Funding you earn now, next payment 04:00 UTC+0.0480%/8h= +52.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.049%
Price spread now: tradeXYZ against Extended+0.099%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.099%, 7d avg −0.002%
=Together, before fees+0.101%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and tradeXYZ is 0.101% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 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 | Extended QCOM-USD | 195.57 | 0.0072 | pay 0.0009% / 1h | 11m 55s | $103K | $421K | 10x |
| Short | tradeXYZ xyz:QCOM | 195.76 | 0.0552 | get 0.0069% / 1h | 11m 55s | $7.5M | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- $100.83
- Price spread: +0.099% → −0.002%
- $10.08
- Slippage, 4 orders
- −$48.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $39.81
- Costs to cover
- 0.711%
- Break-even
- 4.2 days
Slippage from Extended: live order book, 46 min ago; tradeXYZ: live order book, 5 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 Extended live order book, 46 min ago | 4.08 bp | 19.4 bp −$19 | 141.6 bp −$1,416 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 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 | +0.029% | $81K | $273K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.65 | +0.045% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.55 | −0.008% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.63 | +0.033% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.69 | +0.063% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.71 | +0.074% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.68 | +0.060% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.47 | −0.049% | $848 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.74 | +0.089% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.62 | +0.028% | $1.6M | $991K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QCOM | +0.0001% | 8h | 195.67 | +0.053% | $318K | $78K | — | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.43 | −0.070% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.59 | +0.012% | $1.2M | $3.3M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0045% | 8h | 195.68 | +0.058% | $129K | $54K | 20x | as long as short |
| Extended QCOM-USDlong | +0.0072% | 1h | 195.57 | long leg | $103K | $421K | 10x | |
| Binance QCOMUSDT | +0.0074% | 8h | 195.62 | +0.028% | $11.1M | $22.8M | 20x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.49 | −0.039% | $319K | $515K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0131% | 1h | 195.62 | +0.028% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.12 | +9.999% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.88 | +0.160% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0552% | 1h | 195.76 | +0.099% | $7.5M | $2.4M | 10x |
Extended QCOM-USD
tradeXYZ xyz:QCOM
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Variational Omni QCOM
Lighter QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM