Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h —

Price spread now: Binance against Lighter+0.098%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Binance

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.098% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	195.77	0.0032	pay 0.0004% / 1h	18m 08s	—	—	10x
Short	Binance QCOMUSDT	195.96	0.0185	get 0.0185% / 8h	6h 18m	$10.8M	$22.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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 LighterbpFee BinancebpOrdersPrice spread, now +0.098%Rate

Funding earned: $32.16
Price spread: +0.098% → 0.000%: $9.8
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $31.96
Costs to cover: 0.100%
Break-even: 0.0 days

Slippage unknown: Lighter: no order-book sample; Binance: live order book, 8 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 Lighter no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	1.02 bp	11.1 bp −$11	27.5 bp −$275	94.1 bp −$9,415	doesn't fit

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 20 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	−0.0503%	4h	195.80	+0.013%	$81K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.90	+0.066%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.91	+0.072%	$2.0M	$1.5M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.00	+0.117%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.96	+0.097%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.79	+0.010%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.88	+0.054%	$6K	$193K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.97	+0.102%	$715	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.88	+0.056%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.99	+0.112%	$1.6M	$969K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOMlong	+0.0032%	1h	195.77	long leg	—	—	10x
QFEX QCOM-USD	+0.0043%	1h	195.83	+0.031%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0074%	1h	195.98	+0.107%	$84K	$879K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.67	−0.051%	$319K	$536K	20x	as long as short
Variational Omni QCOM	+0.0144%	8h	195.80	+0.015%	$322K	$74K	—	as long as short
Extended QCOM-USD	+0.0184%	1h	195.89	+0.060%	$102K	$407K	10x	as long as short
Binance QCOMUSDTshort	+0.0185%	8h	195.96	+0.098%	$10.8M	$22.8M	20x
Injective QCOM/USDC PERP	+0.0220%	1h	214.41	+9.521%	$25K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	195.91	+0.072%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0494%	1h	196.11	+0.174%	$7.3M	$2.3M	10x	as long as short