Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.011%

Price spread now: SunX against QFEX−0.077%7-day average −0.006% · you buy dearer than you sell

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

Long on QFEX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.077%, 7d avg −0.006%

Together, before fees+0.001%$0 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 SunX is 0.070% cheaper against QFEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX QCOM-USD	195.41	0.0052	pay 0.0007% / 1h	37m 56s	$1.2M	$2.9M	10x
Short	SunX QCOM-USDT	195.26	0	get 0.0000% / 8h	37m 56s	$705	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$10.97
Price spread: −0.077% → −0.006%: −$7.03
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$36
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 5 min ago; SunX: live order book, 10 min ago. 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 QFEX live order book, 5 min ago	1.28 bp	6.3 bp −$6	8.6 bp −$86	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	496.83 bp	doesn't fit	doesn't fit	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
Aster QCOMUSDT	0.0000%	8h	195.34	−0.035%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.40	−0.005%	$1.9M	$1.9M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.57	+0.082%	$1.7M	$3.7M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.47	+0.031%	$4.4M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.53	+0.061%	$1.3M	$1.1M	20x	as long as short
SunX QCOM-USDTshort	0.0000%	8h	195.26	−0.077%	$705	$4.9M	10x
HTX QCOM-USDT	0.0000%	8h	195.33	−0.041%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.48	+0.036%	$1.6M	$970K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.29	−0.061%	—	—	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.41	0.000%	$85K	$1.4M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX QCOM-USDlong	+0.0052%	1h	195.41	long leg	$1.2M	$2.9M	10x
KuCoin QCOMUSDTM	+0.0100%	8h	195.24	−0.087%	$318K	$512K	20x	as long as short
Variational Omni QCOM	+0.0165%	8h	195.04	−0.189%	$320K	$77K	—	as long as short
BloFin QCOM-USDT	+0.0202%	8h	195.29	−0.061%	$126K	$50K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	214.08	+9.554%	$25K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0222%	8h	195.47	+0.031%	$10.8M	$23.0M	20x	as long as short
Extended QCOM-USD	+0.0224%	1h	195.44	+0.016%	$105K	$268K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0250%	1h	195.41	0.000%	$7.1M	$2.2M	10x	as long as short
GRVT QCOM_USDT_Perp	+0.0263%	8h	195.23	−0.092%	$7K	$214K	10x	as long as short
Phoenix QCOM	+0.0410%	1h	195.08	−0.169%	$97K	$259K	10x	as long as short
edgeX QCOMUSDC	+0.0835%	4h	195.07	−0.175%	$81K	$266K	10x	as long as short