Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.175%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. Lighter is 0.175% cheaper against Gate than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 18 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QCOM_USDT	194.56	0	get 0.0000% / 8h	3h 45m	$4.4M	$3.2M	50x
Short	Lighter QCOM	194.22	0.0032	get 0.0004% / 1h	45m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.175%Rate

Funding earned: $6.72
Price spread: −0.175% → 0.000%: −$17.48
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.76
Costs to cover: 0.150%
Break-even: 33.8 days

Slippage unknown: Gate: 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 Gate live order book, 3 min ago	6.42 bp	31.4 bp −$31	53.6 bp −$536	77.7 bp −$7,766	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
edgeX QCOMUSDC	−0.0010%	4h	194.43	−0.066%	$80K	$273K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	194.44	−0.062%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	194.40	−0.082%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.56	0.000%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDTlong	0.0000%	8h	194.56	long leg	$4.4M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	194.52	−0.021%	$1.3M	$1.1M	20x	as long as short
Variational Omni QCOM	0.0000%	8h	194.55	−0.005%	$308K	$85K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	194.00	−0.289%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	194.27	−0.149%	$643	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.59	+0.015%	$10K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QCOMUSDT	0.0000%	8h	194.58	+0.010%	$1.6M	$1.0M	10x	as long as short
QFEX QCOM-USD	+0.0029%	1h	194.43	−0.067%	$1.2M	$3.2M	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	194.22	−0.175%	—	—	10x
Extended QCOM-USD	+0.0056%	1h	194.44	−0.064%	$101K	$424K	10x	as long as short
Binance QCOMUSDT	+0.0060%	8h	194.47	−0.046%	$11.0M	$22.9M	20x	as long as short
BloFin QCOM-USDT	+0.0064%	8h	194.47	−0.046%	$128K	$54K	20x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.30	−0.134%	$317K	$518K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0137%	1h	194.51	−0.026%	$83K	$893K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.75	+10.377%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0450%	1h	194.60	+0.021%	$97K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0683%	1h	194.62	+0.031%	$7.5M	$2.5M	10x	as long as short