Funding you earn now, next payment 05:00 UTC+0.0639%/8h= +70.0% APRnext payment +$0.80 per $10,000 · paid last 24h +0.102%
Price spread now: tradeXYZ against QFEX+0.072%7-day average −0.013% · 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−$35as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 4 days (all we have)+0.170%+$17 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.072%, 7d avg −0.013%
=Together, before fees+0.038%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and tradeXYZ is 0.085% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.013%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.170% in total (about 17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX QCOM-USD | 193.83 | 0.0029 | pay 0.0004% / 1h | 38m 59s | $1.2M | $3.2M | 10x |
| Short | tradeXYZ xyz:QCOM | 193.97 | 0.0668 | get 0.0083% / 1h | 38m 59s | $7.5M | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. 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
- $134.28
- Price spread: +0.072% → −0.013%
- $8.54
- Slippage, 4 orders
- −$15.47
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $99.34
- Costs to cover
- 0.435%
- Break-even
- 1.8 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: 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, 4 min ago | 2.06 bp | 7.1 bp −$7 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.80 bp | 17.5 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX QCOMUSDC | −0.0901% | 4h | 194.28 | +0.232% | $80K | $272K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 193.94 | +0.057% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.78 | −0.026% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.80 | −0.015% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.84 | +0.005% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 193.82 | −0.005% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 194.24 | +0.209% | $308K | $85K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 194.42 | +0.304% | $6K | $188K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.63 | −0.103% | $866 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.34 | +0.263% | $10K | $10K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 193.81 | −0.010% | $1.6M | $1.0M | 10x | as long as short |
| QFEX QCOM-USDlong | +0.0029% | 1h | 193.83 | long leg | $1.2M | $3.2M | 10x | |
| Lighter QCOM | +0.0032% | 1h | 193.87 | +0.021% | — | — | 10x | as long as short |
| BloFin QCOM-USDT | +0.0060% | 8h | 193.95 | +0.062% | $128K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0061% | 8h | 193.83 | 0.000% | $11.0M | $23.0M | 20x | as long as short |
| Extended QCOM-USD | +0.0064% | 1h | 193.78 | −0.028% | $101K | $424K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.79 | −0.021% | $316K | $524K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0140% | 1h | 193.95 | +0.062% | $82K | $893K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.75 | +10.793% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 194.74 | +0.469% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMshort | +0.0668% | 1h | 193.97 | +0.072% | $7.5M | $2.5M | 10x |
tradeXYZ xyz:QCOM
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
Variational Omni QCOM
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOM
BloFin QCOM-USDT
Binance QCOMUSDT
Extended QCOM-USD
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM