Funding you earn now, next payment 05:00 UTC−0.0206%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Injective−2.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 2.083% cheaper against Injective than usual: you would sell low and buy high (−$208 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARM/USDC PERP | 330.24 | 0.0220 | pay 0.0028% / 1h | 50m 11s | $5K | $50K | 12x |
| Short | QFEX ARM-USD | 323.36 | 0.0014 | get 0.0002% / 1h | 50m 11s | $1.1M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- −$43.23
- Price spread: −2.083% → 0.000%
- −$208.33
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$261.58
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 1.23 bp | 7.7 bp −$8 | 12.6 bp −$126 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0029% | 8h | 324.45 | −1.753% | $126K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.34 | −2.091% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.31 | −2.099% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.45 | −2.057% | $8.5M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.39 | −2.074% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.60 | −2.011% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.75 | −1.965% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.13 | −1.849% | $211K | $295K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 324.88 | −1.624% | $575 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.60 | −2.011% | $1K | $2.7M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 323.34 | −2.089% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.39 | −2.074% | $18K | $16K | 20x | as long as short |
| Gate ARM_USDT | +0.0012% | 8h | 323.63 | −2.002% | $1.5M | $4.3M | 50x | as long as short |
| QFEX ARM-USDshort | +0.0014% | 1h | 323.36 | −2.083% | $1.1M | $3.8M | 10x | |
| Lighter ARM | +0.0032% | 1h | 323.23 | −2.123% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.71 | −1.977% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.29 | −2.105% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.30 | −2.102% | $374K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.10 | −2.162% | $190K | $412K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 325.11 | −1.553% | $5K | $446K | 10x | as long as short |
| edgeX ARMUSDC | +0.0123% | 4h | 324.88 | −1.622% | $34K | $349K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | −1.756% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 330.24 | long leg | $5K | $50K | 12x | |
| KuCoin ARMUSDTM | +0.0239% | 8h | 323.46 | −2.053% | $2.3M | $118K | 20x | as long as short |
Injective ARM/USDC PERP
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Gate ARM_USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM