Funding you earn now, next payment 23:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h −0.040%
Price spread now: QFEX against Polymarket Perps−0.043%7-day average +0.034% · 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−$42as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 3 days (all we have)−0.088%−$9 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.043%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.077% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 324.41 | 0.0050 | pay 0.0006% / 1h | 25m 14s | $366K | $1.5M | 10x |
| Short | QFEX ARM-USD | 324.27 | 0.0043 | get 0.0005% / 1h | 25m 14s | $1.1M | $4.7M | 10x |
Polymarket Perps ARM-USD
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Polymarket Perps. 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
- −$1.46
- Price spread: −0.043% → +0.034%
- −$7.72
- Slippage, 4 orders
- −$16.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$43.53
- Costs to cover
- 0.344%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 1.54 bp | 9.7 bp −$10 | 10.1 bp −$101 | 18.0 bp −$1,798 | 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 | 324.40 | −0.004% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.53 | +0.037% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.39 | −0.006% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.43 | +0.006% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.60 | +0.060% | $277K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.78 | −0.194% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 324.57 | +0.049% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.31 | −0.031% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 324.30 | −0.034% | $123K | $44K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.42 | +0.003% | — | — | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USDshort | +0.0043% | 1h | 324.27 | −0.043% | $1.1M | $4.7M | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.36 | −0.015% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 324.41 | long leg | $366K | $1.5M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.54 | +0.040% | $215K | $555K | 10x | as long as short |
| Gate ARM_USDT | +0.0065% | 8h | 324.69 | +0.086% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0071% | 8h | 324.53 | +0.037% | $8.6M | $51.2M | 20x | as long as short |
| Extended ARM-USD | +0.0072% | 1h | 324.55 | +0.044% | $39K | $188K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | −0.348% | $83K | $289K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0181% | 8h | 324.32 | −0.029% | $383 | $211K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 324.30 | −0.034% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.88 | +0.761% | $5K | $52K | 12x | as long as short |
| tradeXYZ xyz:ARM | +0.0260% | 1h | 324.59 | +0.055% | $7.9M | $10.0M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0349% | 8h | 324.42 | +0.003% | $2.3M | $117K | 20x | as long as short |
| edgeX ARMUSDC | +0.0972% | 4h | 324.46 | +0.014% | $34K | $347K | 10x | as long as short |
Vest ARM-USD-PERP
Ondo Perps ARM-USD.P
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Coinbase International ARM-PERP-INTX
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
edgeX ARMUSDC