Funding you earn now, next payment 07:00 UTC+0.0479%/8h= +52.4% APRpaid last 24h +0.125%
Price spread now: tradeXYZ against Phemex+0.099%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.099%, 7d avg −0.053%
=Together, before fees+0.128%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and tradeXYZ is 0.151% dearer against Phemex than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.304% in total (about 15.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QCOMUSDT | 192.87 | 0 | get 0.0000% / 8h | 1h 24m | $1.6M | $1.1M | 10x |
| Short | tradeXYZ xyz:QCOM | 193.06 | 0.0479 | get 0.0060% / 1h | 24m 06s | $7.6M | $2.7M | 10x |
Phemex QCOMUSDT
tradeXYZ xyz:QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $100.55
- Price spread: +0.099% → −0.053%
- $15.13
- Slippage, 4 orders
- −$66.97
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $18.71
- Costs to cover
- 0.970%
- Break-even
- 5.7 days
Slippage from Phemex: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago | 3.37 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.04 bp | 18.7 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0447% | 4h | 192.85 | −0.011% | $79K | $273K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0373% | 8h | 192.88 | +0.005% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.77 | −0.052% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.87 | +0.001% | $101K | $477K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 192.88 | +0.003% | $10.8M | $24.5M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.89 | +0.010% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.95 | +0.041% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.92 | +0.026% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.97 | +0.050% | $306K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.84 | −0.017% | $6K | $182K | 10x | as long as short |
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 192.72 | −0.078% | $746 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.03 | +0.083% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 192.87 | long leg | $1.6M | $1.1M | 10x | |
| BloFin QCOM-USDT | +0.0009% | 8h | 192.92 | +0.026% | $129K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.86 | −0.005% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.86 | −0.005% | $76K | $885K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 192.81 | −0.031% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.62 | −0.130% | $320K | $566K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 211.82 | +9.825% | $25K | $25K | 12x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0479% | 1h | 193.06 | +0.099% | $7.6M | $2.7M | 10x | |
| Phoenix QCOM | +0.0496% | 1h | 193.12 | +0.130% | $97K | $239K | 10x | as long as short |
SunX QCOM-USDT
HTX QCOM-USDT
BloFin QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM