Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.005%

Price spread now: BloFin against Polymarket Perps−0.026%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.026%, 7d avg +0.050%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.076% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.050%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.006% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps QCOM-USD	195.19	0.0054	pay 0.0007% / 1h	44m 33s	$85K	$1.4M	10x
Short	BloFin QCOM-USDT	195.14	0.0220	get 0.0220% / 8h	44m 33s	$125K	$50K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $34.78
Price spread: −0.026% → +0.050%: −$7.58
Slippage, 4 orders: −$13.47
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$6.27
Costs to cover: 0.335%
Break-even: 8.3 days

Slippage from Polymarket Perps: live order book, 4 min ago; BloFin: live order book, 16 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 Polymarket Perps live order book, 4 min ago	2.31 bp	6.3 bp −$6	7.7 bp −$77	10.4 bp −$1,037	doesn't fit
Sell BloFin live order book, 16 min ago	0.51 bp	10.3 bp −$10	22.3 bp −$223	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 QCOMUSDC	−0.0716%	4h	194.99	−0.103%	$81K	$267K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.30	+0.055%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.22	+0.015%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.28	+0.046%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.27	+0.041%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.19	0.000%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.02	−0.087%	$897	$4.9M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	195.24	+0.026%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.24	+0.026%	$1.6M	$968K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.22	+0.015%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USD	+0.0052%	1h	195.25	+0.031%	$1.2M	$2.9M	10x	as long as short
Polymarket Perps QCOM-USDlong	+0.0054%	1h	195.19	long leg	$85K	$1.4M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.16	−0.015%	$318K	$511K	20x	as long as short
Variational Omni QCOM	+0.0157%	8h	195.11	−0.043%	$320K	$77K	—	as long as short
Extended QCOM-USD	+0.0216%	1h	195.18	−0.003%	$105K	$268K	10x	as long as short
Binance QCOMUSDT	+0.0219%	8h	195.26	+0.036%	$10.8M	$23.0M	20x	as long as short
BloFin QCOM-USDTshort	+0.0220%	8h	195.14	−0.026%	$125K	$50K	20x
Injective QCOM/USDC PERP	+0.0220%	1h	214.08	+9.678%	$25K	$25K	12x	as long as short
GRVT QCOM_USDT_Perp	+0.0251%	8h	194.96	−0.118%	$6K	$215K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0319%	1h	195.24	+0.026%	$7.1M	$2.2M	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.15	−0.020%	$98K	$259K	10x	as long as short