QCOM Funding Rate — Qualcomm perpetuals across 9 venues
TradFi perpetual · compared across 9 venues · net of estimated fees · updated every few minutesQCOM is an equity-linked perpetual referencing Qualcomm, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized QCOM perpetual funding across all 9 venues Perpia tracks. Right now QCOM funding is positive on 2 and negative on 0, ranging from +5.5% on Hyperliquid to +0.0% on KuCoin — a spread of 5.5%. The widest delta-neutral trade is long Variational / short Hyperliquid at 1.9% net APR.
QCOM funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
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Build a route
any two of the 9 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 9 venuesRates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Hyperliquid page. 12 pairs scanned for QCOM.
QCOM arbitrage — 30-day backtest
long Variational · short HyperliquidOver the last 30 days, holding long Variational / short Hyperliquid would have produced 8.1% APR — versus the 1.9% the live spread implies right now (equity $10,000 → $10,067). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.
Open full interactive backtest →QCOM — FAQ
Is QCOM funding positive right now?
QCOM perpetual funding is positive on 2 of 9 venues Perpia tracks. The highest is +5.5% on Hyperliquid; the lowest is +0.0% on KuCoin.
What is the best QCOM funding arbitrage right now?
Go long Variational and short Hyperliquid for about 1.9% net APR after fees — the widest delta-neutral QCOM spread Perpia currently sees.
Which exchange has the highest QCOM funding rate?
Hyperliquid, at +5.5% annualized. Funding shifts continuously, so check the live table above before trading.
How QCOM funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to QCOM
also quoted on both Hyperliquid and VariationalThe same two exchanges you would already have funded for the QCOM trade. Every spread between them is on the Hyperliquid vs Variational page.