Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —

Price spread now: Lighter against Polymarket Perps+0.166%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.166% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.166% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps QCOM-USD	198.62	0.0050	pay 0.0006% / 1h	4m 17s	$99K	$981K	10x
Short	Lighter QCOM	198.95	0.0032	get 0.0004% / 1h	4m 17s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.166%Rate

Funding earned: −$3.78
Price spread: +0.166% → 0.000%: $16.61
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.83
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 2 min ago; Lighter: no order-book sample. Net counts fees only.

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, 2 min ago	0.76 bp	6.1 bp −$6	8.0 bp −$80	19.9 bp −$1,987	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QCOM on 21 exchanges

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
BloFin QCOM-USDT	−0.0009%	8h	198.07	−0.277%	$142K	$61K	20x	as long as short
Aster QCOMUSDT	0.0000%	8h	198.86	+0.122%	$18K	$14K	20x	as long as short
Extended QCOM-USD	0.0000%	1h	198.95	+0.164%	$82K	$1.0M	10x	as long as short
Binance QCOMUSDT	0.0000%	8h	199.00	+0.193%	$11.3M	$17.9M	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	199.07	+0.227%	$1.8M	$1.1M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	199.00	+0.191%	$1.9M	$2.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	198.81	+0.096%	$4.7M	$1.7M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	199.04	+0.211%	$1.4M	$740K	20x	as long as short
Variational Omni QCOM	0.0000%	8h	198.06	−0.280%	$244K	$243K	—	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	197.92	−0.351%	$6K	$69K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QCOM-USDT	0.0000%	8h	198.77	+0.076%	$678	$719K	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	197.85	−0.388%	$9K	$7K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	198.98	+0.181%	$1.6M	$964K	10x	as long as short
Lighter QCOMshort	+0.0032%	1h	198.95	+0.166%	—	—	10x
QFEX QCOM-USD	+0.0041%	1h	198.52	−0.050%	$1.2M	$2.7M	10x	as long as short
Polymarket Perps QCOM-USDlong	+0.0050%	1h	198.62	long leg	$99K	$981K	10x
KuCoin QCOMUSDTM	+0.0100%	8h	198.50	−0.060%	$329K	$1.2M	20x	as long as short
tradeXYZ xyz:QCOM	+0.0214%	1h	198.89	+0.136%	$8.4M	$3.1M	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	197.60	−0.514%	$24K	$68K	12x	as long as short
Phoenix QCOM	+0.0326%	1h	197.89	−0.368%	$99K	$17K	10x	as long as short
edgeX QCOMUSDC	+0.0662%	4h	197.91	−0.356%	$82K	$297K	10x	as long as short