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

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0783%/8h= −85.7% APRpaid last 24h −0.190%
Price spread now: QFEX against edgeX+0.088%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.135%−$13 on $10k
Price spread, last 3 days (all we have)−0.085%−$8 · spread now +0.088%, 7d avg −0.009%
Together, before fees−0.219%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.097% dearer against edgeX than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.009%): +$10 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 3 days (−0.135% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.135% in total (about -14.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX QCOMUSDC195.070.0835pay 0.0418% / 4h39m 25s$81K$266K10x
ShortQFEX QCOM-USD195.240.0052get 0.0007% / 1h39m 25s$1.2M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against edgeX. 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
−$164.4
Price spread: +0.088% → −0.009%
$9.71
Slippage, 4 orders
−$14.63
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$188.32
Costs to cover
0.336%
Break-even
never at this rate
Slippage from edgeX: live order book, 38 min ago; QFEX: live order book, 3 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 edgeX live order book, 38 min ago4.11 bp9.1 bp −$9108.1 bp −$1,081doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.28 bp6.3 bp −$69.3 bp −$93doesn'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%8h195.29+0.114%$18K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h195.40+0.170%$1.9M$1.9M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.43+0.186%$1.7M$3.7M20xas long as short
Gate QCOM_USDT0.0000%8h195.38+0.160%$4.4M$3.2M50xas long as short
Bitget QCOMUSDT0.0000%8h195.40+0.170%$1.3M$1.1M20xas long as short
SunX QCOM-USDT0.0000%8h195.00−0.035%$688$4.9M10xas long as short
HTX QCOM-USDT0.0000%8h195.31+0.124%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.21+0.073%$1.6M$969K10xas long as short
Lighter QCOM+0.0032%1h195.19+0.063%10xas long as short
Polymarket Perps QCOM-USD+0.0050%1h195.39+0.165%$85K$1.4M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX QCOM-USDshort+0.0052%1h195.24+0.088%$1.2M$2.9M10x
KuCoin QCOMUSDTM+0.0100%8h195.21+0.073%$318K$512K20xas long as short
Variational Omni QCOM+0.0165%8h195.04−0.014%$320K$77Kas long as short
BloFin QCOM-USDT+0.0209%8h195.22+0.078%$125K$50K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h214.08+9.747%$25K$25K12xas long as short
Binance QCOMUSDT+0.0221%8h195.36+0.148%$10.8M$23.0M20xas long as short
Extended QCOM-USD+0.0224%1h195.25+0.091%$105K$268K10xas long as short
tradeXYZ xyz:QCOM+0.0256%1h195.35+0.145%$7.1M$2.2M10xas long as short
GRVT QCOM_USDT_Perp+0.0263%8h195.23+0.083%$7K$214K10xas long as short
Phoenix QCOM+0.0410%1h195.08+0.006%$97K$259K10xas long as short
edgeX QCOMUSDClong+0.0835%4h195.07long leg$81K$266K10x