Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.033%
Price spread now: Gate against Polymarket Perps+0.021%48s7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as 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−$550.548% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.021%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.039% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.060%). Swap the legs. The two prices were read 48 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 | Polymarket Perps QCOM-USD | 191.19 | 0.0050 | pay 0.0006% / 1h | 29m 38s | $78K | $766K | 10x |
| Short | Gate QCOM_USDT | 191.23 | 0 | get 0.0000% / 8h | 7h 29m | $4.4M | $3.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: +0.021% → +0.060%
- −$3.95
- Slippage, 4 orders
- −$31.76
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.21
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 48 min ago; Gate: live order book, 4 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, 48 min ago | 2.07 bp | 6.1 bp −$6 | 7.4 bp −$74 | 10.0 bp −$998 | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.65 bp | 17.7 bp −$18 | 45.3 bp −$453 | 84.9 bp −$8,488 | 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 | −0.0849% | 4h | 191.68 | +0.257% | $79K | $276K | 10x | as long as short |
| GRVT QCOM_USDT_Perp | −0.0419% | 8h | 192.01 | +0.429% | $6K | $168K | 10x | as long as short |
| Bitget QCOMUSDT | −0.0111% | 8h | 191.14 | −0.026% | $1.3M | $1.1M | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 191.12 | −0.035% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 191.07 | −0.062% | $103K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 191.08 | −0.058% | $10.7M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 191.22 | +0.016% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 191.11 | −0.042% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDTshort | 0.0000% | 8h | 191.23 | +0.021% | $4.4M | $3.4M | 50x | |
| Variational Omni QCOM | 0.0000% | 8h | 191.47 | +0.146% | $304K | $117K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QCOM-USDT | 0.0000% | 8h | 191.33 | +0.073% | $855 | $4.3M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 192.31 | +0.586% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 191.26 | +0.037% | $1.6M | $1.1M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0011% | 8h | 191.38 | +0.099% | $129K | $54K | 20x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 191.32 | +0.068% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0049% | 1h | 191.30 | +0.058% | $1.2M | $3.1M | 10x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0050% | 1h | 191.19 | long leg | $78K | $766K | 10x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 191.18 | −0.005% | $318K | $605K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.01 | +10.890% | $25K | $21K | 12x | as long as short |
| tradeXYZ xyz:QCOM | +0.0480% | 1h | 191.28 | +0.047% | $7.7M | $2.7M | 10x | as long as short |
| Phoenix QCOM | +0.0497% | 1h | 191.74 | +0.288% | $96K | $237K | 10x | as long as short |
Polymarket Perps QCOM-USD
Gate QCOM_USDT
edgeX QCOMUSDC
GRVT QCOM_USDT_Perp
Bitget QCOMUSDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Variational Omni QCOM
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
BloFin QCOM-USDT
Lighter QCOM
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
tradeXYZ xyz:QCOM
Phoenix QCOM