Funding you earn now, next payment 06:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.014%
Price spread now: Bybit against Polymarket Perps−0.109%57s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.964% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.109%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.135% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% 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 | Polymarket Perps QCOM-USD | 192.79 | 0.0208 | pay 0.0026% / 1h | 29m 36s | $75K | $892K | 10x |
| Short | Bybit QCOMUSDT | 192.58 | 0 | get 0.0000% / 8h | 2h 29m | $1.7M | $2.4M | 25x |
Polymarket Perps QCOM-USD
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$43.73
- Price spread: −0.109% → +0.027%
- −$13.54
- Slippage, 4 orders
- −$77.43
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.7
- Costs to cover
- 0.964%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 63 min ago; Bybit: live order book, 2 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, 63 min ago | 2.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 10.3 bp −$1,030 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.12 bp | 44.2 bp −$44 | 115.4 bp −$1,154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget QCOMUSDT | −0.0288% | 8h | 192.68 | −0.057% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 192.68 | −0.059% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 192.58 | −0.109% | $1.7M | $2.4M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 192.66 | −0.067% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 192.63 | −0.083% | $4.4M | $3.4M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 192.44 | −0.181% | $304K | $84K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 192.46 | −0.169% | $6K | $185K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 192.52 | −0.140% | $643 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.14 | +0.182% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 192.75 | −0.021% | $1.6M | $1.1M | 10x | as long as short |
Bitget QCOMUSDT
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QCOM-USDT | +0.0004% | 8h | 192.73 | −0.031% | $130K | $54K | 20x | as long as short |
| Extended QCOM-USD | +0.0016% | 1h | 192.47 | −0.167% | $101K | $474K | 10x | as long as short |
| Binance QCOMUSDT | +0.0017% | 8h | 192.60 | −0.099% | $10.9M | $24.0M | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 192.40 | −0.202% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0058% | 1h | 192.47 | −0.166% | $1.2M | $3.2M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 192.46 | −0.171% | $314K | $550K | 20x | as long as short |
| edgeX QCOMUSDC | +0.0142% | 4h | 192.74 | −0.028% | $79K | $274K | 10x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0208% | 1h | 192.79 | long leg | $75K | $892K | 10x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.38 | +10.161% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0496% | 1h | 192.98 | +0.099% | $96K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0680% | 1h | 192.61 | −0.093% | $7.5M | $2.7M | 10x | as long as short |
BloFin QCOM-USDT
Extended QCOM-USD
Binance QCOMUSDT
Lighter QCOM
QFEX QCOM-USD
KuCoin QCOMUSDTM
edgeX QCOMUSDC
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM