Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.040%

Price spread now: Extended against Bybit+0.025%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1231.233% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.025%, 7d avg −0.012%

Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.037% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	195.92	0.0179	pay 0.0179% / 8h	7h 50m	$2.0M	$1.7M	25x
Short	Extended QCOM-USD	195.97	0.0328	get 0.0041% / 1h	50m 07s	$102K	$306K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now +0.025%Rate

Funding earned: $31.29
Price spread: +0.025% → −0.012%: $3.73
Slippage, 4 orders: −$107.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$88.27
Costs to cover: 1.233%
Break-even: 26.7 days

Slippage from Bybit: live order book, 1 min ago; Extended: 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, 1 min ago	4.34 bp	27.9 bp −$28	108.0 bp −$1,080	doesn't fit	doesn't fit
Sell Extended live order book, 22 min ago	5.37 bp	21.0 bp −$21	159.3 bp −$1,593	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	195.85	−0.037%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.02	+0.051%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.02	+0.051%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.03	+0.056%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.72	−0.102%	$618	$4.8M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.05	+0.066%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	196.00	+0.041%	$1.6M	$965K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.80	−0.061%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0040%	1h	195.89	−0.015%	$1.2M	$3.0M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	196.04	+0.061%	$85K	$890K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin QCOMUSDTM	+0.0100%	8h	195.91	−0.005%	$320K	$513K	20x	as long as short
GRVT QCOM_USDT_Perp	+0.0128%	8h	196.02	+0.051%	$6K	$209K	10x	as long as short
Bybit QCOMUSDTlong	+0.0179%	8h	195.92	long leg	$2.0M	$1.7M	25x
Injective QCOM/USDC PERP	+0.0220%	1h	215.33	+9.907%	$26K	$25K	12x	as long as short
Variational Omni QCOM	+0.0287%	8h	195.92	+0.002%	$322K	$74K	—	as long as short
Phoenix QCOM	+0.0327%	1h	195.96	+0.020%	$98K	$249K	10x	as long as short
Binance QCOMUSDT	+0.0327%	8h	196.01	+0.046%	$10.9M	$22.9M	20x	as long as short
Extended QCOM-USDshort	+0.0328%	1h	195.97	+0.025%	$102K	$306K	10x
BloFin QCOM-USDT	+0.0328%	8h	195.74	−0.092%	$127K	$55K	20x	as long as short
tradeXYZ xyz:QCOM	+0.0417%	1h	196.12	+0.102%	$7.2M	$2.2M	10x	as long as short
edgeX QCOMUSDC	+0.0851%	4h	195.96	+0.018%	$82K	$267K	10x	as long as short