Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: OKX against Lighter+0.114%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.114% dearer against Lighter than usual: you sell high and buy low (spread +0.114% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter QCOM	192.78	0.0032	pay 0.0004% / 1h	11m 03s	—	—	10x
Short	OKX QCOM-USDT-SWAP	193.00	0	get 0.0000% / 8h	2h 11m	$1.8M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Lighter. 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 LighterbpFee OKXbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$6.72
Price spread: +0.114% → 0.000%: $11.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$5.31
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; OKX: live order book, 1 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 Lighter no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	1.04 bp	10.8 bp −$11	36.5 bp −$365	doesn't fit	doesn't fit

Lighter: 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	−0.0467%	8h	193.03	+0.130%	$1.3M	$1.2M	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	192.87	+0.049%	$17K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	193.07	+0.150%	$1.7M	$2.4M	25x	as long as short
OKX QCOM-USDT-SWAPshort	0.0000%	8h	193.00	+0.114%	$1.8M	$3.8M	20x
Gate QCOM_USDT	0.0000%	8h	192.97	+0.099%	$4.5M	$3.5M	50x	as long as short
Variational Omni QCOM	0.0000%	8h	192.39	−0.201%	$305K	$84K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	192.48	−0.156%	$6K	$184K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	192.72	−0.031%	$915	$4.5M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	192.81	+0.016%	$9K	$11K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	193.01	+0.119%	$1.6M	$1.1M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended QCOM-USD	+0.0016%	1h	192.97	+0.096%	$101K	$474K	10x	as long as short
Binance QCOMUSDT	+0.0017%	8h	193.02	+0.124%	$11.0M	$24.2M	20x	as long as short
Lighter QCOMlong	+0.0032%	1h	192.78	long leg	—	—	10x
BloFin QCOM-USDT	+0.0035%	8h	192.70	−0.041%	$129K	$54K	20x	as long as short
QFEX QCOM-USD	+0.0058%	1h	192.79	+0.005%	$1.2M	$3.2M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	192.74	−0.021%	$321K	$554K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	211.17	+9.539%	$25K	$25K	12x	as long as short
Polymarket Perps QCOM-USD	+0.0246%	1h	193.01	+0.119%	$76K	$889K	10x	as long as short
Phoenix QCOM	+0.0496%	1h	192.78	0.000%	$96K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0691%	1h	193.07	+0.150%	$7.6M	$2.7M	10x	as long as short
edgeX QCOMUSDC	+0.0738%	4h	192.68	−0.053%	$79K	$272K	10x	as long as short