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

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.004%
Price spread now: KuCoin against Polymarket Perps−0.109%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1971.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.109%, 7d avg −0.023%
Together, before fees+0.407%+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.086% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps QCOM-USD193.240.0143pay 0.0018% / 1h9m 29s$79K$844K10x
ShortKuCoin QCOMUSDTM193.030.0100get 0.0100% / 8h9m 29s$321K$582K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.04
Price spread: −0.109% → −0.023%
−$8.6
Slippage, 4 orders
−$176.69
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$214.33
Costs to cover
1.967%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 8 min ago; KuCoin: live order book, 25 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, 8 min ago2.07 bp6.1 bp −$67.4 bp −$7410.0 bp −$998doesn't fit
Sell KuCoin live order book, 25 min ago15.55 bp88.2 bp −$88doesn't fitdoesn't fitdoesn'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−0.0389%4h193.28+0.022%$80K$274K10xas long as short
Bitget QCOMUSDT−0.0196%8h193.28+0.021%$1.3M$1.2M20xas long as short
BloFin QCOM-USDT−0.0015%8h193.29+0.026%$129K$54K20xas long as short
Aster QCOMUSDT0.0000%8h193.09−0.075%$17K$11K20xas long as short
Extended QCOM-USD0.0000%1h193.14−0.051%$101K$475K10xas long as short
Binance QCOMUSDT0.0000%8h193.19−0.023%$10.8M$24.6M20xas long as short
Bybit QCOMUSDT0.0000%8h193.19−0.026%$1.7M$2.3M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h193.28+0.021%$1.8M$3.8M20xas long as short
Gate QCOM_USDT0.0000%8h193.25+0.005%$4.4M$3.5M50xas long as short
Variational Omni QCOM0.0000%8h193.28+0.019%$306K$117Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT QCOM_USDT_Perp0.0000%8h193.29+0.025%$6K$174K10xas long as short
SunX QCOM-USDT0.0000%8h193.16−0.041%$962$4.4M10xas long as short
HTX QCOM-USDT0.0000%8h193.60+0.186%$9K$11K20xas long as short
Phemex QCOMUSDT0.0000%8h193.30+0.031%$1.6M$1.1M10xas long as short
QFEX QCOM-USD+0.0025%1h193.13−0.057%$1.2M$3.1M10xas long as short
Lighter QCOM+0.0032%1h193.03−0.109%10xas long as short
KuCoin QCOMUSDTMshort+0.0100%8h193.03−0.109%$321K$582K20x
Polymarket Perps QCOM-USDlong+0.0143%1h193.24long leg$79K$844K10x
Injective QCOM/USDC PERP+0.0220%1h212.01+9.713%$25K$25K12xas long as short
Phoenix QCOM+0.0414%1h193.66+0.217%$97K$237K10xas long as short
tradeXYZ xyz:QCOM+0.0728%1h193.40+0.083%$7.7M$2.8M10xas long as short