Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0369%/8h= −40.4% APRpaid last 24h −0.101%

Price spread now: SunX against tradeXYZ−0.112%7-day average +0.008% · you buy dearer than you sell

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

Long on tradeXYZ Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.266%−$27 on $10k

Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.112%, 7d avg +0.008%

Together, before fees−0.193%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.120% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:QCOM	196.02	0.0369	pay 0.0046% / 1h	59m 22s	$7.2M	$2.2M	10x
Short	SunX QCOM-USDT	195.80	0	get 0.0000% / 8h	6h 59m	$740	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$77.55
Price spread: −0.112% → +0.008%: −$12.04
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$115.59
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 9 min ago; SunX: live order book, 9 min ago. 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, 9 min ago	1.79 bp	15.0 bp −$15	27.6 bp −$276	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	500.14 bp	doesn't fit	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 QCOMUSDC	−0.0479%	4h	195.93	−0.044%	$82K	$269K	10x	as long as short
Aster QCOMUSDT	0.0000%	8h	195.74	−0.143%	$18K	$11K	20x	as long as short
Bybit QCOMUSDT	0.0000%	8h	195.80	−0.112%	$2.0M	$1.7M	25x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.88	−0.071%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.94	−0.041%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.94	−0.041%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.94	−0.042%	$6K	$196K	10x	as long as short
SunX QCOM-USDTshort	0.0000%	8h	195.80	−0.112%	$740	$4.7M	10x
HTX QCOM-USDT	0.0000%	8h	196.08	+0.031%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.84	−0.092%	$1.6M	$966K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QCOM	+0.0032%	1h	195.84	−0.092%	—	—	10x	as long as short
QFEX QCOM-USD	+0.0040%	1h	195.80	−0.112%	$1.2M	$2.8M	10x	as long as short
Polymarket Perps QCOM-USD	+0.0050%	1h	195.88	−0.071%	$85K	$885K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.76	−0.133%	$319K	$525K	20x	as long as short
Variational Omni QCOM	+0.0209%	8h	195.89	−0.069%	$322K	$74K	—	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.15	+9.759%	$26K	$25K	12x	as long as short
Binance QCOMUSDT	+0.0245%	8h	195.85	−0.087%	$10.8M	$22.8M	20x	as long as short
Extended QCOM-USD	+0.0248%	1h	195.79	−0.115%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0260%	8h	195.97	−0.026%	$128K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	196.00	−0.010%	$98K	$239K	10x	as long as short
tradeXYZ xyz:QCOMlong	+0.0369%	1h	196.02	long leg	$7.2M	$2.2M	10x