Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.051%
Price spread now: QFEX against Bybit−0.083%7-day average −0.064% · 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−$52as in the Price arb table
costs, in and out, $10k−$500.502% of the position
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.083%, 7d avg −0.064%
=The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 324.54 | 0 | get 0.0000% / 8h | 1h 25m | $2.0M | $2.6M | 25x |
| Short | QFEX ARM-USD | 324.27 | 0.0043 | get 0.0005% / 1h | 25m 26s | $1.1M | $4.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- $9.04
- Price spread: −0.083% → −0.064%
- −$1.9
- Slippage, 4 orders
- −$29.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$43.04
- Costs to cover
- 0.502%
- Break-even
- 40.3 days
Slippage from Bybit: live order book, 2 min ago; QFEX: live order book, 3 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 Bybit live order book, 2 min ago | 3.85 bp | 16.3 bp −$16 | 65.7 bp −$657 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.23 bp | 9.8 bp −$10 | 14.9 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 324.33 | −0.064% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 324.54 | long leg | $2.0M | $2.6M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.30 | −0.074% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.42 | −0.037% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.01 | −0.162% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.36 | −0.055% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.15 | −0.120% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0027% | 8h | 324.84 | +0.092% | $123K | $44K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.30 | −0.074% | — | — | 10x | as long as short |
| QFEX ARM-USDshort | +0.0043% | 1h | 324.27 | −0.083% | $1.1M | $4.7M | 10x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.36 | −0.055% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.41 | −0.040% | $366K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.54 | 0.000% | $215K | $555K | 10x | as long as short |
| Extended ARM-USD | +0.0064% | 1h | 324.29 | −0.077% | $39K | $188K | 10x | as long as short |
| Gate ARM_USDT | +0.0065% | 8h | 324.47 | −0.022% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0071% | 8h | 324.35 | −0.059% | $8.6M | $51.2M | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.388% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0181% | 8h | 324.32 | −0.069% | $383 | $211K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 324.30 | −0.074% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +0.721% | $5K | $52K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0243% | 1h | 324.56 | +0.006% | $12K | $145K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0260% | 1h | 324.59 | +0.015% | $7.9M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0347% | 8h | 324.24 | −0.092% | $2.3M | $117K | 20x | as long as short |
| edgeX ARMUSDC | +0.0972% | 4h | 324.46 | −0.026% | $34K | $347K | 10x | as long as short |
Bybit ARMUSDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Extended ARM-USD
Gate ARM_USDT
Binance ARMUSDT
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
edgeX ARMUSDC