last 24h —

Price spread now: Lighter against Variational Omni−0.017%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni QCOM	195.81	0.0227	pay 0.0227% / 8h	7h 11m	$322K	$74K	—
Short	Lighter QCOM	195.78	0.0032	get 0.0004% / 1h	11m 09s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$41.05
Price spread: −0.017% → 0.000%: −$1.67
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: −$42.72
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Lighter: no order-book sample. 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, 63 min ago	2.66 bp	doesn't fit	36.9 bp −$369	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0866%	4h	195.91	+0.048%	$82K	$270K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.80	−0.008%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.89	+0.039%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.98	+0.085%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.91	+0.050%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.92	+0.055%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.94	+0.067%	$6K	$197K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.73	−0.042%	$644	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.22	+0.208%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.89	+0.039%	$1.6M	$965K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOMshort	+0.0032%	1h	195.78	−0.017%	—	—	10x
QFEX QCOM-USD	+0.0040%	1h	195.85	+0.019%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.87	+0.029%	$85K	$885K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.75	−0.032%	$319K	$521K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.15	+9.875%	$26K	$25K	12x	as long as short
Variational Omni QCOMlong	+0.0227%	8h	195.81	long leg	$322K	$74K	—
Extended QCOM-USD	+0.0264%	1h	195.87	+0.028%	$107K	$402K	10x	as long as short
Binance QCOMUSDT	+0.0265%	8h	195.92	+0.055%	$10.8M	$22.8M	20x	as long as short
BloFin QCOM-USDT	+0.0271%	8h	195.82	+0.004%	$127K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	195.81	−0.001%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0357%	1h	195.90	+0.045%	$7.2M	$2.2M	10x	as long as short