Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against KuCoin+0.066%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2782.780% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now +0.066%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QCOMUSDTM | 195.93 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $320K | $514K | 20x |
| Short | Phemex QCOMUSDT | 196.06 | 0 | get 0.0000% / 8h | 7h 45m | $1.6M | $966K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.066% → +0.084%
- −$1.8
- Slippage, 4 orders
- −$253.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$300.79
- Costs to cover
- 2.780%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Phemex: live order book, 3 min ago.
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 KuCoin live order book, 7 min ago | 17.10 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.27 bp | 35.0 bp −$35 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.85 | −0.041% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.10 | +0.087% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 196.12 | +0.097% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.10 | +0.087% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.83 | −0.051% | $703 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.32 | +0.199% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTshort | 0.0000% | 8h | 196.06 | +0.066% | $1.6M | $966K | 10x | |
| Lighter QCOM | +0.0032% | 1h | 195.91 | −0.010% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.99 | +0.031% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0060% | 1h | 196.00 | +0.036% | $85K | $890K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT QCOM_USDT_Perp | +0.0073% | 8h | 196.11 | +0.093% | $6K | $209K | 10x | as long as short |
| KuCoin QCOMUSDTMlong | +0.0100% | 8h | 195.93 | long leg | $320K | $514K | 20x | |
| Bybit QCOMUSDT | +0.0213% | 8h | 196.14 | +0.107% | $2.0M | $1.7M | 25x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.901% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0288% | 8h | 195.96 | +0.018% | $322K | $74K | — | as long as short |
| BloFin QCOM-USDT | +0.0298% | 8h | 196.04 | +0.056% | $127K | $55K | 20x | as long as short |
| Binance QCOMUSDT | +0.0326% | 8h | 196.03 | +0.049% | $10.9M | $22.9M | 20x | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 196.10 | +0.087% | $98K | $249K | 10x | as long as short |
| Extended QCOM-USD | +0.0328% | 1h | 195.98 | +0.026% | $103K | $350K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0401% | 1h | 196.02 | +0.046% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0617% | 4h | 196.08 | +0.078% | $82K | $268K | 10x | as long as short |
KuCoin QCOMUSDTM
Phemex QCOMUSDT
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
GRVT QCOM_USDT_Perp
Bybit QCOMUSDT
Injective QCOM/USDC PERP
Variational Omni QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Phoenix QCOM
Extended QCOM-USD
tradeXYZ xyz:QCOM
edgeX QCOMUSDC