Funding you earn now, next payment 08:00 UTC+0.0258%/8h= +28.2% APRnext payment +$2.58 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against Bybit−0.051%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.051%, 7d avg +0.022%
=Funding pays, the price is against you. BloFin is 0.073% cheaper against Bybit than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.022%). If the spread goes back, that is −$7 on $10k: about 23 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.081% in total) that is about 6.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 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 | Bybit QCOMUSDT | 196.02 | 0.0081 | pay 0.0081% / 8h | 7h 52m | $2.0M | $1.7M | 25x |
| Short | BloFin QCOM-USDT | 195.92 | 0.0339 | get 0.0339% / 8h | 7h 52m | $127K | $50K | 20x |
Bybit QCOMUSDT
BloFin QCOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $54.18
- Price spread: −0.051% → +0.022%
- −$7.3
- Slippage, 4 orders
- −$85.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.38
- Costs to cover
- 1.083%
- Break-even
- 14.9 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 3 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 Bybit live order book, 4 min ago | 3.57 bp | 31.1 bp −$31 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.28 bp | 12.0 bp −$12 | 26.3 bp −$263 | 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 | 195.87 | −0.077% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.02 | 0.000% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 196.01 | −0.005% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.03 | +0.005% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.79 | −0.117% | $542 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.11 | +0.046% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 196.02 | 0.000% | $1.6M | $967K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.88 | −0.071% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.92 | −0.051% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.98 | −0.020% | $85K | $890K | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QCOMUSDTlong | +0.0081% | 8h | 196.02 | long leg | $2.0M | $1.7M | 25x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.89 | −0.066% | $319K | $513K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.851% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0284% | 8h | 195.93 | −0.047% | $322K | $75K | — | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 195.96 | −0.031% | $98K | $249K | 10x | as long as short |
| Extended QCOM-USD | +0.0328% | 1h | 195.89 | −0.064% | $102K | $268K | 10x | as long as short |
| Binance QCOMUSDT | +0.0330% | 8h | 195.88 | −0.074% | $10.9M | $23.0M | 20x | as long as short |
| BloFin QCOM-USDTshort | +0.0339% | 8h | 195.92 | −0.051% | $127K | $50K | 20x | |
| tradeXYZ xyz:QCOM | +0.0396% | 1h | 195.96 | −0.031% | $7.2M | $2.2M | 10x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0406% | 8h | 196.00 | −0.011% | $6K | $209K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0600% | 4h | 195.99 | −0.015% | $82K | $266K | 10x | as long as short |
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Variational Omni QCOM
Phoenix QCOM
Extended QCOM-USD
Binance QCOMUSDT
tradeXYZ xyz:QCOM
GRVT QCOM_USDT_Perp
edgeX QCOMUSDC