Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.056%

Price spread now: BloFin against QFEX+0.102%99s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.372% of the position

Long on QFEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.063%+$6 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.102%, 7d avg +0.029%

Together, before fees+0.045%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.073% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 99 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	QFEX QCOM-USD	195.69	0.0062	pay 0.0008% / 1h	27m 22s	$1.2M	$3.3M	10x
Short	BloFin QCOM-USDT	195.89	0.0178	get 0.0178% / 8h	5h 27m	$128K	$55K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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 QFEXbpFee BloFinbpOrdersPrice spread, now +0.102%Rate

Funding earned: $24.43
Price spread: +0.102% → +0.029%: $7.32
Slippage, 4 orders: −$15.22
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$5.46
Costs to cover: 0.372%
Break-even: 8.6 days

Slippage from QFEX: live order book, 6 min ago; BloFin: live order book, 9 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 QFEX live order book, 6 min ago	2.55 bp	7.6 bp −$8	11.7 bp −$117	doesn't fit	doesn't fit
Sell BloFin live order book, 9 min ago	2.81 bp	10.8 bp −$11	24.4 bp −$244	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
edgeX QCOMUSDC	−0.0748%	4h	195.90	+0.107%	$81K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.87	+0.090%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.73	+0.020%	$2.5M	$1.8M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.95	+0.133%	$1.8M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.90	+0.107%	$4.4M	$3.3M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.94	+0.128%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.90	+0.107%	$6K	$191K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.69	0.000%	$838	$4.6M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.02	+0.169%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.91	+0.112%	$1.6M	$999K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.71	+0.010%	—	—	10x	as long as short
QFEX QCOM-USDlong	+0.0062%	1h	195.69	long leg	$1.2M	$3.3M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.65	−0.020%	$319K	$545K	20x	as long as short
Variational Omni QCOM	+0.0113%	8h	195.93	+0.123%	$322K	$75K	—	as long as short
Binance QCOMUSDT	+0.0160%	8h	195.83	+0.069%	$11.1M	$23.4M	20x	as long as short
Extended QCOM-USD	+0.0160%	1h	195.79	+0.054%	$107K	$412K	10x	as long as short
BloFin QCOM-USDTshort	+0.0178%	8h	195.89	+0.102%	$128K	$55K	20x
Polymarket Perps QCOM-USD	+0.0213%	1h	195.86	+0.087%	$83K	$894K	10x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.37	+10.057%	$26K	$25K	12x	as long as short
Phoenix QCOM	+0.0449%	1h	196.01	+0.164%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0582%	1h	195.94	+0.128%	$7.4M	$2.3M	10x	as long as short