Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0287%/8h= −31.4% APRpaid last 24h −0.091%

Price spread now: BloFin against tradeXYZ−0.082%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on tradeXYZ Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.082%, 7d avg +0.032%

Together, before fees−0.054%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BloFin is 0.114% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:QCOM	194.68	0.0512	pay 0.0064% / 1h	42m 48s	$7.9M	$2.8M	10x
Short	BloFin QCOM-USDT	194.52	0.0225	get 0.0225% / 8h	5h 42m	$131K	$56K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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 tradeXYZbpFee BloFinbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$60.23
Price spread: −0.082% → +0.032%: −$11.38
Slippage, 4 orders: −$16.58
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$118.19
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 9 min ago; BloFin: live order book, 60 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 tradeXYZ live order book, 9 min ago	0.26 bp	11.1 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 60 min ago	1.30 bp	12.1 bp −$12	27.4 bp −$274	doesn't fit	doesn't fit

QCOM on 21 exchanges

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	−0.0256%	4h	194.34	−0.174%	$80K	$277K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	194.28	−0.203%	$17K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	194.57	−0.057%	$1.8M	$3.6M	20x	as long as short
Bitget QCOMUSDT	0.0000%	8h	194.39	−0.149%	$1.4M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	194.24	−0.226%	$639	$3.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	194.51	−0.087%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	194.50	−0.092%	$1.6M	$1.1M	10x	as long as short
Lighter QCOM	+0.0032%	1h	194.31	−0.190%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0043%	1h	194.42	−0.134%	$1.2M	$3.2M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	194.53	−0.077%	$79K	$684K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit QCOMUSDT	+0.0085%	8h	194.51	−0.087%	$1.7M	$2.3M	25x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	194.32	−0.185%	$317K	$717K	20x	as long as short
Gate QCOM_USDT	+0.0107%	8h	194.55	−0.067%	$4.5M	$3.4M	50x	as long as short
Variational Omni QCOM	+0.0120%	8h	194.49	−0.097%	$311K	$120K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	211.90	+8.845%	$25K	$21K	12x	as long as short
BloFin QCOM-USDTshort	+0.0225%	8h	194.52	−0.082%	$131K	$56K	20x
Binance QCOMUSDT	+0.0236%	8h	194.49	−0.099%	$11.0M	$24.9M	20x	as long as short
Extended QCOM-USD	+0.0240%	1h	194.47	−0.105%	$101K	$475K	10x	as long as short
Phoenix QCOM	+0.0494%	1h	194.58	−0.051%	$98K	$237K	10x	as long as short
tradeXYZ xyz:QCOMlong	+0.0512%	1h	194.68	long leg	$7.9M	$2.8M	10x
GRVT QCOM_USDT_Perp	+0.0953%	8h	194.62	−0.031%	$6K	$150K	10x	as long as short