Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.047%

Price spread now: Injective against SunX+10.335%61s7-day average — · you sell dearer than you buy

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

Long on SunX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 10.335% dearer against SunX than usual: you sell high and buy low: +$1,034 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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	SunX QCOM-USDT	195.16	0	get 0.0000% / 8h	6h 41m	$812	$4.7M	10x
Short	Injective QCOM/USDC PERP	215.33	0.0220	get 0.0028% / 1h	41m 28s	$26K	$25K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against SunX. 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 SunXbpFee InjectivebpOrdersPrice spread, now +10.335%Rate

Funding earned: $46.2
Price spread: +10.335% → 0.000%: $1,033.51
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,071.69
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 7 min ago; Injective: no order-book sample. 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 SunX live order book, 7 min ago	504.13 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	195.36	+0.100%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.24	+0.041%	$2.0M	$1.6M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.28	+0.061%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.29	+0.067%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.33	+0.087%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.58	+0.214%	$6K	$194K	10x	as long as short
SunX QCOM-USDTlong	0.0000%	8h	195.16	long leg	$812	$4.7M	10x
HTX QCOM-USDT	0.0000%	8h	195.67	+0.261%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.25	+0.046%	$1.6M	$961K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.25	+0.046%	—	—	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-USD	+0.0043%	1h	195.16	0.000%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.25	+0.046%	$85K	$884K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.28	+0.061%	$319K	$524K	20x	as long as short
Variational Omni QCOM	+0.0182%	8h	195.63	+0.241%	$321K	$74K	—	as long as short
Injective QCOM/USDC PERPshort	+0.0220%	1h	215.33	+10.335%	$26K	$25K	12x
Binance QCOMUSDT	+0.0221%	8h	195.24	+0.041%	$10.8M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0224%	1h	195.19	+0.016%	$105K	$404K	10x	as long as short
BloFin QCOM-USDT	+0.0255%	8h	195.88	+0.369%	$128K	$55K	20x	as long as short
Phoenix QCOM	+0.0326%	1h	195.55	+0.200%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOM	+0.0485%	1h	195.36	+0.102%	$7.2M	$2.2M	10x	as long as short
edgeX QCOMUSDC	+0.0882%	4h	195.34	+0.093%	$81K	$268K	10x	as long as short