Funding arb · Price arb /

QCOM

RWAall QCOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.042%

Price spread now: tradeXYZ against Variational Omni−0.144%7-day average −0.027% · you buy dearer than you sell

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.086%+$9 on $10k

Price spread, last 3 days (all we have)+0.105%+$10 · spread now −0.144%, 7d avg −0.027%

Together, before fees+0.190%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.117% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of −0.027%). If the spread goes back, that is −$12 on $10k: about 3.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni QCOM	195.91	0.0257	pay 0.0257% / 8h	7h 23m	$322K	$74K	—
Short	tradeXYZ xyz:QCOM	195.63	0.0386	get 0.0048% / 1h	23m 01s	$7.2M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 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 Variational OmnibpFee tradeXYZbpOrdersPrice spread, now −0.144%Rate

Funding earned: $27.21
Price spread: −0.144% → −0.027%: −$11.71
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$2.5
Costs to cover: 0.180%
Break-even: 7.6 days

Slippage unknown: Variational Omni: RFQ quote, 51 min ago; tradeXYZ: live order book, 5 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, 51 min ago	2.66 bp	doesn't fit	36.9 bp −$369	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.51 bp	17.1 bp −$17	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
Aster QCOMUSDT	0.0000%	8h	195.56	−0.179%	$18K	$11K	20x	as long as short
OKX QCOM-USDT-SWAP	0.0000%	8h	195.70	−0.109%	$1.8M	$3.6M	20x	as long as short
Gate QCOM_USDT	0.0000%	8h	195.72	−0.098%	$4.5M	$3.2M	50x	as long as short
Bitget QCOMUSDT	0.0000%	8h	195.81	−0.052%	$1.3M	$1.1M	20x	as long as short
GRVT QCOM_USDT_Perp	0.0000%	8h	195.92	+0.002%	$6K	$197K	10x	as long as short
SunX QCOM-USDT	0.0000%	8h	195.71	−0.103%	$910	$4.7M	10x	as long as short
HTX QCOM-USDT	0.0000%	8h	196.12	+0.106%	$10K	$10K	20x	as long as short
Phemex QCOMUSDT	0.0000%	8h	195.70	−0.109%	$1.6M	$962K	10x	as long as short
edgeX QCOMUSDC	+0.0030%	4h	195.87	−0.023%	$82K	$268K	10x	as long as short
Lighter QCOM	+0.0032%	1h	195.56	−0.180%	—	—	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	+0.0040%	1h	195.56	−0.180%	$1.2M	$2.9M	10x	as long as short
Bybit QCOMUSDT	+0.0048%	8h	195.75	−0.083%	$2.0M	$1.7M	25x	as long as short
Polymarket Perps QCOM-USD	+0.0056%	1h	195.65	−0.134%	$85K	$887K	10x	as long as short
KuCoin QCOMUSDTM	+0.0100%	8h	195.56	−0.180%	$318K	$516K	20x	as long as short
Injective QCOM/USDC PERP	+0.0220%	1h	215.06	+9.773%	$26K	$25K	12x	as long as short
Variational Omni QCOMlong	+0.0257%	8h	195.91	long leg	$322K	$74K	—
Binance QCOMUSDT	+0.0287%	8h	195.70	−0.109%	$10.9M	$22.7M	20x	as long as short
Extended QCOM-USD	+0.0288%	1h	195.64	−0.138%	$107K	$402K	10x	as long as short
BloFin QCOM-USDT	+0.0306%	8h	195.65	−0.134%	$128K	$54K	20x	as long as short
Phoenix QCOM	+0.0327%	1h	196.03	+0.060%	$98K	$249K	10x	as long as short
tradeXYZ xyz:QCOMshort	+0.0386%	1h	195.63	−0.144%	$7.2M	$2.2M	10x