Funding you earn now, next payment 04:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h +0.094%
Price spread now: tradeXYZ against Bybit+0.138%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 7 days−0.200%−$20 · spread now +0.138%, 7d avg −0.032%
=Together, before fees+0.065%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and tradeXYZ is 0.170% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.264% in total (about 13.8% a year). A funding rate is set anew for every payment. 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 | 195.60 | 0 | get 0.0000% / 8h | 4h 10m | $2.5M | $1.8M | 25x |
| Short | tradeXYZ xyz:QCOM | 195.87 | 0.0556 | get 0.0069% / 1h | 10m 03s | $7.5M | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $116.74
- Price spread: +0.138% → −0.032%
- $17.01
- Slippage, 4 orders
- −$80.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $24.05
- Costs to cover
- 1.097%
- Break-even
- 5.6 days
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: live order book, 7 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, 2 min ago | 5.37 bp | 50.8 bp −$51 | 140.0 bp −$1,400 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.02 bp | 16.3 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0670% | 4h | 195.62 | +0.012% | $81K | $273K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.72 | +0.062% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTlong | 0.0000% | 8h | 195.60 | long leg | $2.5M | $1.8M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.66 | +0.031% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.77 | +0.087% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.81 | +0.107% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 195.63 | +0.017% | $318K | $78K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.68 | +0.042% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.57 | −0.015% | $634 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.69 | +0.046% | $10K | $10K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 195.74 | +0.072% | $1.6M | $991K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.50 | −0.051% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.74 | +0.072% | $1.2M | $3.3M | 10x | as long as short |
| Binance QCOMUSDT | +0.0072% | 8h | 195.75 | +0.076% | $11.1M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0072% | 1h | 195.67 | +0.037% | $103K | $421K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0086% | 8h | 195.67 | +0.036% | $129K | $54K | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.59 | −0.005% | $319K | $514K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0131% | 1h | 195.78 | +0.092% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.12 | +9.980% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.88 | +0.143% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0556% | 1h | 195.87 | +0.138% | $7.5M | $2.4M | 10x |
Bybit QCOMUSDT
tradeXYZ xyz:QCOM
edgeX QCOMUSDC
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM