Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.045%

Price spread now: Injective against Bitget+9.848%111s7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 9.848% dearer against Bitget than usual: you sell high and buy low: +$985 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QCOMUSDT	195.78	0	get 0.0000% / 8h	7h 35m	$1.3M	$1.1M	20x
Short	Injective QCOM/USDC PERP	215.06	0.0220	get 0.0028% / 1h	35m 35s	$26K	$25K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bitget. 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 BitgetbpFee InjectivebpOrdersPrice spread, now +9.848%Rate

Funding earned: $46.2
Price spread: +9.848% → 0.000%: $984.78
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,018.96
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bitget: live order book, 1 min ago; Injective: 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 Bitget live order book, 1 min ago	2.30 bp	24.2 bp −$24	30.7 bp −$307	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0344%	4h	195.70	−0.042%	$82K	$267K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.62	−0.083%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.71	−0.036%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.74	−0.020%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDTlong	0.0000%	8h	195.78	long leg	$1.3M	$1.1M	20x
GRVT QCOM_USDT_Perp	0.0000%	8h	195.77	−0.005%	$6K	$207K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.52	−0.133%	$772	$4.8M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.81	+0.015%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.69	−0.046%	$1.6M	$961K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.51	−0.138%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0040%	1h	195.60	−0.092%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0060%	1h	195.62	−0.082%	$85K	$889K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.62	−0.082%	$319K	$515K	20x	as long as short
Bybit QCOMUSDT	+0.0166%	8h	195.73	−0.026%	$2.0M	$1.7M	25x	as long as short
Injective QCOM/USDC PERPshort	+0.0220%	1h	215.06	+9.848%	$26K	$25K	12x
Variational Omni QCOM	+0.0273%	8h	195.65	−0.064%	$322K	$74K	—	as long as short
Binance QCOMUSDT	+0.0309%	8h	195.64	−0.072%	$10.8M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0312%	1h	195.63	−0.075%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0313%	8h	195.71	−0.036%	$128K	$55K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	195.84	+0.031%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0396%	1h	195.75	−0.015%	$7.2M	$2.2M	10x	as long as short