Funding you earn now, next payment 00:00 UTC−0.0111%/8h= −12.2% APRnext payment −$0.14 per $10,000 · paid last 24h −0.032%
Price spread now: QFEX against Extended+0.051%7-day average 0.000% · 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−$40as in the Price arb table
costs, in and out, $10k−$450.455% of the position
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.051%, 7d avg 0.000%
=Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.051% dearer against Extended than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of 0.000%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 3 days (−0.034% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARM-USD | 325.73 | 0.0144 | pay 0.0018% / 1h | 43m 14s | $39K | $188K | 10x |
| Short | QFEX ARM-USD | 325.90 | 0.0033 | get 0.0004% / 1h | 43m 14s | $1.1M | $4.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. 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
- −$23.39
- Price spread: +0.051% → 0.000%
- $5.09
- Slippage, 4 orders
- −$30.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$63.76
- Costs to cover
- 0.455%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; QFEX: live order book, 5 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 Extended live order book, 33 min ago | 3.70 bp | 15.6 bp −$16 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.23 bp | 7.7 bp −$8 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0025% | 8h | 325.60 | −0.041% | $123K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.35 | −0.117% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.81 | +0.023% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.87 | +0.042% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.73 | −0.001% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.06 | −0.207% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.57 | −0.051% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.183% | $88K | $287K | 10x | as long as short |
| Variational Omni ARM | +0.0022% | 8h | 325.49 | −0.074% | $213K | $523K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.63 | −0.032% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USDshort | +0.0033% | 1h | 325.90 | +0.051% | $1.1M | $4.7M | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.98 | +0.075% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.72 | −0.004% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.70 | −0.011% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.265% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0055% | 8h | 325.98 | +0.075% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0143% | 8h | 325.77 | +0.011% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USDlong | +0.0144% | 1h | 325.73 | long leg | $39K | $188K | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.748% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0222% | 8h | 325.44 | −0.090% | $635 | $203K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0241% | 1h | 325.80 | +0.020% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.51 | −0.069% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0447% | 4h | 325.42 | −0.095% | $35K | $351K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0502% | 8h | 325.84 | +0.032% | $2.3M | $119K | 20x | as long as short |
Extended ARM-USD
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Variational Omni ARM
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Binance ARMUSDT
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM