Funding you earn now, next payment 04:00 UTC−0.0490%/8h= −53.7% APRnext payment −$0.61 per $10,000 · paid last 24h −0.049%
Price spread now: Extended against tradeXYZ−0.119%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.119%, 7d avg +0.002%
=Together, before fees−0.081%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Extended is 0.121% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.61 per $10,000. 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 | 0.0562 | pay 0.0070% / 1h | 8m 24s | $7.5M | $2.4M | 10x |
| Short | Extended QCOM-USD | 195.70 | 0.0072 | get 0.0009% / 1h | 8m 24s | $103K | $421K | 10x |
tradeXYZ xyz:QCOM
Extended QCOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$102.97
- Price spread: −0.119% → +0.002%
- −$12.1
- Slippage, 4 orders
- −$48.1
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$186.18
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 49 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, 9 min ago | 1.02 bp | 15.6 bp −$16 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Extended live order book, 49 min ago | 4.08 bp | 19.8 bp −$20 | 173.2 bp −$1,732 | 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 | 195.69 | −0.124% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.61 | −0.163% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.74 | −0.097% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.78 | −0.077% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.81 | −0.061% | $1.3M | $1.1M | 20x | as long as short |
| Variational Omni QCOM | 0.0000% | 8h | 195.63 | −0.151% | $318K | $78K | — | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.73 | −0.102% | $6K | $189K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.59 | −0.174% | $726 | $4.5M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.69 | −0.122% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.74 | −0.097% | $1.6M | $991K | 10x | 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-USDT
Phemex QCOMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QCOM | +0.0032% | 1h | 195.51 | −0.214% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0032% | 1h | 195.72 | −0.107% | $1.2M | $3.3M | 10x | as long as short |
| BloFin QCOM-USDT | +0.0059% | 8h | 195.75 | −0.092% | $129K | $54K | 20x | as long as short |
| Binance QCOMUSDT | +0.0072% | 8h | 195.76 | −0.085% | $11.1M | $22.8M | 20x | as long as short |
| Extended QCOM-USDshort | +0.0072% | 1h | 195.70 | −0.119% | $103K | $421K | 10x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.60 | −0.168% | $320K | $514K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0134% | 1h | 195.78 | −0.077% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.12 | +9.794% | $26K | $25K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0344% | 4h | 195.63 | −0.153% | $81K | $271K | 10x | as long as short |
| Phoenix QCOM | +0.0448% | 1h | 195.78 | −0.077% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0562% | 1h | 195.93 | long leg | $7.5M | $2.4M | 10x |
Lighter QCOM
QFEX QCOM-USD
BloFin QCOM-USDT
Binance QCOMUSDT
KuCoin QCOMUSDTM
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
edgeX QCOMUSDC
Phoenix QCOM