Funding you earn now, next payment 04:00 UTC−0.0552%/8h= −60.5% APRpaid last 24h −0.094%
Price spread now: Bybit against tradeXYZ−0.112%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now −0.112%, 7d avg +0.032%
=Together, before fees−0.090%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.144% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.264% in total (about -13.8% 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 | tradeXYZ xyz:QCOM | 195.76 | 0.0552 | pay 0.0069% / 1h | 11m 36s | $7.5M | $2.4M | 10x |
| Short | Bybit QCOMUSDT | 195.54 | 0 | get 0.0000% / 8h | 4h 11m | $2.5M | $1.8M | 25x |
tradeXYZ xyz:QCOM
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$115.95
- Price spread: −0.112% → +0.032%
- −$14.44
- Slippage, 4 orders
- −$80.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$240.09
- Costs to cover
- 1.097%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Bybit: live order book, just now.
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, 6 min ago | 1.02 bp | 15.6 bp −$16 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 5.37 bp | 27.0 bp −$27 | 103.8 bp −$1,038 | 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 | −0.0670% | 4h | 195.62 | −0.070% | $81K | $273K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.66 | −0.053% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 195.54 | −0.112% | $2.5M | $1.8M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.66 | −0.051% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.69 | −0.036% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.74 | −0.010% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.68 | −0.040% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.47 | −0.148% | $848 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.74 | −0.010% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.62 | −0.072% | $1.6M | $991K | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QCOM | +0.0001% | 8h | 195.67 | −0.046% | $318K | $78K | — | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.43 | −0.169% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.64 | −0.061% | $1.2M | $3.3M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0045% | 8h | 195.68 | −0.041% | $129K | $54K | 20x | as long as short |
| Extended QCOM-USD | +0.0072% | 1h | 195.63 | −0.066% | $103K | $421K | 10x | as long as short |
| Binance QCOMUSDT | +0.0072% | 8h | 195.62 | −0.072% | $11.1M | $22.8M | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.48 | −0.143% | $319K | $515K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0131% | 1h | 195.62 | −0.072% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.12 | +9.890% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.88 | +0.061% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0552% | 1h | 195.76 | long leg | $7.5M | $2.4M | 10x |
Variational Omni QCOM
Lighter QCOM
QFEX QCOM-USD
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM