Funding you earn now, next payment 01:00 UTC−0.0326%/8h= −35.8% APRpaid last 24h −0.097%
Price spread now: SunX against Phoenix−0.107%51s7-day average −0.049% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.107%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.058% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.049%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix QCOM | 196.15 | 0.0326 | pay 0.0041% / 1h | 15m 35s | $98K | $239K | 10x |
| Short | SunX QCOM-USDT | 195.94 | 0 | get 0.0000% / 8h | 6h 15m | $903 | $4.6M | 10x |
Phoenix QCOM
SunX QCOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Phoenix. 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
- −$68.56
- Price spread: −0.107% → −0.049%
- −$5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$89.35
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 49 min ago; SunX: live order book, 3 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 Phoenix live order book, 49 min ago | 6.62 bp | 19.8 bp −$20 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 500.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0821% | 4h | 195.85 | −0.153% | $81K | $270K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 195.93 | −0.110% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.98 | −0.087% | $2.0M | $1.5M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.09 | −0.031% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 196.01 | −0.071% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.79 | −0.184% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.86 | −0.147% | $6K | $193K | 10x | as long as short |
| SunX QCOM-USDTshort | 0.0000% | 8h | 195.94 | −0.107% | $903 | $4.6M | 10x | |
| HTX QCOM-USDT | 0.0000% | 8h | 196.06 | −0.046% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.98 | −0.087% | $1.6M | $969K | 10x | as long as short |
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
HTX QCOM-USDT
Phemex QCOMUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.87 | −0.143% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0043% | 1h | 195.94 | −0.107% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0089% | 1h | 196.02 | −0.066% | $84K | $879K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.69 | −0.235% | $319K | $536K | 20x | as long as short |
| Variational Omni QCOM | +0.0134% | 8h | 195.91 | −0.123% | $322K | $74K | — | as long as short |
| Binance QCOMUSDT | +0.0180% | 8h | 196.00 | −0.074% | $10.9M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0184% | 1h | 195.92 | −0.116% | $102K | $407K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.48 | +9.855% | $26K | $25K | 12x | as long as short |
| Phoenix QCOMlong | +0.0326% | 1h | 196.15 | long leg | $98K | $239K | 10x | |
| tradeXYZ xyz:QCOM | +0.0509% | 1h | 196.13 | −0.010% | $7.4M | $2.3M | 10x | as long as short |
Lighter QCOM
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Variational Omni QCOM
Binance QCOMUSDT
Extended QCOM-USD
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM