Funding you earn now, next payment 05:00 UTC+0.0464%/8h= +50.8% APRnext payment +$0.58 per $10,000 · paid last 24h —
Price spread now: Phoenix against Lighter+0.374%104s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$14 a day on $10k at the current rate, and Phoenix is 0.374% dearer against Lighter than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QCOM | 192.62 | 0.0032 | pay 0.0004% / 1h | 53m 33s | — | — | 10x |
| Short | Phoenix QCOM | 193.34 | 0.0496 | get 0.0062% / 1h | 53m 33s | $97K | $239K | 10x |
Lighter QCOM
Phoenix QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Lighter. 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
- $97.48
- Price spread: +0.374% → 0.000%
- $37.38
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $127.86
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Phoenix: live order book, 51 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 Phoenix live order book, 51 min ago | 5.67 bp | 16.6 bp −$17 | 36.3 bp −$363 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0426% | 8h | 192.80 | +0.093% | $1.3M | $1.2M | 20x | as long as short |
| BloFin QCOM-USDT | −0.0019% | 8h | 192.97 | +0.182% | $130K | $54K | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.70 | +0.039% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.76 | +0.073% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.71 | +0.047% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.81 | +0.099% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.86 | +0.125% | $322K | $100K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.01 | +0.202% | $6K | $183K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.59 | −0.016% | $888 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.19 | +0.296% | $9K | $11K | 20x | as long as short |
Bitget QCOMUSDT
BloFin QCOM-USDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 192.78 | +0.083% | $1.6M | $1.1M | 10x | as long as short |
| Binance QCOMUSDT | +0.0004% | 8h | 192.80 | +0.092% | $10.9M | $24.4M | 20x | as long as short |
| Extended QCOM-USD | +0.0008% | 1h | 192.75 | +0.070% | $101K | $477K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0020% | 4h | 192.82 | +0.106% | $79K | $273K | 10x | as long as short |
| Lighter QCOMlong | +0.0032% | 1h | 192.62 | long leg | — | — | 10x | |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.68 | +0.031% | $75K | $887K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 192.74 | +0.062% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.64 | +0.010% | $321K | $562K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.24 | +10.186% | $25K | $25K | 12x | as long as short |
| Phoenix QCOMshort | +0.0496% | 1h | 193.34 | +0.374% | $97K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0512% | 1h | 192.94 | +0.166% | $7.6M | $2.7M | 10x | as long as short |
Phemex QCOMUSDT
Binance QCOMUSDT
Extended QCOM-USD
edgeX QCOMUSDC
Polymarket Perps QCOM-USD
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM