Funding arb · Price arb /

QCOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Phemex−0.065%7-day average — · you buy dearer than you sell

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

Long on Phemex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.065% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex QCOMUSDT	196.31	0	get 0.0000% / 8h	5h 54m	$1.6M	$993K	10x
Short	Aster QCOMUSDT	196.18	0	get 0.0000% / 8h	5h 54m	$18K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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 PhemexbpFee AsterbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → 0.000%: −$6.49
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.49
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; Aster: no order-book sample. 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 Phemex live order book, 4 min ago	2.80 bp	28.4 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 20 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 QCOMUSDTshort	0.0000%	8h	196.18	−0.065%	$18K	$11K	20x
Bybit QCOMUSDT	0.0000%	8h	196.21	−0.051%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	196.33	+0.010%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	196.34	+0.015%	$4.5M	$3.3M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	196.24	−0.036%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	196.19	−0.063%	$6K	$192K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	196.20	−0.056%	$859	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.24	−0.036%	$10K	$10K	20x	as long as short
Phemex QCOMUSDTlong	0.0000%	8h	196.31	long leg	$1.6M	$993K	10x
Lighter QCOM	+0.0032%	1h	196.05	−0.132%	—	—	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0062%	1h	196.24	−0.036%	$1.2M	$3.3M	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	196.00	−0.158%	$319K	$543K	20x	as long as short
Variational Omni QCOM	+0.0132%	8h	196.25	−0.029%	$322K	$74K	—	as long as short
Extended QCOM-USD	+0.0184%	1h	196.25	−0.030%	$107K	$412K	10x	as long as short
Binance QCOMUSDT	+0.0184%	8h	196.31	0.000%	$11.2M	$23.3M	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.49	+9.770%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	196.29	−0.010%	$98K	$239K	10x	as long as short
Polymarket Perps QCOM-USD	+0.0350%	1h	196.33	+0.010%	$83K	$895K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0580%	1h	196.35	+0.020%	$7.4M	$2.3M	10x	as long as short
edgeX QCOMUSDC	+0.0940%	4h	196.16	−0.076%	$81K	$269K	10x	as long as short