Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.025%

Price spread now: Polymarket Perps against Gate−0.005%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$590.587% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.005%, 7d avg −0.066%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.061% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QCOM_USDT	195.67	0	get 0.0000% / 8h	7h 30m	$4.5M	$3.2M	50x
Short	Polymarket Perps QCOM-USD	195.66	0.0050	get 0.0006% / 1h	30m 20s	$85K	$887K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee Polymarket PerpsbpOrdersPrice spread, now −0.005%Rate

Funding earned: $10.5
Price spread: −0.005% → −0.066%: $6.1
Slippage, 4 orders: −$35.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.06
Costs to cover: 0.587%
Break-even: 35.0 days

Slippage from Gate: live order book, 3 min ago; Polymarket Perps: live order book, 23 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, 3 min ago	6.39 bp	24.8 bp −$25	54.3 bp −$543	82.8 bp −$8,280	doesn't fit
Sell Polymarket Perps live order book, 23 min ago	2.30 bp	6.3 bp −$6	8.6 bp −$86	10.8 bp −$1,078	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	−0.0679%	4h	195.61	−0.030%	$82K	$268K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.61	−0.032%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.70	+0.015%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDTlong	0.0000%	8h	195.67	long leg	$4.5M	$3.2M	50x
Bitget QCOMUSDT	0.0000%	8h	195.69	+0.010%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.66	−0.007%	$6K	$206K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.50	−0.087%	$596	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.67	0.000%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.57	−0.051%	$1.6M	$961K	10x	as long as short
Bybit QCOMUSDT	+0.0031%	8h	195.71	+0.020%	$2.0M	$1.7M	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.43	−0.123%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0040%	1h	195.56	−0.056%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USDshort	+0.0050%	1h	195.66	−0.005%	$85K	$887K	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.54	−0.066%	$319K	$514K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.06	+9.910%	$26K	$25K	12x	as long as short
Variational Omni QCOM	+0.0262%	8h	195.53	−0.069%	$321K	$74K	—	as long as short
Extended QCOM-USD	+0.0296%	1h	195.60	−0.037%	$107K	$402K	10x	as long as short
Binance QCOMUSDT	+0.0297%	8h	195.64	−0.015%	$10.8M	$22.7M	20x	as long as short
Phoenix QCOM	+0.0327%	1h	195.56	−0.056%	$98K	$249K	10x	as long as short
BloFin QCOM-USDT	+0.0328%	8h	195.52	−0.077%	$127K	$54K	20x	as long as short
tradeXYZ xyz:QCOM	+0.0390%	1h	195.75	+0.041%	$7.2M	$2.2M	10x	as long as short