Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h —

Price spread now: tradeXYZ against Lighter+0.102%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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and tradeXYZ is 0.102% 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	195.84	0.0032	pay 0.0004% / 1h	0m 17s	—	—	10x
Short	tradeXYZ xyz:QCOM	196.04	0.0362	get 0.0045% / 1h	0m 17s	$7.2M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.102%Rate

Funding earned: $69.25
Price spread: +0.102% → 0.000%: $10.21
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $61.46
Costs to cover: 0.180%
Break-even: 0.8 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 8 min ago	1.79 bp	16.5 bp −$16	doesn't fit	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
edgeX QCOMUSDC	−0.0479%	4h	195.93	+0.048%	$82K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.80	−0.022%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.88	+0.020%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.94	+0.051%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.01	+0.087%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.97	+0.066%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.04	+0.102%	$6K	$197K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.84	0.000%	$850	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.08	+0.123%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.95	+0.056%	$1.6M	$966K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOMlong	+0.0032%	1h	195.84	long leg	—	—	10x
QFEX QCOM-USD	+0.0040%	1h	195.84	0.000%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.95	+0.056%	$85K	$885K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.81	−0.015%	$319K	$525K	20x	as long as short
Variational Omni QCOM	+0.0209%	8h	195.89	+0.023%	$322K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.15	+9.860%	$26K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0248%	8h	195.92	+0.040%	$10.8M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0248%	1h	195.86	+0.010%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0260%	8h	195.97	+0.066%	$128K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	196.05	+0.107%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOMshort	+0.0362%	1h	196.04	+0.102%	$7.2M	$2.2M	10x