Funding you earn now, next payment 05:00 UTC−0.0193%/8h= −21.1% APRpaid last 24h −0.028%
Price spread now: Gate against Polymarket Perps−0.067%48s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.067%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.130% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.063%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% 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 | Polymarket Perps QCOM-USD | 193.63 | 0.0193 | pay 0.0024% / 1h | 20m 37s | $79K | $896K | 10x |
| Short | Gate QCOM_USDT | 193.50 | 0 | get 0.0000% / 8h | 3h 20m | $4.4M | $3.3M | 50x |
Polymarket Perps QCOM-USD
Gate QCOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Polymarket Perps. 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
- −$40.52
- Price spread: −0.067% → +0.063%
- −$13.04
- Slippage, 4 orders
- −$65.2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.76
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 12 min ago; Gate: live order book, 3 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 Polymarket Perps live order book, 12 min ago | 2.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 10.3 bp −$1,030 | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.14 bp | 24.6 bp −$25 | 52.1 bp −$521 | 80.0 bp −$8,005 | 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 | −0.0504% | 4h | 193.10 | −0.275% | $79K | $273K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0143% | 8h | 193.52 | −0.057% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.31 | −0.163% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.33 | −0.155% | $2.3M | $2.0M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.45 | −0.093% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDTshort | 0.0000% | 8h | 193.50 | −0.067% | $4.4M | $3.3M | 50x | |
| Variational Omni QCOM | 0.0000% | 8h | 193.59 | −0.023% | $306K | $85K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.32 | −0.159% | $6K | $188K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.47 | −0.083% | $873 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.24 | −0.201% | $9K | $10K | 20x | as long as short |
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
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 | 193.59 | −0.021% | $1.6M | $1.0M | 10x | as long as short |
| QFEX QCOM-USD | +0.0029% | 1h | 193.42 | −0.108% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.12 | −0.263% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0051% | 8h | 193.18 | −0.232% | $128K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0055% | 8h | 193.46 | −0.088% | $11.1M | $23.3M | 20x | as long as short |
| Extended QCOM-USD | +0.0056% | 1h | 193.46 | −0.087% | $101K | $376K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.24 | −0.201% | $315K | $535K | 20x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0193% | 1h | 193.63 | long leg | $79K | $896K | 10x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 213.29 | +10.153% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 193.47 | −0.083% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0707% | 1h | 193.55 | −0.041% | $7.5M | $2.6M | 10x | as long as short |
Phemex QCOMUSDT
QFEX QCOM-USD
Lighter QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM