Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0387%/8h= −42.3% APRpaid last 24h −0.101%

Price spread now: Aster against tradeXYZ−0.078%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.078% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:QCOM	195.77	0.0387	pay 0.0048% / 1h	22m 05s	$7.2M	$2.2M	10x
Short	Aster QCOMUSDT	195.62	0	get 0.0000% / 8h	7h 22m	$18K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$81.19
Price spread: −0.078% → 0.000%: −$7.83
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$115.02
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Aster: 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 tradeXYZ live order book, 6 min ago	0.51 bp	9.9 bp −$10	20.4 bp −$204	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 QCOMUSDTshort	0.0000%	8h	195.62	−0.078%	$18K	$11K	20x
OKX QCOM-USDT-SWAP	0.0000%	8h	195.78	+0.005%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.77	0.000%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.81	+0.020%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.92	+0.075%	$6K	$197K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.53	−0.123%	$909	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.12	+0.179%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.74	−0.015%	$1.6M	$962K	10x	as long as short
edgeX QCOMUSDC	+0.0030%	4h	195.87	+0.049%	$82K	$268K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.56	−0.107%	—	—	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	+0.0040%	1h	195.56	−0.107%	$1.2M	$2.9M	10x	as long as short
Bybit QCOMUSDT	+0.0042%	8h	195.83	+0.031%	$2.0M	$1.7M	25x	as long as short
Polymarket Perps QCOM-USD	+0.0058%	1h	195.71	−0.031%	$85K	$887K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.67	−0.051%	$318K	$516K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.06	+9.853%	$26K	$25K	12x	as long as short
Variational Omni QCOM	+0.0257%	8h	195.91	+0.073%	$322K	$74K	—	as long as short
Binance QCOMUSDT	+0.0285%	8h	195.71	−0.028%	$10.9M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0288%	1h	195.68	−0.046%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0306%	8h	195.65	−0.061%	$128K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	196.03	+0.133%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOMlong	+0.0387%	1h	195.77	long leg	$7.2M	$2.2M	10x