Funding you earn now, next payment 03:00 UTC−0.0523%/8h= −57.3% APRnext payment −$0.65 per $10,000 · paid last 24h −0.096%
Price spread now: QFEX against tradeXYZ−0.066%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 4 days (all we have)−0.156%−$16 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.066%, 7d avg +0.014%
=Together, before fees−0.058%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and QFEX is 0.080% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.156% in total (about -16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.65 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 | 196.03 | 0.0585 | pay 0.0073% / 1h | 24m 18s | $7.4M | $2.4M | 10x |
| Short | QFEX QCOM-USD | 195.90 | 0.0062 | get 0.0008% / 1h | 24m 18s | $1.2M | $3.3M | 10x |
tradeXYZ xyz:QCOM
QFEX QCOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$109.84
- Price spread: −0.066% → +0.014%
- −$8.02
- Slippage, 4 orders
- −$11.41
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$157.27
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; QFEX: live order book, 4 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, 3 min ago | 0.25 bp | 9.9 bp −$10 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.30 bp | 7.3 bp −$7 | 11.3 bp −$113 | 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 | 195.90 | −0.064% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 195.81 | −0.112% | $2.5M | $1.8M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 195.88 | −0.077% | $1.8M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.93 | −0.051% | $4.4M | $3.3M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 195.93 | −0.051% | $1.3M | $1.1M | 20x | as long as short |
| GRVT QCOM_USDT_Perp | 0.0000% | 8h | 195.90 | −0.067% | $6K | $191K | 10x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.69 | −0.173% | $955 | $4.6M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 195.99 | −0.020% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDT | 0.0000% | 8h | 195.90 | −0.066% | $1.6M | $998K | 10x | as long as short |
| Lighter QCOM | +0.0032% | 1h | 195.68 | −0.179% | — | — | 10x | as long as short |
Aster QCOMUSDT
Bybit 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-USDshort | +0.0062% | 1h | 195.90 | −0.066% | $1.2M | $3.3M | 10x | |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.73 | −0.153% | $320K | $544K | 20x | as long as short |
| Variational Omni QCOM | +0.0103% | 8h | 195.88 | −0.077% | $322K | $75K | — | as long as short |
| Extended QCOM-USD | +0.0152% | 1h | 195.85 | −0.094% | $107K | $412K | 10x | as long as short |
| Binance QCOMUSDT | +0.0155% | 8h | 195.90 | −0.067% | $11.1M | $23.4M | 20x | as long as short |
| BloFin QCOM-USDT | +0.0172% | 8h | 195.89 | −0.071% | $129K | $55K | 20x | as long as short |
| Polymarket Perps QCOM-USD | +0.0214% | 1h | 195.97 | −0.031% | $83K | $894K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.37 | +9.866% | $26K | $25K | 12x | as long as short |
| edgeX QCOMUSDC | +0.0371% | 4h | 195.83 | −0.101% | $81K | $270K | 10x | as long as short |
| Phoenix QCOM | +0.0449% | 1h | 196.01 | −0.010% | $98K | $239K | 10x | as long as short |
| tradeXYZ xyz:QCOMlong | +0.0585% | 1h | 196.03 | long leg | $7.4M | $2.4M | 10x |
KuCoin QCOMUSDTM
Variational Omni QCOM
Extended QCOM-USD
Binance QCOMUSDT
BloFin QCOM-USDT
Polymarket Perps QCOM-USD
Injective QCOM/USDC PERP
edgeX QCOMUSDC
Phoenix QCOM