Funding you earn now, next payment 00:00 UTC−0.0255%/8h= −27.9% APRnext payment −$2.55 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Binance−0.028%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 2 days (all we have)−0.036%−$4 · spread now −0.028%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.55 per $10,000. 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 | Binance QCOMUSDT | 195.74 | 0.0255 | pay 0.0255% / 8h | 21m 37s | $10.8M | $23.0M | 20x |
| Short | Bybit QCOMUSDT | 195.69 | 0 | get 0.0000% / 8h | 21m 37s | $1.9M | $1.9M | 25x |
Binance QCOMUSDT
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$53.52
- Price spread: −0.028% → −0.020%
- −$0.76
- Slippage, 4 orders
- −$72.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.44
- Costs to cover
- 0.932%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 5 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 Binance live order book, 4 min ago | 1.02 bp | 12.2 bp −$12 | 36.3 bp −$363 | 121.9 bp −$12.2K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.83 bp | 46.1 bp −$46 | 121.2 bp −$1,212 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.56 | −0.092% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 195.69 | −0.028% | $1.9M | $1.9M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.77 | +0.013% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.71 | −0.018% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.68 | −0.033% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.46 | −0.145% | $964 | $4.9M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.03 | +0.146% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.75 | +0.003% | $1.6M | $970K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0029% | 4h | 195.61 | −0.067% | $82K | $266K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.50 | −0.125% | — | — | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
edgeX QCOMUSDC
Lighter QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0052% | 1h | 195.65 | −0.048% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0061% | 1h | 195.63 | −0.059% | $85K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.51 | −0.120% | $319K | $519K | 20x | as long as short |
| Variational Omni QCOM | +0.0194% | 8h | 195.55 | −0.098% | $321K | $77K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.79 | +9.730% | $26K | $25K | 12x | as long as short |
| Binance QCOMUSDTlong | +0.0255% | 8h | 195.74 | long leg | $10.8M | $23.0M | 20x | |
| Extended QCOM-USD | +0.0256% | 1h | 195.69 | −0.027% | $105K | $268K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0260% | 8h | 195.67 | −0.038% | $126K | $50K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0278% | 8h | 195.57 | −0.091% | $6K | $211K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0292% | 1h | 195.69 | −0.028% | $7.1M | $2.2M | 10x | as long as short |
| Phoenix QCOM | +0.0410% | 1h | 195.61 | −0.069% | $98K | $259K | 10x | as long as short |
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Extended QCOM-USD
BloFin QCOM-USDT
GRVT QCOM_USDT_Perp
tradeXYZ xyz:QCOM
Phoenix QCOM