Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.013%
Price spread now: OKX against Polymarket Perps−0.047%47s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$430.433% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.315%+$31 · spread now −0.047%, 7d avg +0.045%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.091% 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 +0.045%). Swap the legs. The two prices were read 47 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 | 193.32 | 0.0156 | pay 0.0019% / 1h | 4m 43s | $79K | $844K | 10x |
| Short | OKX QCOM-USDT-SWAP | 193.23 | 0 | get 0.0000% / 8h | 4m 43s | $1.8M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$32.71
- Price spread: −0.047% → +0.045%
- −$9.13
- Slippage, 4 orders
- −$25.25
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$85.09
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 13 min ago; OKX: live order book, 3 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, 13 min ago | 2.07 bp | 6.1 bp −$6 | 7.4 bp −$74 | 10.0 bp −$998 | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.29 bp | 10.3 bp −$10 | 27.2 bp −$272 | 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 | −0.0186% | 8h | 193.33 | +0.005% | $1.3M | $1.2M | 20x | as long as short |
| BloFin QCOM-USDT | −0.0004% | 8h | 193.29 | −0.016% | $129K | $54K | 20x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.12 | −0.102% | $17K | $11K | 20x | as long as short |
| Extended QCOM-USD | 0.0000% | 1h | 193.28 | −0.019% | $101K | $475K | 10x | as long as short |
| Binance QCOMUSDT | 0.0000% | 8h | 193.31 | −0.003% | $10.8M | $24.6M | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.23 | −0.047% | $1.7M | $2.3M | 25x | as long as short |
| OKX QCOM-USDT-SWAPshort | 0.0000% | 8h | 193.23 | −0.047% | $1.8M | $3.8M | 20x | |
| Gate QCOM_USDT | 0.0000% | 8h | 193.32 | 0.000% | $4.4M | $3.5M | 50x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 193.21 | −0.055% | $306K | $117K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 193.24 | −0.042% | $6K | $174K | 10x | 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 | 193.22 | −0.052% | $727 | $4.4M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 193.35 | +0.016% | $9K | $11K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 193.33 | +0.005% | $1.6M | $1.1M | 10x | as long as short |
| QFEX QCOM-USD | +0.0025% | 1h | 193.23 | −0.047% | $1.2M | $3.1M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.03 | −0.150% | — | — | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.09 | −0.119% | $322K | $586K | 20x | as long as short |
| Polymarket Perps QCOM-USDlong | +0.0156% | 1h | 193.32 | long leg | $79K | $844K | 10x | |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 212.01 | +9.668% | $25K | $25K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0306% | 4h | 193.20 | −0.060% | $80K | $275K | 10x | as long as short |
| Phoenix QCOM | +0.0414% | 1h | 193.44 | +0.062% | $97K | $237K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0746% | 1h | 193.49 | +0.088% | $7.7M | $2.8M | 10x | as long as short |
Polymarket Perps QCOM-USD
OKX QCOM-USDT-SWAP
Bitget QCOMUSDT
BloFin QCOM-USDT
Aster QCOMUSDT
Extended QCOM-USD
Binance QCOMUSDT
Bybit QCOMUSDT
Gate QCOM_USDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
KuCoin QCOMUSDTM
Injective QCOM/USDC PERP
edgeX QCOMUSDC
Phoenix QCOM
tradeXYZ xyz:QCOM