Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.60 per $10,000 · paid last 24h −0.032%
Price spread now: Phemex against Variational Omni−0.010%7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.045%−$4 on $10k
+Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.010%, 7d avg +0.037%
=Together, before fees+0.020%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.046% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QCOM | 194.82 | 0.0060 | pay 0.0060% / 8h | 1h 06m | $320K | $77K | — |
| Short | Phemex QCOMUSDT | 194.80 | 0 | get 0.0000% / 8h | 1h 06m | $1.6M | $980K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- −$12.6
- Price spread: −0.010% → +0.037%
- −$4.61
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.21
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; Phemex: live order book, 2 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 Variational Omni RFQ quote, 13 min ago | 2.21 bp | doesn't fit | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 0.51 bp | 29.5 bp −$29 | 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 | −0.0999% | 4h | 194.83 | +0.003% | $81K | $265K | 10x | as long as short |
| Aster QCOMUSDT | 0.0000% | 8h | 194.65 | −0.088% | $18K | $11K | 20x | as long as short |
| Bybit QCOMUSDT | 0.0000% | 8h | 194.81 | −0.004% | $1.9M | $1.9M | 25x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 194.80 | −0.010% | $1.7M | $3.7M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 194.78 | −0.020% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 194.82 | +0.001% | $1.3M | $1.2M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 194.64 | −0.092% | $712 | $5.0M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 194.92 | +0.052% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTshort | 0.0000% | 8h | 194.80 | −0.010% | $1.6M | $980K | 10x | |
| Lighter QCOM | +0.0032% | 1h | 194.62 | −0.102% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX QCOM-USD | +0.0056% | 1h | 194.75 | −0.035% | $1.2M | $2.9M | 10x | as long as short |
| Variational Omni QCOMlong | +0.0060% | 8h | 194.82 | long leg | $320K | $77K | — | |
| Polymarket Perps QCOM-USD | +0.0075% | 1h | 194.80 | −0.010% | $83K | $1.4M | 10x | as long as short |
| KuCoin QCOMUSDTM | +0.0100% | 8h | 194.63 | −0.097% | $317K | $517K | 20x | as long as short |
| Extended QCOM-USD | +0.0128% | 1h | 194.79 | −0.017% | $104K | $268K | 10x | as long as short |
| Binance QCOMUSDT | +0.0132% | 8h | 194.81 | −0.004% | $10.8M | $23.1M | 20x | as long as short |
| BloFin QCOM-USDT | +0.0150% | 8h | 194.75 | −0.035% | $125K | $50K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0197% | 8h | 194.82 | +0.001% | $7K | $222K | 10x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 214.32 | +10.010% | $25K | $25K | 12x | as long as short |
| Phoenix QCOM | +0.0329% | 1h | 194.97 | +0.078% | $97K | $259K | 10x | as long as short |
| tradeXYZ xyz:QCOM | +0.0441% | 1h | 194.82 | +0.001% | $7.1M | $2.3M | 10x | as long as short |
Variational Omni QCOM
Phemex QCOMUSDT
edgeX QCOMUSDC
Aster QCOMUSDT
Bybit QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
Extended QCOM-USD
Binance QCOMUSDT
BloFin QCOM-USDT
GRVT QCOM_USDT_Perp
Injective QCOM/USDC PERP
Phoenix QCOM
tradeXYZ xyz:QCOM