Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.034%

Price spread now: OKX against Injective−9.060%7-day average — · you buy dearer than you sell

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

Long on Injective Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 9.060% cheaper against Injective than usual: you would sell low and buy high (−$906 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective QCOM/USDC PERP	215.12	0.0220	pay 0.0028% / 1h	12m 49s	$26K	$25K	12x
Short	OKX QCOM-USDT-SWAP	195.63	0	get 0.0000% / 8h	4h 12m	$1.8M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Injective. 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 InjectivebpFee OKXbpOrdersPrice spread, now −9.060%Rate

Funding earned: −$46.2
Price spread: −9.060% → 0.000%: −$906.01
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee OKX: 5 bp × 2 orders: −$10
Net: −$962.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; OKX: live order book, 5 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 Injective no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	1.28 bp	17.5 bp −$17	58.7 bp −$587	doesn't fit	doesn't fit

Injective: 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	−0.0670%	4h	195.62	−9.063%	$81K	$273K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.62	−9.066%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.54	−9.102%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAPshort	0.0000%	8h	195.63	−9.060%	$1.8M	$3.7M	20x
Gate QCOM_USDT	0.0000%	8h	195.68	−9.037%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.71	−9.023%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.68	−9.036%	$6K	$189K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.49	−9.125%	$700	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.74	−9.009%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.66	−9.046%	$1.6M	$991K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QCOM	+0.0001%	8h	195.67	−9.041%	$318K	$78K	—	as long as short
Lighter QCOM	+0.0032%	1h	195.43	−9.153%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0032%	1h	195.58	−9.083%	$1.2M	$3.3M	10x	as long as short
BloFin QCOM-USDT	+0.0045%	8h	195.68	−9.037%	$129K	$54K	20x	as long as short
Extended QCOM-USD	+0.0072%	1h	195.58	−9.085%	$103K	$421K	10x	as long as short
Binance QCOMUSDT	+0.0074%	8h	195.64	−9.055%	$11.1M	$22.8M	20x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.49	−9.125%	$319K	$515K	20x	as long as short
Polymarket Perps QCOM-USD	+0.0130%	1h	195.66	−9.046%	$83K	$894K	10x	as long as short
Injective QCOM/USDC PERPlong	+0.0220%	1h	215.12	long leg	$26K	$25K	12x
Phoenix QCOM	+0.0448%	1h	195.88	−8.944%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0550%	1h	195.78	−8.990%	$7.5M	$2.4M	10x	as long as short