Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.011%

Price spread now: QFEX against SunX+0.103%7-day average +0.006% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.018%+$2 on $10k

Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.103%, 7d avg +0.006%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.096% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX QCOM-USDT	195.05	0	get 0.0000% / 8h	43m 59s	$862	$4.9M	10x
Short	QFEX QCOM-USD	195.25	0.0052	get 0.0007% / 1h	43m 59s	$1.2M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee QFEXbpOrdersPrice spread, now +0.103%Rate

Funding earned: $10.97
Price spread: +0.103% → +0.006%: $9.61
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: $2.58
Costs to cover: 0.180%
Break-even: 5.4 days

Slippage unknown: SunX: live order book, 4 min ago; QFEX: live order book, 4 min ago. 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 SunX live order book, 4 min ago	496.83 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.05 bp	9.5 bp −$9	11.9 bp −$119	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	−0.0716%	4h	194.99	−0.031%	$81K	$267K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.24	+0.098%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.06	+0.005%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.33	+0.144%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.28	+0.118%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.18	+0.067%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDTlong	0.0000%	8h	195.05	long leg	$862	$4.9M	10x
HTX QCOM-USDT	0.0000%	8h	195.24	+0.097%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.25	+0.103%	$1.6M	$969K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.22	+0.087%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps QCOM-USD	+0.0050%	1h	195.29	+0.123%	$85K	$1.4M	10x	as long as short
QFEX QCOM-USDshort	+0.0052%	1h	195.25	+0.103%	$1.2M	$2.9M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.19	+0.072%	$319K	$512K	20x	as long as short
Variational Omni QCOM	+0.0157%	8h	195.11	+0.029%	$320K	$77K	—	as long as short
Extended QCOM-USD	+0.0216%	1h	195.22	+0.090%	$105K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0219%	8h	195.07	+0.012%	$10.8M	$23.0M	20x	as long as short
BloFin QCOM-USDT	+0.0220%	8h	195.14	+0.046%	$125K	$50K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.08	+9.756%	$25K	$25K	12x	as long as short
GRVT QCOM_USDT_Perp	+0.0251%	8h	194.96	−0.046%	$6K	$215K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0304%	1h	195.17	+0.062%	$7.1M	$2.2M	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.15	+0.051%	$98K	$259K	10x	as long as short