Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: Variational Omni against Bybit−0.030%7-day average +0.002% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.030%, 7d avg +0.002%

Together, before fees+0.144%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.032% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QCOMUSDT	192.72	0	get 0.0000% / 8h	1h 44m	$1.7M	$2.3M	25x
Short	Variational Omni QCOM	192.66	0	get 0.0000% / 8h	1h 44m	$322K	$100K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.002%: −$3.21
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$14.21
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 64 min ago. 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, 2 min ago	2.59 bp	29.6 bp −$30	112.9 bp −$1,129	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 64 min ago	2.66 bp	doesn't fit	55.8 bp −$558	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
Bitget QCOMUSDT	−0.0412%	8h	192.71	−0.005%	$1.3M	$1.2M	20x	as long as short
BloFin QCOM-USDT	−0.0009%	8h	192.83	+0.057%	$130K	$54K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.64	−0.039%	$17K	$11K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	192.58	−0.071%	$101K	$477K	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	192.69	−0.016%	$10.8M	$24.5M	20x	as long as short
Bybit QCOMUSDTlong	0.0000%	8h	192.72	long leg	$1.7M	$2.3M	25x
OKX QCOM-USDT-SWAP	0.0000%	8h	192.65	−0.036%	$1.8M	$3.8M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	192.71	−0.005%	$4.4M	$3.5M	50x	as long as short
Variational Omni QCOMshort	0.0000%	8h	192.66	−0.030%	$322K	$100K	—
GRVT QCOM_USDT_Perp	0.0000%	8h	192.73	+0.005%	$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	192.61	−0.057%	$682	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.78	+0.031%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	192.71	−0.005%	$1.6M	$1.1M	10x	as long as short
Lighter QCOM	+0.0032%	1h	192.50	−0.114%	—	—	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	192.66	−0.031%	$75K	$886K	10x	as long as short
QFEX QCOM-USD	+0.0051%	1h	192.53	−0.099%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.46	−0.135%	$320K	$570K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	212.24	+10.129%	$25K	$25K	12x	as long as short
tradeXYZ xyz:QCOM	+0.0479%	1h	192.80	+0.042%	$7.6M	$2.7M	10x	as long as short
Phoenix QCOM	+0.0496%	1h	192.68	−0.021%	$96K	$239K	10x	as long as short
edgeX QCOMUSDC	+0.0899%	4h	192.67	−0.025%	$79K	$274K	10x	as long as short