Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h —

Price spread now: Lighter against BloFin−0.051%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.051% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin QCOM-USDT	196.12	0.0123	pay 0.0123% / 8h	4h 37m	$129K	$54K	20x
Short	Lighter QCOM	196.02	0.0032	get 0.0004% / 1h	37m 07s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$19.16
Price spread: −0.051% → 0.000%: −$5.1
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$36.26
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 59 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 BloFin live order book, 59 min ago	2.81 bp	11.3 bp −$11	20.5 bp −$205	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
Aster QCOMUSDT	0.0000%	8h	196.06	−0.032%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	196.01	−0.056%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.94	−0.092%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.14	+0.010%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.15	+0.015%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.27	+0.076%	$6K	$190K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.94	−0.092%	$837	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.24	+0.061%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.12	0.000%	$1.6M	$992K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	196.02	−0.051%	—	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0032%	1h	196.05	−0.036%	$1.2M	$3.3M	10x	as long as short
Variational Omni QCOM	+0.0044%	8h	196.17	+0.025%	$319K	$78K	—	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	196.00	−0.061%	$320K	$522K	20x	as long as short
Extended QCOM-USD	+0.0104%	1h	196.06	−0.029%	$102K	$418K	10x	as long as short
Binance QCOMUSDT	+0.0105%	8h	196.04	−0.041%	$11.1M	$22.8M	20x	as long as short
BloFin QCOM-USDTlong	+0.0123%	8h	196.12	long leg	$129K	$54K	20x
Polymarket Perps QCOM-USD	+0.0136%	1h	196.14	+0.010%	$83K	$894K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.64	+9.953%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0448%	1h	196.32	+0.102%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0504%	1h	196.21	+0.046%	$7.5M	$2.4M	10x	as long as short
edgeX QCOMUSDC	+0.0885%	4h	196.10	−0.010%	$81K	$271K	10x	as long as short