Funding you earn now, next payment 03:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h −0.107%
Price spread now: Gate against tradeXYZ+0.020%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now +0.020%, 7d avg +0.092%
=Together, before fees−0.086%+ 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 Gate is 0.072% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% 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 | 196.05 | 0.0560 | pay 0.0070% / 1h | 49m 04s | $7.4M | $2.3M | 10x |
| Short | Gate QCOM_USDT | 196.09 | 0 | get 0.0000% / 8h | 5h 49m | $4.5M | $3.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$117.56
- Price spread: +0.020% → +0.092%
- −$7.19
- Slippage, 4 orders
- −$38.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$195.86
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Gate: live order book, 4 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 | 1.02 bp | 11.5 bp −$12 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.58 bp | 17.0 bp −$17 | 48.5 bp −$485 | 75.8 bp −$7,577 | doesn't fit |
QCOM on 20 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 | −0.0345% | 4h | 196.27 | +0.111% | $81K | $270K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.95 | −0.052% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.90 | −0.077% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.10 | +0.026% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDTshort | 0.0000% | 8h | 196.09 | +0.020% | $4.5M | $3.3M | 50x | |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.10 | +0.026% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 196.27 | +0.112% | $6K | $192K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.94 | −0.056% | $846 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.23 | +0.092% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 196.03 | −0.010% | $1.6M | $996K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.84 | −0.107% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0062% | 1h | 196.10 | +0.026% | $1.2M | $3.3M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.92 | −0.066% | $319K | $544K | 20x | as long as short |
| Variational Omni QCOM | +0.0138% | 8h | 196.27 | +0.111% | $322K | $74K | — | as long as short |
| Extended QCOM-USD | +0.0184% | 1h | 195.92 | −0.064% | $107K | $412K | 10x | as long as short |
| Binance QCOMUSDT | +0.0186% | 8h | 195.96 | −0.045% | $11.1M | $23.4M | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.49 | +9.916% | $26K | $25K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0348% | 1h | 196.12 | +0.036% | $83K | $895K | 10x | as long as short |
| Phoenix QCOM | +0.0449% | 1h | 196.20 | +0.077% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0560% | 1h | 196.05 | long leg | $7.4M | $2.3M | 10x |
tradeXYZ xyz:QCOM
Gate QCOM_USDT
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
KuCoin QCOMUSDTM
Variational Omni QCOM
Extended QCOM-USD
Binance QCOMUSDT
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
Phoenix QCOM