Funding you earn now, next payment 02:00 UTC−0.0459%/8h= −50.3% APRpaid last 24h −0.083%
Price spread now: Bybit against tradeXYZ−0.066%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now −0.066%, 7d avg +0.033%
=Together, before fees−0.173%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.099% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -12.9% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:QCOM | 195.93 | 0.0459 | pay 0.0057% / 1h | 56m 20s | $7.2M | $2.2M | 10x |
| Short | Bybit QCOMUSDT | 195.80 | 0 | get 0.0000% / 8h | 6h 56m | $2.0M | $1.7M | 25x |
tradeXYZ xyz:QCOM
Bybit QCOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$96.43
- Price spread: −0.066% → +0.033%
- −$9.93
- Slippage, 4 orders
- −$69.93
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$205.29
- Costs to cover
- 0.989%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; Bybit: live order book, 5 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 tradeXYZ live order book, 2 min ago | 1.02 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.36 bp | 39.1 bp −$39 | 127.8 bp −$1,278 | 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 | 195.71 | −0.110% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDTshort | 0.0000% | 8h | 195.80 | −0.066% | $2.0M | $1.7M | 25x | |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.79 | −0.071% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.86 | −0.036% | $4.5M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.86 | −0.036% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.82 | −0.059% | $6K | $196K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.73 | −0.102% | $808 | $4.7M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.74 | −0.097% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.77 | −0.082% | $1.6M | $964K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.71 | −0.112% | — | — | 10x | as long as short |
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
GRVT QCOM_USDT_Perp
SunX QCOM-USDT
HTX QCOM-USDT
Phemex QCOMUSDT
Lighter QCOMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0043% | 1h | 195.74 | −0.097% | $1.2M | $2.8M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 195.81 | −0.061% | $85K | $885K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.71 | −0.112% | $319K | $524K | 20x | as long as short |
| edgeX QCOMUSDC | +0.0149% | 4h | 195.81 | −0.060% | $82K | $267K | 10x | as long as short |
| Variational Omni QCOM | +0.0198% | 8h | 195.75 | −0.089% | $322K | $74K | — | as long as short |
| BloFin QCOM-USDT | +0.0218% | 8h | 195.70 | −0.117% | $127K | $54K | 20x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.901% | $26K | $25K | 12x | as long as short |
| Binance QCOMUSDT | +0.0238% | 8h | 195.80 | −0.065% | $10.8M | $22.8M | 20x | as long as short |
| Extended QCOM-USD | +0.0240% | 1h | 195.75 | −0.091% | $105K | $404K | 10x | as long as short |
| Phoenix QCOM | +0.0327% | 1h | 195.94 | +0.005% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0459% | 1h | 195.93 | long leg | $7.2M | $2.2M | 10x |
QFEX QCOM-USD
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
edgeX QCOMUSDC
Variational Omni QCOM
BloFin QCOM-USDT
Injective QCOM/USDC PERP
Binance QCOMUSDT
Extended QCOM-USD
Phoenix QCOM