Funding you earn now, next payment 21:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against QFEX−0.022%7-day average −0.030% · 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−$45as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 3 days (all we have)+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)−0.185%−$19 · spread now −0.022%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 322.97 | 0.0035 | pay 0.0004% / 1h | 8m 58s | $1.1M | $4.6M | 10x |
| Short | Coinbase International ARM-PERP-INTX | 322.90 | 0.0024 | get 0.0003% / 1h | 8m 58s | $91K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against QFEX. 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
- −$2.3
- Price spread: −0.022% → −0.030%
- $0.82
- Slippage, 4 orders
- −$26.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$47.65
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Coinbase International: live order book, 14 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 QFEX live order book, 4 min ago | 1.24 bp | 9.3 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 14 min ago | 8.52 bp | 14.2 bp −$14 | 22.2 bp −$222 | 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 | 322.87 | −0.031% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.00 | +0.009% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.03 | +0.019% | $8.5M | $51.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.95 | −0.006% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.04 | +0.022% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.06 | +0.028% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.31 | +0.105% | $276K | $460K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.57 | −0.124% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.89 | −0.025% | $18K | $16K | 20x | as long as short |
| Gate ARM_USDT | +0.0010% | 8h | 323.18 | +0.065% | $1.5M | $4.0M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | +0.0010% | 8h | 323.28 | +0.096% | $122K | $44K | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0023% | 8h | 323.31 | +0.104% | $837 | $214K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0024% | 1h | 322.90 | −0.022% | $91K | $278K | 10x | |
| Lighter ARM | +0.0032% | 1h | 322.63 | −0.105% | — | — | 10x | as long as short |
| QFEX ARM-USDlong | +0.0035% | 1h | 322.97 | long leg | $1.1M | $4.6M | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.09 | +0.037% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.92 | −0.015% | $374K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.83 | −0.043% | $210K | $549K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0056% | 1h | 322.86 | −0.034% | $7.6M | $9.9M | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 323.45 | +0.149% | $2.3M | $118K | 20x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 323.15 | +0.056% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.29 | +1.028% | $5K | $52K | 12x | as long as short |
| edgeX ARMUSDC | +0.0291% | 4h | 323.30 | +0.103% | $34K | $346K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0865% | 1h | 323.10 | +0.040% | $12K | $145K | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Gate ARM_USDT
BloFin ARM-USDT
GRVT ARM_USDT_Perp
Lighter ARM
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL