Funding you earn now, next payment 05:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h −0.045%
Price spread now: QFEX against Binance+0.050%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 4 days (all we have)−0.092%−$9 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.050%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.121% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 4 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 324.65 | 0 | get 0.0000% / 8h | 3h 52m | $8.5M | $50.2M | 20x |
| Short | QFEX ARM-USD | 324.81 | 0.0014 | get 0.0002% / 1h | 52m 14s | $1.2M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- $2.97
- Price spread: +0.050% → −0.071%
- $12.12
- Slippage, 4 orders
- −$10.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$15.29
- Costs to cover
- 0.304%
- Break-even
- 43.0 days
Slippage from Binance: live order book, 5 min ago; QFEX: live order book, 6 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 Binance live order book, 5 min ago | 0.31 bp | 8.5 bp −$8 | 28.0 bp −$280 | 99.9 bp −$9,988 | doesn't fit |
| Sell QFEX live order book, 6 min ago | 0.92 bp | 5.9 bp −$6 | 10.6 bp −$106 | doesn't fit | doesn't fit |
ARM on 24 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 ARMUSDC | −0.0310% | 4h | 324.99 | +0.104% | $34K | $348K | 10x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 324.83 | +0.056% | $127K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.69 | +0.014% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 324.49 | −0.049% | $41K | $271K | 10x | as long as short |
| Binance ARMUSDTlong | 0.0000% | 8h | 324.65 | long leg | $8.5M | $50.2M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 324.64 | −0.003% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.47 | −0.055% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.75 | +0.031% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 325.71 | +0.326% | $211K | $296K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 326.04 | +0.429% | $544 | $206K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 324.88 | +0.071% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.37 | +0.222% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0014% | 1h | 324.81 | +0.050% | $1.2M | $3.8M | 10x | |
| Gate ARM_USDT | +0.0020% | 8h | 324.86 | +0.065% | $1.5M | $4.3M | 50x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.39 | −0.080% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.98 | +0.102% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 324.74 | +0.028% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.70 | +0.016% | $376K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.66 | +0.004% | $196K | $414K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 325.11 | +0.142% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | −0.064% | $95K | $306K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0181% | 1h | 324.67 | +0.007% | $12K | $59K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.722% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0247% | 8h | 324.75 | +0.031% | $2.3M | $119K | 20x | as long as short |
Binance ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Gate ARM_USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Coinbase International ARM-PERP-INTX
Deribit ARM_USDC-PERPETUAL
Injective ARM/USDC PERP
KuCoin ARMUSDTM