Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARM-USD325.730.0144pay 0.0018% / 1h43m 14s$39K$188K10x
ShortQFEX ARM-USD325.900.0033get 0.0004% / 1h43m 14s$1.1M$4.7M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 33 min ago3.70 bp15.6 bp −$16120.9 bp −$1,209doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.23 bp7.7 bp −$812.2 bp −$122doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ARM-USDT−0.0025%8h325.60−0.041%$123K$45K20xas long as short
Aster ARMUSDT0.0000%8h325.35−0.117%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h325.81+0.023%$2.0M$2.5M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h325.87+0.042%$1.7M$6.8M20xas long as short
Bitget ARMUSDT0.0000%8h325.73−0.001%$1.8M$4.2M20xas long as short
SunX ARM-USDT0.0000%8h325.06−0.207%$1K$3.2M10xas long as short
HTX ARM-USDT0.0000%8h325.57−0.051%$18K$17K20xas long as short
Coinbase International ARM-PERP-INTX+0.0016%1h325.14−0.183%$88K$287K10xas long as short
Variational Omni ARM+0.0022%8h325.49−0.074%$213K$523Kas long as short
Lighter ARM+0.0032%1h325.63−0.032%10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ARM-USDshort+0.0033%1h325.90+0.051%$1.1M$4.7M10x
Vest ARM-USD-PERP+0.0046%1h325.98+0.075%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h325.72−0.004%$8.0M$9.7M10xas long as short
Polymarket Perps ARM-USD+0.0050%1h325.70−0.011%$465K$1.7M10xas long as short
Ondo Perps ARM-USD.P+0.0050%1h324.87−0.265%$208K$552K10xas long as short
Gate ARM_USDT+0.0055%8h325.98+0.075%$1.5M$4.1M50xas long as short
Binance ARMUSDT+0.0143%8h325.77+0.011%$8.6M$51.0M20xas long as short
Extended ARM-USDlong+0.0144%1h325.73long leg$39K$188K10x
Injective ARM/USDC PERP+0.0220%1h328.17+0.748%$5K$52K12xas long as short
GRVT ARM_USDT_Perp+0.0222%8h325.44−0.090%$635$203K10xas long as short
Deribit ARM_USDC-PERPETUAL+0.0241%1h325.80+0.020%$12K$145K10xas long as short
Phoenix ARM+0.0271%1h325.51−0.069%$5K$460K10xas long as short
edgeX ARMUSDC+0.0447%4h325.42−0.095%$35K$351K10xas long as short
KuCoin ARMUSDTM+0.0502%8h325.84+0.032%$2.3M$119K20xas long as short