Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against Phemex−0.010%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now −0.010%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.029% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QCOMUSDT | 195.94 | 0 | get 0.0000% / 8h | 7h 50m | $1.6M | $966K | 10x |
| Short | Bybit QCOMUSDT | 195.92 | 0.0179 | get 0.0179% / 8h | 7h 50m | $2.0M | $1.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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
- $37.59
- Price spread: −0.010% → −0.039%
- $2.93
- Slippage, 4 orders
- −$119.8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.28
- Costs to cover
- 1.428%
- Break-even
- 26.0 days
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 6 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 Phemex live order book, 2 min ago | 1.28 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.57 bp | 54.5 bp −$55 | 127.9 bp −$1,279 | 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 | 195.78 | −0.082% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.96 | +0.010% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.97 | +0.015% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.01 | +0.036% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.72 | −0.112% | $618 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.05 | +0.056% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 195.94 | long leg | $1.6M | $966K | 10x | |
| Lighter QCOM | +0.0032% | 1h | 195.73 | −0.107% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.86 | −0.041% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.94 | 0.000% | $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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.89 | −0.026% | $320K | $513K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0128% | 8h | 196.02 | +0.041% | $6K | $209K | 10x | as long as short |
| Bybit QCOMUSDTshort | +0.0179% | 8h | 195.92 | −0.010% | $2.0M | $1.7M | 25x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.896% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0287% | 8h | 195.92 | −0.008% | $322K | $74K | — | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 195.96 | +0.010% | $98K | $249K | 10x | as long as short |
| Binance QCOMUSDT | +0.0327% | 8h | 195.94 | 0.000% | $10.9M | $22.9M | 20x | as long as short |
| Extended QCOM-USD | +0.0328% | 1h | 195.90 | −0.021% | $107K | $302K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0328% | 8h | 195.74 | −0.102% | $127K | $55K | 20x | as long as short |
| tradeXYZ xyz:QCOM | +0.0411% | 1h | 196.05 | +0.056% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0851% | 4h | 195.96 | +0.008% | $82K | $267K | 10x | as long as short |
Phemex QCOMUSDT
Bybit QCOMUSDT
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
GRVT QCOM_USDT_Perp
Injective QCOM/USDC PERP
Variational Omni QCOM
Phoenix QCOM
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
tradeXYZ xyz:QCOM
edgeX QCOMUSDC