Funding you earn now, next payment 04:00 UTC−0.0551%/8h= −60.3% APRpaid last 24h −0.053%
Price spread now: Variational Omni against tradeXYZ−0.046%7-day average +0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.046%, 7d avg +0.022%
=Together, before fees+0.050%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$5 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 Variational Omni is 0.068% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.104% in total (about -10.8% 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 48s | $7.5M | $2.4M | 10x |
| Short | Variational Omni QCOM | 195.67 | 0.0001 | get 0.0001% / 8h | 4h 11m | $318K | $78K | — |
tradeXYZ xyz:QCOM
Variational Omni QCOMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$115.64
- Price spread: −0.046% → +0.022%
- −$6.8
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$140.44
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Variational Omni: RFQ quote, 47 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 tradeXYZ live order book, 5 min ago | 1.02 bp | 15.6 bp −$16 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 47 min ago | 3.06 bp | doesn't fit | 42.2 bp −$422 | 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 | 195.65 | −0.054% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.55 | −0.107% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.63 | −0.066% | $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 | 195.71 | −0.026% | $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
Bybit 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 QCOMshort | +0.0001% | 8h | 195.67 | −0.046% | $318K | $78K | — | |
| Lighter QCOM | +0.0032% | 1h | 195.43 | −0.169% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.59 | −0.087% | $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 | 195.57 | −0.099% | $103K | $421K | 10x | as long as short |
| Binance QCOMUSDT | +0.0074% | 8h | 195.62 | −0.072% | $11.1M | $22.8M | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.49 | −0.138% | $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 |
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