Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.3% APRnext payment −$1.85 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against Binance+0.001%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 2 days (all we have)+0.014%+$1 · spread now +0.001%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$6 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 -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 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 | 195.92 | 0.0185 | pay 0.0185% / 8h | 6h 18m | $10.8M | $22.8M | 20x |
| Short | OKX QCOM-USDT-SWAP | 195.92 | 0 | get 0.0000% / 8h | 6h 18m | $1.8M | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$38.88
- Price spread: +0.001% → +0.005%
- −$0.47
- Slippage, 4 orders
- −$28.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.33
- Costs to cover
- 0.490%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; OKX: 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 Binance live order book, 8 min ago | 1.02 bp | 10.3 bp −$10 | 29.3 bp −$293 | 114.9 bp −$11.5K | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.60 bp | 15.2 bp −$15 | 41.6 bp −$416 | doesn't fit | 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 | −0.0503% | 4h | 195.80 | −0.063% | $81K | $269K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.90 | −0.009% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.90 | −0.010% | $2.0M | $1.5M | 25x | as long as short |
| OKX QCOM-USDT-SWAPshort | 0.0000% | 8h | 195.92 | +0.001% | $1.8M | $3.7M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 195.92 | +0.001% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.79 | −0.066% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.88 | −0.022% | $6K | $193K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.89 | −0.015% | $968 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.88 | −0.020% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.92 | +0.001% | $1.6M | $968K | 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 | 195.75 | −0.086% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0043% | 1h | 195.83 | −0.045% | $1.2M | $2.9M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0074% | 1h | 195.98 | +0.031% | $84K | $879K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.67 | −0.127% | $319K | $536K | 20x | as long as short |
| Variational Omni QCOM | +0.0144% | 8h | 195.80 | −0.061% | $322K | $74K | — | as long as short |
| Extended QCOM-USD | +0.0184% | 1h | 195.83 | −0.047% | $102K | $407K | 10x | as long as short |
| Binance QCOMUSDTlong | +0.0185% | 8h | 195.92 | long leg | $10.8M | $22.8M | 20x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.41 | +9.438% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0326% | 1h | 195.91 | −0.005% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0491% | 1h | 196.05 | +0.067% | $7.3M | $2.3M | 10x | as long as short |
Binance QCOMUSDT
OKX QCOM-USDT-SWAP
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Extended QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM