Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.6% APRnext payment +$0.32 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit−0.020%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2932.935% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.020%, 7d avg −0.039%
Together, before fees+0.274%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QCOMUSDT195.720.0068pay 0.0068% / 8h7h 23m$2.0M$1.7M25x
ShortKuCoin QCOMUSDTM195.680.0100get 0.0100% / 8h7h 23m$318K$516K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$6.81
Price spread: −0.020% → −0.039%
$1.83
Slippage, 4 orders
−$270.45
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$284.81
Costs to cover
2.935%
Break-even
299.6 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago4.34 bp28.0 bp −$28113.0 bp −$1,130doesn't fitdoesn't fit
Sell KuCoin live order book, 29 min ago17.10 bp115.4 bp −$115doesn't fitdoesn't fitdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster QCOMUSDT0.0000%8h195.65−0.036%$18K$11K20xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.70−0.010%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.76+0.020%$4.5M$3.2M50xas long as short
Bitget QCOMUSDT0.0000%8h195.82+0.051%$1.3M$1.1M20xas long as short
GRVT QCOM_USDT_Perp0.0000%8h196.08+0.184%$6K$206K10xas long as short
SunX QCOM-USDT0.0000%8h195.71−0.005%$910$4.7M10xas long as short
HTX QCOM-USDT0.0000%8h196.12+0.204%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.67−0.026%$1.6M$962K10xas long as short
Lighter QCOM+0.0032%1h195.59−0.066%10xas long as short
QFEX QCOM-USD+0.0040%1h195.65−0.036%$1.2M$2.9M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps QCOM-USD+0.0061%1h195.73+0.005%$85K$887K10xas long as short
Bybit QCOMUSDTlong+0.0068%8h195.72long leg$2.0M$1.7M25x
KuCoin QCOMUSDTMshort+0.0100%8h195.68−0.020%$318K$516K20x
edgeX QCOMUSDC+0.0102%4h196.09+0.190%$82K$267K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.06+9.881%$26K$25K12xas long as short
Variational Omni QCOM+0.0257%8h195.91+0.098%$322K$74Kas long as short
BloFin QCOM-USDT+0.0264%8h196.01+0.148%$128K$54K20xas long as short
Extended QCOM-USD+0.0288%1h195.61−0.056%$107K$402K10xas long as short
Binance QCOMUSDT+0.0290%8h195.65−0.036%$10.8M$22.7M20xas long as short
Phoenix QCOM+0.0327%1h196.03+0.158%$98K$249K10xas long as short
tradeXYZ xyz:QCOM+0.0386%1h195.66−0.031%$7.2M$2.2M10xas long as short