Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit−0.056%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.056%, 7d avg +0.022%
=Funding pays, the price is against you. BloFin is 0.078% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.022%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.111% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.111% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.02 per $10,000. 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 | Bybit QCOMUSDT | 195.40 | 0 | get 0.0000% / 8h | 38m 26s | $1.9M | $1.9M | 25x |
| Short | BloFin QCOM-USDT | 195.29 | 0.0202 | get 0.0202% / 8h | 38m 26s | $126K | $50K | 20x |
Bybit QCOMUSDT
BloFin QCOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42.41
- Price spread: −0.056% → +0.022%
- −$7.82
- Slippage, 4 orders
- −$67.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$55.45
- Costs to cover
- 0.900%
- Break-even
- 16.2 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 22 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 Bybit live order book, 3 min ago | 3.33 bp | 30.3 bp −$30 | 102.6 bp −$1,026 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 0.51 bp | 10.3 bp −$10 | 22.3 bp −$223 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.38 | −0.011% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTlong | 0.0000% | 8h | 195.40 | long leg | $1.9M | $1.9M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.57 | +0.087% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.46 | +0.031% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.49 | +0.046% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.17 | −0.118% | $689 | $4.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.33 | −0.036% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.44 | +0.020% | $1.6M | $970K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.42 | +0.010% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.41 | +0.005% | $85K | $1.4M | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0052% | 1h | 195.41 | +0.005% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.28 | −0.061% | $318K | $511K | 20x | as long as short |
| Variational Omni QCOM | +0.0165% | 8h | 195.04 | −0.184% | $320K | $77K | — | as long as short |
| BloFin QCOM-USDTshort | +0.0202% | 8h | 195.29 | −0.056% | $126K | $50K | 20x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.08 | +9.560% | $25K | $25K | 12x | as long as short |
| Binance QCOMUSDT | +0.0222% | 8h | 195.47 | +0.035% | $10.8M | $23.0M | 20x | as long as short |
| Extended QCOM-USD | +0.0224% | 1h | 195.44 | +0.020% | $105K | $268K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0250% | 1h | 195.48 | +0.041% | $7.1M | $2.2M | 10x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0263% | 8h | 195.23 | −0.087% | $7K | $214K | 10x | as long as short |
| Phoenix QCOM | +0.0410% | 1h | 195.08 | −0.164% | $97K | $259K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0835% | 4h | 195.07 | −0.170% | $81K | $266K | 10x | as long as short |
QFEX QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Binance QCOMUSDT
Extended QCOM-USD
tradeXYZ xyz:QCOM
GRVT QCOM_USDT_Perp
Phoenix QCOM
edgeX QCOMUSDC