Funding you earn now, next payment 05:00 UTC−0.1570%/8h= −171.9% APRpaid last 24h −0.035%
Price spread now: edgeX against tradeXYZ+0.160%66s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days−0.456%−$46 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.160%, 7d avg +0.019%
=Together, before fees−0.599%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.141% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.019%): +$14 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.456% in total) that is about 2.2 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.456% in total (about -23.8% 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 | 193.97 | 0.0669 | pay 0.0084% / 1h | 38m 23s | $7.5M | $2.5M | 10x |
| Short | edgeX QCOMUSDC | 194.28 | −0.0901 | pay 0.0450% / 4h | 3h 38m | $80K | $272K | 10x |
tradeXYZ xyz:QCOM
edgeX QCOMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$329.66
- Price spread: +0.160% → +0.019%
- $14.09
- Slippage, 4 orders
- −$26.77
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$369.34
- Costs to cover
- 0.538%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; edgeX: live order book, 14 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, 10 min ago | 1.80 bp | 11.3 bp −$11 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 14 min ago | 7.45 bp | 12.5 bp −$12 | 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 QCOMUSDCshort | −0.0901% | 4h | 194.28 | +0.160% | $80K | $272K | 10x | |
| Aster QCOMUSDT | 0.0000% | 8h | 193.96 | −0.008% | $17K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 193.79 | −0.093% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 193.84 | −0.067% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 193.84 | −0.067% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 193.94 | −0.015% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 194.24 | +0.137% | $308K | $85K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 194.42 | +0.232% | $6K | $188K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 193.63 | −0.175% | $866 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.34 | +0.191% | $10K | $10K | 20x | as long as short |
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-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QCOMUSDT | 0.0000% | 8h | 193.81 | −0.082% | $1.6M | $1.0M | 10x | as long as short |
| QFEX QCOM-USD | +0.0029% | 1h | 193.76 | −0.108% | $1.2M | $3.2M | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 193.87 | −0.052% | — | — | 10x | as long as short |
| Binance QCOMUSDT | +0.0058% | 8h | 193.86 | −0.059% | $11.0M | $23.0M | 20x | as long as short |
| BloFin QCOM-USDT | +0.0060% | 8h | 193.95 | −0.010% | $128K | $54K | 20x | as long as short |
| Extended QCOM-USD | +0.0064% | 1h | 193.81 | −0.081% | $101K | $424K | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 193.83 | −0.072% | $316K | $525K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0139% | 1h | 193.86 | −0.057% | $82K | $893K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.75 | +10.713% | $26K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0450% | 1h | 194.74 | +0.397% | $97K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0669% | 1h | 193.97 | long leg | $7.5M | $2.5M | 10x |
Phemex QCOMUSDT
QFEX QCOM-USD
Lighter QCOM
Binance QCOMUSDT
BloFin QCOM-USDT
Extended QCOM-USD
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
Phoenix QCOM