Funding you earn now, next payment 02:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h −0.109%
Price spread now: QFEX against Deribit−0.040%7-day average −0.011% · 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−$48as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 3 days (all we have)−0.134%−$13 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.040%, 7d avg −0.011%
=Funding pays, the price is against you. QFEX is 0.029% cheaper against Deribit than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.011%). If the spread goes back, that is −$3 on $10k: about 6.3 days of funding at the current rate ($0 a day). Mind the row above: over the last 3 days funding on this pair cost −0.134%, 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 | Deribit ARM_USDC-PERPETUAL | 328.39 | 0 | get 0.0000% / 1h | 19m 53s | $12K | $125K | 10x |
| Short | QFEX ARM-USD | 328.26 | 0.0015 | get 0.0002% / 1h | 19m 53s | $1.1M | $4.4M | 10x |
Deribit ARM_USDC-PERPETUAL
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Deribit. 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
- $3.19
- Price spread: −0.040% → −0.011%
- −$2.88
- Slippage, 4 orders
- −$27.89
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$44.58
- Costs to cover
- 0.449%
- Break-even
- 104.8 days
Slippage from Deribit: live order book, 48 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 Deribit live order book, 48 min ago | 5.14 bp | 8.9 bp −$9 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.52 bp | 8.0 bp −$8 | 14.0 bp −$140 | doesn't fit | doesn't fit |
ARM on 23 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 | −0.0828% | 4h | 328.74 | +0.106% | $35K | $345K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.100% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.42 | +0.010% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.39 | 0.000% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.50 | +0.033% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.80 | +0.124% | $279 | $185K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | −0.009% | $1K | $2.8M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | 0.0000% | 1h | 328.39 | long leg | $12K | $125K | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 328.73 | +0.104% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0015% | 1h | 328.26 | −0.040% | $1.1M | $4.4M | 10x |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 328.35 | −0.012% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.59 | +0.061% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.39 | 0.000% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.43 | +0.012% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.48 | +0.027% | $204K | $405K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.81 | +0.128% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0132% | 8h | 328.41 | +0.007% | $213K | $332K | — | as long as short |
| Gate ARM_USDT | +0.0162% | 8h | 328.70 | +0.094% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +0.971% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0253% | 8h | 328.34 | −0.016% | $8.6M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0256% | 1h | 328.23 | −0.048% | $36K | $278K | 10x | as long as short |
| Bitget ARMUSDT | +0.0508% | 8h | 328.32 | −0.021% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0781% | 8h | 328.59 | +0.061% | $2.4M | $120K | 20x | as long as short |
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM