Funding you earn now, next payment 06:00 UTC+0.0276%/8h= +30.3% APRnext payment +$0.35 per $10,000 · paid last 24h +0.042%
Price spread now: Phoenix against Injective−8.722%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 8.722% cheaper against Injective than usual: you would sell low and buy high (spread −8.722% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$872 on $10k: about 4 months of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective QCOM/USDC PERP | 212.22 | 0.0220 | pay 0.0028% / 1h | 1m 29s | $25K | $25K | 12x |
| Short | Phoenix QCOM | 193.71 | 0.0496 | get 0.0062% / 1h | 1m 29s | $97K | $239K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Injective. 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
- $58.05
- Price spread: −8.722% → 0.000%
- −$872.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$821.18
- Costs to cover
- 0.070%
- Break-even
- 106.0 days
Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 39 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 39 min ago | 7.78 bp | 21.9 bp −$22 | 48.7 bp −$487 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0304% | 8h | 193.43 | −8.854% | $1.3M | $1.2M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.18 | −8.971% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 193.32 | −8.908% | $101K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 193.38 | −8.878% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.30 | −8.915% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.43 | −8.854% | $1.8M | $3.8M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.38 | −8.878% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.46 | −8.839% | $306K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.31 | −8.910% | $6K | $181K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.18 | −8.972% | $680 | $4.4M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QCOM-USDT | 0.0000% | 8h | 193.62 | −8.764% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.38 | −8.878% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0005% | 8h | 193.33 | −8.901% | $129K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.13 | −8.995% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 193.44 | −8.849% | $76K | $866K | 10x | as long as short |
| QFEX QCOM-USD | +0.0051% | 1h | 193.40 | −8.868% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.08 | −9.019% | $321K | $567K | 20x | as long as short |
| Injective QCOM/USDC PERPlong | +0.0220% | 1h | 212.22 | long leg | $25K | $25K | 12x | |
| Phoenix QCOMshort | +0.0496% | 1h | 193.71 | −8.722% | $97K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0525% | 1h | 193.56 | −8.793% | $7.7M | $2.8M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0721% | 4h | 193.23 | −8.947% | $80K | $275K | 10x | as long as short |
Injective QCOM/USDC PERP
Phoenix QCOM
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
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
tradeXYZ xyz:QCOM
edgeX QCOMUSDC