Funding you earn now, next payment 06:00 UTC−0.0496%/8h= −54.4% APRnext payment −$0.62 per $10,000 · paid last 24h −0.052%
Price spread now: Extended against Phoenix−0.063%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.305%−$30 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.063%, 7d avg −0.042%
=Together, before fees−0.198%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Extended is 0.021% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.305% in total (about -15.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.62 per $10,000. 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 | Phoenix QCOM | 192.98 | 0.0496 | pay 0.0062% / 1h | 29m 08s | $96K | $239K | 10x |
| Short | Extended QCOM-USD | 192.86 | 0 | get 0.0000% / 1h | 29m 08s | $101K | $477K | 10x |
Phoenix QCOM
Extended QCOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$104.25
- Price spread: −0.063% → −0.042%
- −$2.1
- Slippage, 4 orders
- −$71.71
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$190.05
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 11 min ago; Extended: live order book, 13 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 Phoenix live order book, 11 min ago | 7.78 bp | 21.8 bp −$22 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Extended live order book, 13 min ago | 3.90 bp | 20.1 bp −$20 | 196.2 bp −$1,962 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0385% | 8h | 192.94 | −0.021% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.87 | −0.058% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USDshort | 0.0000% | 1h | 192.86 | −0.063% | $101K | $477K | 10x | |
| Binance QCOMUSDT | 0.0000% | 8h | 192.90 | −0.041% | $10.8M | $24.5M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.87 | −0.057% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.95 | −0.016% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.95 | −0.016% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.83 | −0.080% | $305K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.83 | −0.078% | $6K | $182K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.79 | −0.098% | $729 | $4.5M | 10x | as long as short |
Bitget QCOMUSDT
Aster QCOMUSDT
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 192.92 | −0.031% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.90 | −0.041% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0021% | 8h | 192.80 | −0.093% | $130K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.85 | −0.067% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.91 | −0.036% | $76K | $885K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 192.86 | −0.062% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.62 | −0.187% | $320K | $567K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 211.82 | +9.763% | $25K | $25K | 12x | as long as short |
| tradeXYZ xyz:QCOM | +0.0467% | 1h | 193.05 | +0.036% | $7.6M | $2.8M | 10x | as long as short |
| Phoenix QCOMlong | +0.0496% | 1h | 192.98 | long leg | $96K | $239K | 10x | |
| edgeX QCOMUSDC | +0.0667% | 4h | 192.80 | −0.093% | $79K | $275K | 10x | as long as short |
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM
edgeX QCOMUSDC