Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Bybit+0.005%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	195.41	0	get 0.0000% / 8h	38m 43s	$1.9M	$1.9M	25x
Short	Lighter QCOM	195.42	0.0032	get 0.0004% / 1h	38m 43s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.005%Rate

Funding earned: $6.72
Price spread: +0.005% → 0.000%: $0.51
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$3.77
Costs to cover: 0.110%
Break-even: 10.9 days

Slippage unknown: Bybit: live order book, 3 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 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 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	195.35	−0.030%	$18K	$11K	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	195.41	long leg	$1.9M	$1.9M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	195.57	+0.082%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.43	+0.010%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.49	+0.041%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.17	−0.123%	$689	$4.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.33	−0.041%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.44	+0.015%	$1.6M	$970K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	195.42	+0.005%	—	—	10x
Polymarket Perps QCOM-USD	+0.0050%	1h	195.39	−0.010%	$85K	$1.4M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0052%	1h	195.24	−0.087%	$1.2M	$2.9M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.28	−0.067%	$318K	$511K	20x	as long as short
Variational Omni QCOM	+0.0165%	8h	195.04	−0.189%	$320K	$77K	—	as long as short
BloFin QCOM-USDT	+0.0202%	8h	195.29	−0.061%	$126K	$50K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.08	+9.554%	$25K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0222%	8h	195.47	+0.029%	$10.8M	$23.0M	20x	as long as short
Extended QCOM-USD	+0.0224%	1h	195.37	−0.021%	$105K	$268K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0250%	1h	195.48	+0.036%	$7.1M	$2.2M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0263%	8h	195.23	−0.092%	$7K	$214K	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.08	−0.169%	$97K	$259K	10x	as long as short
edgeX QCOMUSDC	+0.0835%	4h	195.07	−0.175%	$81K	$266K	10x	as long as short