Funding you earn now, next payment 20:00 UTC−0.0480%/8hpaid last 24h +0.122%
Price spread now: edgeX against Phemex−0.201%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.201%, 7d avg −0.041%
=Together, before fees−0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.160% cheaper against Phemex than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% 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 | Phemex QCOMUSDT | 194.69 | 0 | get 0.0000% / 8h | 4h 04m | $1.6M | $934K | 10x |
| Short | edgeX QCOMUSDC | 194.30 | −0.0480 | pay 0.0240% / 4h | 4m 25s | $80K | $261K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$100.72
- Price spread: −0.201% → −0.041%
- −$15.95
- Slippage, 4 orders
- −$68.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$206.41
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 27 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 Phemex live order book, 3 min ago | 8.98 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 27 min ago | 6.18 bp | 11.0 bp −$11 | 100.4 bp −$1,004 | 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 | −0.0480% | 4h | 194.30 | −0.201% | $80K | $261K | 10x | |
| BloFin QCOM-USDT | −0.0007% | 8h | 194.72 | +0.015% | $128K | $48K | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 194.55 | −0.072% | $18K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 194.49 | −0.103% | $104K | $268K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 194.65 | −0.019% | $10.8M | $22.5M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 194.59 | −0.051% | $1.9M | $2.0M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.73 | +0.021% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.56 | −0.067% | $4.4M | $3.1M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.48 | −0.108% | $1.3M | $1.2M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 194.77 | +0.041% | $280K | $36K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 194.77 | +0.043% | $6K | $237K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.45 | −0.123% | $754 | $5.0M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.77 | +0.041% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTlong | 0.0000% | 8h | 194.69 | long leg | $1.6M | $934K | 10x | |
| QFEX QCOM-USD | +0.0022% | 1h | 194.46 | −0.118% | $1.2M | $2.8M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 194.60 | −0.046% | — | — | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 194.58 | −0.057% | $83K | $1.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.43 | −0.134% | $317K | $515K | 20x | as long as short |
| tradeXYZ xyz:QCOM | +0.0203% | 1h | 194.68 | −0.005% | $7.2M | $2.2M | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 213.50 | +9.662% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0330% | 1h | 194.92 | +0.118% | $98K | $254K | 10x | as long as short |
Phemex QCOMUSDT
edgeX QCOMUSDC
BloFin QCOM-USDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
tradeXYZ xyz:QCOM
Injective QCOM/USDC PERP
Phoenix QCOM