Funding you earn now, next payment 08:00 UTC−0.0864%/8h= −94.6% APRpaid last 24h +0.078%
Price spread now: edgeX against Gate−0.002%97s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.002%, 7d avg −0.036%
=Together, before fees−0.282%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.034% dearer against Gate than usual: you sell high and buy low (spread −0.002% now, against its 7-day average of −0.036%): +$3 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.220% in total) that is about 26 hours. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.220% in total (about -11.5% 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 | Gate QCOM_USDT | 193.40 | 0 | get 0.0000% / 8h | 1h 01m | $4.4M | $3.5M | 50x |
| Short | edgeX QCOMUSDC | 193.40 | −0.0864 | pay 0.0432% / 4h | 1h 01m | $80K | $274K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$181.36
- Price spread: −0.002% → −0.036%
- $3.41
- Slippage, 4 orders
- −$45.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$247.9
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 41 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, 1 min ago | 4.66 bp | 32.4 bp −$32 | 51.4 bp −$514 | 77.0 bp −$7,698 | doesn't fit |
| Sell edgeX live order book, 41 min ago | 6.75 bp | 11.6 bp −$12 | 99.1 bp −$991 | 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 QCOMUSDCshort | −0.0864% | 4h | 193.40 | −0.002% | $80K | $274K | 10x | |
| Bitget QCOMUSDT | −0.0307% | 8h | 193.41 | +0.005% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.20 | −0.104% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 193.33 | −0.034% | $101K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 193.40 | 0.000% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.32 | −0.041% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.54 | +0.072% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDTlong | 0.0000% | 8h | 193.40 | long leg | $4.4M | $3.5M | 50x | |
| Variational Omni QCOM | 0.0000% | 8h | 193.46 | +0.032% | $306K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.39 | −0.005% | $6K | $181K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 193.18 | −0.114% | $680 | $4.4M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.62 | +0.114% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.38 | −0.010% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0005% | 8h | 193.33 | −0.036% | $129K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.13 | −0.140% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 193.44 | +0.021% | $76K | $866K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 193.33 | −0.036% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.07 | −0.171% | $321K | $567K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.22 | +9.731% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 193.71 | +0.160% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0525% | 1h | 193.56 | +0.083% | $7.7M | $2.8M | 10x | as long as short |
Gate QCOM_USDT
edgeX QCOMUSDC
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM