Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.062%+$6 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps QCOM-USD191.190.0050pay 0.0006% / 1h29m 38s$78K$766K10x
ShortGate QCOM_USDT191.230get 0.0000% / 8h7h 29m$4.4M$3.4M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 48 min ago2.07 bp6.1 bp −$67.4 bp −$7410.0 bp −$998doesn't fit
Sell Gate live order book, 4 min ago3.65 bp17.7 bp −$1845.3 bp −$45384.9 bp −$8,488doesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QCOMUSDC−0.0849%4h191.68+0.257%$79K$276K10xas long as short
GRVT QCOM_USDT_Perp−0.0419%8h192.01+0.429%$6K$168K10xas long as short
Bitget QCOMUSDT−0.0111%8h191.14−0.026%$1.3M$1.1M20xas long as short
Aster QCOMUSDT0.0000%8h191.12−0.035%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h191.07−0.062%$103K$475K10xas long as short
Binance QCOMUSDT0.0000%8h191.08−0.058%$10.7M$24.6M20xas long as short
Bybit QCOMUSDT0.0000%8h191.22+0.016%$1.7M$2.3M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h191.11−0.042%$1.8M$3.7M20xas long as short
Gate QCOM_USDTshort0.0000%8h191.23+0.021%$4.4M$3.4M50x
Variational Omni QCOM0.0000%8h191.47+0.146%$304K$117Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QCOM-USDT0.0000%8h191.33+0.073%$855$4.3M10xas long as short
HTX QCOM-USDT0.0000%8h192.31+0.586%$9K$11K20xas long as short
Phemex QCOMUSDT0.0000%8h191.26+0.037%$1.6M$1.1M10xas long as short
BloFin QCOM-USDT+0.0011%8h191.38+0.099%$129K$54K20xas long as short
Lighter QCOM+0.0032%1h191.32+0.068%10xas long as short
QFEX QCOM-USD+0.0049%1h191.30+0.058%$1.2M$3.1M10xas long as short
Polymarket Perps QCOM-USDlong+0.0050%1h191.19long leg$78K$766K10x
KuCoin QCOMUSDTM+0.0100%8h191.18−0.005%$318K$605K20xas long as short
Injective QCOM/USDC PERP+0.0220%1h212.01+10.890%$25K$21K12xas long as short
tradeXYZ xyz:QCOM+0.0480%1h191.28+0.047%$7.7M$2.7M10xas long as short
Phoenix QCOM+0.0497%1h191.74+0.288%$96K$237K10xas long as short