Settings8H · net · $10k
Funding arb · Price arb /

QCOM

RWAall QCOM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX QCOM-USD193.830.0029pay 0.0004% / 1h38m 59s$1.2M$3.2M10x
ShorttradeXYZ xyz:QCOM193.970.0668get 0.0083% / 1h38m 59s$7.5M$2.5M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.06 bp7.1 bp −$711.8 bp −$118doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago1.80 bp17.5 bp −$18doesn't fitdoesn't fitdoesn't fit

QCOM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX QCOMUSDC−0.0901%4h194.28+0.232%$80K$272K10xas long as short
Aster QCOMUSDT0.0000%8h193.94+0.057%$17K$11K20xas long as short
Bybit QCOMUSDT0.0000%8h193.78−0.026%$2.5M$1.8M25xas long as short
OKX QCOM-USDT-SWAP0.0000%8h193.80−0.015%$1.7M$3.7M20xas long as short
Gate QCOM_USDT0.0000%8h193.84+0.005%$4.4M$3.2M50xas long as short
Bitget QCOMUSDT0.0000%8h193.82−0.005%$1.3M$1.1M20xas long as short
Variational Omni QCOM0.0000%8h194.24+0.209%$308K$85Kas long as short
GRVT QCOM_USDT_Perp0.0000%8h194.42+0.304%$6K$188K10xas long as short
SunX QCOM-USDT0.0000%8h193.63−0.103%$866$4.5M10xas long as short
HTX QCOM-USDT0.0000%8h194.34+0.263%$10K$10K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QCOMUSDT0.0000%8h193.81−0.010%$1.6M$1.0M10xas long as short
QFEX QCOM-USDlong+0.0029%1h193.83long leg$1.2M$3.2M10x
Lighter QCOM+0.0032%1h193.87+0.021%10xas long as short
BloFin QCOM-USDT+0.0060%8h193.95+0.062%$128K$54K20xas long as short
Binance QCOMUSDT+0.0061%8h193.830.000%$11.0M$23.0M20xas long as short
Extended QCOM-USD+0.0064%1h193.78−0.028%$101K$424K10xas long as short
KuCoin QCOMUSDTM+0.0100%8h193.79−0.021%$316K$524K20xas long as short
Polymarket Perps QCOM-USD+0.0140%1h193.95+0.062%$82K$893K10xas long as short
Injective QCOM/USDC PERP+0.0220%1h214.75+10.793%$26K$25K12xas long as short
Phoenix QCOM+0.0450%1h194.74+0.469%$97K$239K10xas long as short
tradeXYZ xyz:QCOMshort+0.0668%1h193.97+0.072%$7.5M$2.5M10x