Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.068%
Price spread now: Phemex against BloFin−0.005%59s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.005%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.021% cheaper against BloFin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 59 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 | BloFin QCOM-USDT | 192.66 | 0.0007 | pay 0.0007% / 8h | 1h 41m | $130K | $54K | 20x |
| Short | Phemex QCOMUSDT | 192.65 | 0 | get 0.0000% / 8h | 1h 41m | $1.6M | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- −$1.53
- Price spread: −0.005% → +0.016%
- −$2.09
- Slippage, 4 orders
- −$54.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$82.28
- Costs to cover
- 0.787%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Phemex: live order book, 1 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 BloFin live order book, 30 min ago | 1.04 bp | 10.1 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 2.60 bp | 32.2 bp −$32 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0409% | 8h | 192.72 | +0.031% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.59 | −0.038% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 192.61 | −0.027% | $101K | $477K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 192.65 | −0.005% | $10.8M | $24.5M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.72 | +0.031% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.61 | −0.026% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.63 | −0.016% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.66 | +0.001% | $322K | $100K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.73 | +0.036% | $6K | $183K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.53 | −0.067% | $1K | $4.5M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 192.78 | +0.062% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDTshort | 0.0000% | 8h | 192.65 | −0.005% | $1.6M | $1.1M | 10x | |
| BloFin QCOM-USDTlong | +0.0007% | 8h | 192.66 | long leg | $130K | $54K | 20x | |
| Lighter QCOM | +0.0032% | 1h | 192.40 | −0.135% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 192.65 | −0.005% | $75K | $885K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 192.63 | −0.016% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.43 | −0.119% | $320K | $573K | 20x | as long as short |
| edgeX QCOMUSDC | +0.0133% | 4h | 192.65 | −0.008% | $79K | $275K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.24 | +10.163% | $25K | $25K | 12x | as long as short |
| tradeXYZ xyz:QCOM | +0.0465% | 1h | 192.78 | +0.062% | $7.6M | $2.7M | 10x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 192.68 | +0.010% | $96K | $239K | 10x | as long as short |
BloFin QCOM-USDT
Phemex QCOMUSDT
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
edgeX QCOMUSDC
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM
Phoenix QCOM