Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h −0.034%

Price spread now: Polymarket Perps against BloFin−0.093%45s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.321% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.093%, 7d avg −0.045%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.048% cheaper against BloFin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.045%). If the spread goes back, that is −$5 on $10k: about 2.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.028% in total) that is about 12 days. The two prices were read 45 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	BloFin QCOM-USDT	192.83	−0.0009	get 0.0009% / 8h	1h 43m	$130K	$54K	20x
Short	Polymarket Perps QCOM-USD	192.65	0.0050	get 0.0006% / 1h	43m 58s	$75K	$885K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.093%Rate

Funding earned: $12.36
Price spread: −0.093% → −0.045%: −$4.82
Slippage, 4 orders: −$12.14
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.6
Costs to cover: 0.321%
Break-even: 20.9 days

Slippage from BloFin: live order book, 28 min ago; Polymarket Perps: live order book, 44 min ago.

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, 28 min ago	1.04 bp	10.1 bp −$10	20.3 bp −$203	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 44 min ago	2.34 bp	6.3 bp −$6	9.3 bp −$93	11.4 bp −$1,136	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	−0.0412%	8h	192.71	−0.062%	$1.3M	$1.2M	20x	as long as short
BloFin QCOM-USDTlong	−0.0009%	8h	192.83	long leg	$130K	$54K	20x
Aster QCOMUSDT	0.0000%	8h	192.55	−0.143%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.62	−0.110%	$101K	$477K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.66	−0.088%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	192.67	−0.083%	$1.7M	$2.3M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	192.65	−0.093%	$1.8M	$3.8M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.67	−0.083%	$4.4M	$3.5M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.66	−0.087%	$322K	$100K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	192.73	−0.052%	$6K	$183K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QCOM-USDT	0.0000%	8h	192.53	−0.156%	$714	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.78	−0.026%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.67	−0.083%	$1.6M	$1.1M	10x	as long as short
Lighter QCOM	+0.0032%	1h	192.40	−0.223%	—	—	10x	as long as short
Polymarket Perps QCOM-USDshort	+0.0050%	1h	192.65	−0.093%	$75K	$885K	10x
QFEX QCOM-USD	+0.0051%	1h	192.66	−0.088%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.47	−0.187%	$320K	$571K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.24	+10.066%	$25K	$25K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0479%	1h	192.82	−0.005%	$7.6M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0496%	1h	192.68	−0.078%	$96K	$239K	10x	as long as short
edgeX QCOMUSDC	+0.0899%	4h	192.67	−0.082%	$79K	$274K	10x	as long as short