Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0470%/8h= −51.4% APRnext payment −$0.59 per $10,000 · paid last 24h —

Price spread now: Lighter against tradeXYZ−0.158%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Lighter is 0.158% cheaper against tradeXYZ than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:QCOM	195.86	0.0502	pay 0.0063% / 1h	58m 51s	$7.2M	$2.2M	10x
Short	Lighter QCOM	195.55	0.0032	get 0.0004% / 1h	58m 51s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.158%Rate

Funding earned: −$98.66
Price spread: −0.158% → 0.000%: −$15.83
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$132.49
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 10 min ago; Lighter: no order-book sample. 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 tradeXYZ live order book, 10 min ago	1.79 bp	15.0 bp −$15	27.6 bp −$276	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0479%	4h	195.93	+0.037%	$82K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.53	−0.166%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.73	−0.066%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.72	−0.071%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.83	−0.015%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.87	+0.005%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.94	+0.039%	$6K	$196K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.80	−0.031%	$740	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.08	+0.112%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.84	−0.010%	$1.6M	$966K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOMshort	+0.0032%	1h	195.55	−0.158%	—	—	10x
QFEX QCOM-USD	+0.0040%	1h	195.80	−0.031%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.88	+0.010%	$85K	$885K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.68	−0.092%	$318K	$525K	20x	as long as short
Variational Omni QCOM	+0.0209%	8h	195.89	+0.013%	$322K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.15	+9.849%	$26K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0242%	8h	195.75	−0.059%	$10.8M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0248%	1h	195.66	−0.103%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0265%	8h	195.85	−0.005%	$128K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	196.00	+0.071%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOMlong	+0.0502%	1h	195.86	long leg	$7.2M	$2.2M	10x