Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.006%

Price spread now: Injective against Binance+9.650%97s7-day average — · you sell dearer than you buy

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 9.650% dearer against Binance than usual: you sell high and buy low, +$965 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QCOMUSDT	195.24	0.0215	pay 0.0215% / 8h	45m 44s	$10.8M	$23.0M	20x
Short	Injective QCOM/USDC PERP	214.08	0.0220	get 0.0028% / 1h	45m 44s	$25K	$25K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. 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 BinancebpFee InjectivebpOrdersPrice spread, now +9.650%Rate

Funding earned: $0.97
Price spread: +9.650% → 0.000%: $964.97
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $955.92
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 10 min ago; Injective: 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 Binance live order book, 10 min ago	0.51 bp	9.1 bp −$9	25.5 bp −$255	115.5 bp −$11.6K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0716%	4h	194.99	−0.129%	$81K	$267K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.10	−0.071%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.06	−0.092%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.27	+0.015%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.25	+0.005%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.17	−0.036%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	194.91	−0.169%	$776	$4.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.24	0.000%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.13	−0.056%	$1.6M	$968K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.00	−0.123%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps QCOM-USD	+0.0050%	1h	195.06	−0.092%	$85K	$1.4M	10x	as long as short
QFEX QCOM-USD	+0.0052%	1h	195.07	−0.087%	$1.2M	$2.9M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.04	−0.102%	$318K	$511K	20x	as long as short
Variational Omni QCOM	+0.0126%	8h	194.97	−0.141%	$320K	$77K	—	as long as short
Extended QCOM-USD	+0.0208%	1h	195.21	−0.018%	$105K	$268K	10x	as long as short
BloFin QCOM-USDT	+0.0213%	8h	195.01	−0.118%	$125K	$50K	20x	as long as short
Binance QCOMUSDTlong	+0.0215%	8h	195.24	long leg	$10.8M	$23.0M	20x
Injective QCOM/USDC PERPshort	+0.0220%	1h	214.08	+9.650%	$25K	$25K	12x
GRVT QCOM_USDT_Perp	+0.0251%	8h	194.96	−0.143%	$6K	$215K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0328%	1h	195.20	−0.020%	$7.1M	$2.3M	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.14	−0.051%	$98K	$259K	10x	as long as short