Funding you earn now, next payment 08:00 UTC+0.0227%/8h= +24.9% APRnext payment +$2.27 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against Gate−0.051%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 2 days (all we have)+0.046%+$5 · spread now −0.051%, 7d avg −0.019%
=Funding pays, the price is against you. Binance is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.046% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.27 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 | Gate QCOM_USDT | 195.75 | 0 | get 0.0000% / 8h | 6h 48m | $4.5M | $3.2M | 50x |
| Short | Binance QCOMUSDT | 195.65 | 0.0227 | get 0.0227% / 8h | 6h 48m | $10.8M | $22.7M | 20x |
Gate QCOM_USDT
Binance QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $47.71
- Price spread: −0.051% → −0.019%
- −$3.24
- Slippage, 4 orders
- −$22.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2.58
- Costs to cover
- 0.470%
- Break-even
- 7.4 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 8 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 Gate live order book, 5 min ago | 4.59 bp | 13.4 bp −$13 | 46.5 bp −$465 | 77.2 bp −$7,717 | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.28 bp | 7.9 bp −$8 | 23.9 bp −$239 | 100.3 bp −$10.0K | 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 | 195.61 | −0.071% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.72 | −0.015% | $2.0M | $1.7M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.81 | +0.031% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDTlong | 0.0000% | 8h | 195.75 | long leg | $4.5M | $3.2M | 50x | |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.86 | +0.056% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.90 | +0.077% | $6K | $196K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.66 | −0.046% | $714 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.94 | +0.097% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.82 | +0.036% | $1.6M | $961K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.51 | −0.123% | — | — | 10x | as long as short |
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0043% | 1h | 195.73 | −0.010% | $1.2M | $2.8M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.76 | +0.005% | $85K | $884K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.66 | −0.046% | $319K | $525K | 20x | as long as short |
| Variational Omni QCOM | +0.0189% | 8h | 195.86 | +0.059% | $322K | $74K | — | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +10.003% | $26K | $25K | 12x | as long as short |
| Extended QCOM-USD | +0.0224% | 1h | 195.66 | −0.046% | $105K | $404K | 10x | as long as short |
| Binance QCOMUSDTshort | +0.0227% | 8h | 195.65 | −0.051% | $10.8M | $22.7M | 20x | |
| BloFin QCOM-USDT | +0.0255% | 8h | 195.88 | +0.066% | $128K | $55K | 20x | as long as short |
| Phoenix QCOM | +0.0326% | 1h | 195.81 | +0.031% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0492% | 1h | 195.82 | +0.036% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0598% | 4h | 195.84 | +0.044% | $82K | $268K | 10x | as long as short |
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Injective QCOM/USDC PERP
Extended QCOM-USD
BloFin QCOM-USDT
Phoenix QCOM
tradeXYZ xyz:QCOM
edgeX QCOMUSDC