Funding you earn now, next payment 22:00 UTC+0.0329%/8h= +36.0% APRpaid last 24h +0.069%
Price spread now: Phoenix against Bybit+0.021%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.021%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QCOMUSDT | 194.80 | 0 | get 0.0000% / 8h | 1h 05m | $1.9M | $1.9M | 25x |
| Short | Phoenix QCOM | 194.84 | 0.0329 | get 0.0041% / 1h | 5m 22s | $97K | $259K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $69.05
- Price spread: +0.021% → +0.030%
- −$0.97
- Slippage, 4 orders
- −$75.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$25.64
- Costs to cover
- 0.937%
- Break-even
- 9.6 days
Slippage from Bybit: live order book, 6 min ago; Phoenix: live order book, 10 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, 6 min ago | 2.57 bp | 25.3 bp −$25 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 10 min ago | 5.13 bp | 16.0 bp −$16 | 34.6 bp −$346 | 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 | 194.63 | −0.085% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTlong | 0.0000% | 8h | 194.80 | long leg | $1.9M | $1.9M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.87 | +0.036% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.81 | +0.005% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.77 | −0.015% | $1.3M | $1.2M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.64 | −0.082% | $712 | $5.0M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.92 | +0.062% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 194.80 | 0.000% | $1.6M | $980K | 10x | as long as short |
| edgeX QCOMUSDC | +0.0015% | 4h | 194.77 | −0.018% | $81K | $266K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 194.62 | −0.092% | — | — | 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 | +0.0056% | 1h | 194.72 | −0.041% | $1.2M | $2.9M | 10x | as long as short |
| Variational Omni QCOM | +0.0060% | 8h | 194.82 | +0.010% | $320K | $77K | — | as long as short |
| Polymarket Perps QCOM-USD | +0.0073% | 1h | 194.75 | −0.026% | $83K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.62 | −0.092% | $317K | $517K | 20x | as long as short |
| Extended QCOM-USD | +0.0128% | 1h | 194.76 | −0.021% | $104K | $268K | 10x | as long as short |
| Binance QCOMUSDT | +0.0135% | 8h | 194.79 | −0.006% | $10.8M | $23.1M | 20x | as long as short |
| BloFin QCOM-USDT | +0.0150% | 8h | 194.75 | −0.026% | $125K | $50K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0197% | 8h | 194.82 | +0.010% | $7K | $222K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.32 | +10.021% | $25K | $25K | 12x | as long as short |
| Phoenix QCOMshort | +0.0329% | 1h | 194.84 | +0.021% | $97K | $259K | 10x | |
| tradeXYZ xyz:QCOM | +0.0440% | 1h | 194.82 | +0.010% | $7.1M | $2.3M | 10x | as long as short |
Bybit QCOMUSDT
Phoenix QCOM
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
edgeX QCOMUSDC
Lighter QCOM
Variational Omni QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Extended QCOM-USD
Binance QCOMUSDT
BloFin QCOM-USDT
GRVT QCOM_USDT_Perp
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM