Funding you earn now, next payment 05:00 UTC+0.0586%/8h= +64.2% APRpaid last 24h −0.034%
Price spread now: QFEX against Bitget−0.081%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 4 days (all we have)−0.071%−$7 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.081%, 7d avg −0.055%
=Funding pays, the price is against you. QFEX is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.055%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 4 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.071% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARMUSDT | 321.50 | −0.0575 | get 0.0575% / 8h | 2h 57m | $1.8M | $3.9M | 20x |
| Short | QFEX ARM-USD | 321.24 | 0.0011 | get 0.0001% / 1h | 57m 15s | $1.1M | $3.6M | 10x |
Bitget ARMUSDT
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $123.14
- Price spread: −0.081% → −0.055%
- −$2.59
- Slippage, 4 orders
- −$26.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $72.54
- Costs to cover
- 0.480%
- Break-even
- 2.9 days
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 5.60 bp | 14.8 bp −$15 | 29.8 bp −$298 | 103.6 bp −$10.4K | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.56 bp | 8.1 bp −$8 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTlong | −0.0575% | 8h | 321.50 | long leg | $1.8M | $3.9M | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 321.45 | −0.014% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.58 | +0.024% | $35K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.66 | +0.050% | $8.3M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.39 | −0.034% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.62 | +0.037% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.68 | +0.056% | $1.4M | $4.3M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.30 | −0.372% | $191K | $299K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.55 | −0.294% | $349 | $216K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.36 | −0.044% | $864 | $2.6M | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.47 | −0.320% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0011% | 1h | 321.24 | −0.081% | $1.1M | $3.6M | 10x | |
| BloFin ARM-USDT | +0.0016% | 8h | 321.29 | −0.065% | $122K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.28 | −0.068% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.39 | −0.034% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.48 | −0.006% | $372K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.28 | −0.068% | $187K | $417K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.53 | +0.009% | $2.3M | $119K | 20x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 320.54 | −0.299% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.20 | −0.093% | $99K | $309K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.06 | +0.796% | $5K | $50K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0256% | 1h | 321.58 | +0.025% | $8.0M | $8.6M | 10x | as long as short |
| edgeX ARMUSDC | +0.0629% | 4h | 320.36 | −0.355% | $34K | $351K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0684% | 1h | 321.64 | +0.044% | $12K | $59K | 10x | as long as short |
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL