Funding you earn now, next payment 08:00 UTC−0.0587%/8h= −64.2% APRpaid last 24h −0.080%
Price spread now: Phemex against edgeX−0.026%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.026%, 7d avg +0.038%
=Together, before fees+0.284%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Phemex is 0.064% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.7% 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 | edgeX QCOMUSDC | 193.03 | 0.0587 | pay 0.0293% / 4h | 2h 04m | $80K | $273K | 10x |
| Short | Phemex QCOMUSDT | 192.98 | 0 | get 0.0000% / 8h | 2h 04m | $1.6M | $1.1M | 10x |
edgeX QCOMUSDC
Phemex QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$123.19
- Price spread: −0.026% → +0.038%
- −$6.41
- Slippage, 4 orders
- −$57.94
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$208.55
- Costs to cover
- 0.789%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 43 min ago; Phemex: 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 edgeX live order book, 43 min ago | 6.20 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 0.78 bp | 28.7 bp −$29 | 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 | −0.0451% | 8h | 193.01 | −0.011% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.77 | −0.135% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 192.93 | −0.052% | $1.7M | $2.4M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.05 | +0.010% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.01 | −0.011% | $4.5M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.96 | −0.039% | $322K | $100K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.03 | 0.000% | $6K | $183K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.73 | −0.156% | $788 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.08 | +0.026% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDTshort | 0.0000% | 8h | 192.98 | −0.026% | $1.6M | $1.1M | 10x |
Bitget QCOMUSDT
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QCOMUSDT | +0.0015% | 8h | 192.91 | −0.061% | $10.9M | $24.3M | 20x | as long as short |
| Extended QCOM-USD | +0.0016% | 1h | 192.85 | −0.093% | $101K | $474K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0026% | 8h | 193.02 | −0.006% | $128K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.84 | −0.099% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0058% | 1h | 192.96 | −0.037% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.66 | −0.192% | $320K | $559K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 211.17 | +9.397% | $25K | $25K | 12x | as long as short |
| Polymarket Perps QCOM-USD | +0.0248% | 1h | 193.04 | +0.005% | $76K | $889K | 10x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 192.97 | −0.031% | $96K | $239K | 10x | as long as short |
| edgeX QCOMUSDClong | +0.0587% | 4h | 193.03 | long leg | $80K | $273K | 10x | |
| tradeXYZ xyz:QCOM | +0.0667% | 1h | 193.04 | +0.005% | $7.6M | $2.7M | 10x | as long as short |
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
Lighter QCOM
QFEX QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Polymarket Perps QCOM-USD
Phoenix QCOM
tradeXYZ xyz:QCOM