Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: Polymarket Perps against Bitget−0.010%50s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 3 days (all we have)−0.043%−$4 · spread now −0.010%, 7d avg −0.067%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.067%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QCOMUSDT195.570get 0.0000% / 8h7h 31m$1.3M$1.1M20x
ShortPolymarket Perps QCOM-USD195.550.0050get 0.0006% / 1h31m 38s$85K$887K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$10.5
Price spread: −0.010% → −0.067%
$5.64
Slippage, 4 orders
−$50.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$54.56
Costs to cover
0.707%
Break-even
43.4 days
Slippage from Bitget: live order book, 5 min ago; Polymarket Perps: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.30 bp24.2 bp −$2430.7 bp −$307doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 21 min ago2.30 bp6.3 bp −$68.6 bp −$8610.8 bp −$1,078doesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QCOMUSDC−0.0679%4h195.61+0.021%$82K$268K10xas long as short
Aster QCOMUSDT0.0000%8h195.56−0.005%$18K$11K20xas long as short
OKX QCOM-USDT-SWAP0.0000%8h195.52−0.026%$1.8M$3.6M20xas long as short
Gate QCOM_USDT0.0000%8h195.58+0.005%$4.5M$3.2M50xas long as short
Bitget QCOMUSDTlong0.0000%8h195.57long leg$1.3M$1.1M20x
GRVT QCOM_USDT_Perp0.0000%8h195.66+0.044%$6K$206K10xas long as short
SunX QCOM-USDT0.0000%8h195.34−0.118%$772$4.7M10xas long as short
HTX QCOM-USDT0.0000%8h195.78+0.107%$10K$10K20xas long as short
Phemex QCOMUSDT0.0000%8h195.52−0.026%$1.6M$961K10xas long as short
Lighter QCOM+0.0032%1h195.40−0.087%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit QCOMUSDT+0.0036%8h195.65+0.041%$2.0M$1.7M25xas long as short
QFEX QCOM-USD+0.0040%1h195.48−0.046%$1.2M$2.9M10xas long as short
Polymarket Perps QCOM-USDshort+0.0050%1h195.55−0.010%$85K$887K10x
KuCoin QCOMUSDTM+0.0100%8h195.48−0.046%$319K$514K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h215.06+9.966%$26K$25K12xas long as short
Variational Omni QCOM+0.0273%8h195.65+0.043%$322K$74Kas long as short
Binance QCOMUSDT+0.0300%8h195.55−0.008%$10.8M$22.7M20xas long as short
Extended QCOM-USD+0.0304%1h195.52−0.027%$107K$402K10xas long as short
Phoenix QCOM+0.0327%1h195.84+0.138%$98K$249K10xas long as short
BloFin QCOM-USDT+0.0329%8h195.68+0.056%$128K$54K20xas long as short
tradeXYZ xyz:QCOM+0.0389%1h195.60+0.015%$7.2M$2.2M10xas long as short