Funding you earn now, next payment 04:00 UTC−0.0450%/8h= −49.3% APRpaid last 24h −0.100%
Price spread now: Aster against Phoenix−0.234%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 0.234% cheaper against Phoenix than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 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 | Phoenix QCOM | 193.60 | 0.0450 | pay 0.0056% / 1h | 24m 17s | $97K | $239K | 10x |
| Short | Aster QCOMUSDT | 193.15 | 0 | get 0.0000% / 8h | 3h 24m | $17K | $11K | 20x |
Phoenix QCOM
Aster QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$94.6
- Price spread: −0.234% → 0.000%
- −$23.37
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$132.98
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 26 min ago; Aster: no order-book sample. 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 Phoenix live order book, 26 min ago | 7.71 bp | 22.0 bp −$22 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | −0.0534% | 4h | 193.65 | +0.026% | $80K | $272K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0088% | 8h | 193.19 | −0.212% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDTshort | 0.0000% | 8h | 193.15 | −0.234% | $17K | $11K | 20x | |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.10 | −0.258% | $2.3M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.18 | −0.217% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.23 | −0.191% | $4.4M | $3.2M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.36 | −0.124% | $306K | $85K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.69 | +0.047% | $6K | $188K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.03 | −0.294% | $732 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.95 | +0.181% | $10K | $10K | 20x | as long as short |
edgeX QCOMUSDC
Bitget 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 | 193.41 | −0.098% | $1.6M | $1.0M | 10x | as long as short |
| QFEX QCOM-USD | +0.0029% | 1h | 193.17 | −0.222% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.15 | −0.232% | — | — | 10x | as long as short |
| Binance QCOMUSDT | +0.0060% | 8h | 193.12 | −0.248% | $11.1M | $23.2M | 20x | as long as short |
| Extended QCOM-USD | +0.0064% | 1h | 193.08 | −0.270% | $101K | $419K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0083% | 8h | 193.40 | −0.103% | $128K | $54K | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.18 | −0.217% | $315K | $534K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0172% | 1h | 193.17 | −0.222% | $78K | $896K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 213.29 | +10.170% | $25K | $25K | 12x | as long as short |
| Phoenix QCOMlong | +0.0450% | 1h | 193.60 | long leg | $97K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0700% | 1h | 193.24 | −0.186% | $7.5M | $2.6M | 10x | as long as short |
Phemex QCOMUSDT
QFEX QCOM-USD
Lighter QCOM
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM