Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h +0.050%
Price spread now: GRVT against QFEX−0.419%57s7-day average +0.033% · 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—prices read too far apart to compare
costs, in and out, $10k−$520.523% of the position
Funding, last 4 days (all we have)+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.419%, 7d avg +0.033%
=Together, before fees+0.512%+ Points / potential airdropGRVT: Active · farm board+$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GRVT is 0.452% cheaper against QFEX than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.099%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 320.99 | 0.0011 | pay 0.0001% / 1h | 12m 08s | $1.1M | $3.5M | 10x |
| Short | GRVT ARM_USDT_Perp | 319.65 | 0 | get 0.0000% / 8h | 2h 12m | $655 | $221K | 10x |
QFEX ARM-USD
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$2.39
- Price spread: −0.419% → +0.033%
- −$45.18
- Slippage, 4 orders
- −$33.33
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$99.9
- Costs to cover
- 0.523%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; GRVT: live order book, 35 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, 6 min ago | 2.03 bp | 7.9 bp −$8 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 35 min ago | 2.64 bp | 13.3 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0936% | 8h | 321.09 | +0.031% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0580% | 4h | 319.75 | −0.385% | $34K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0028% | 8h | 320.44 | −0.171% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.72 | −0.085% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.80 | −0.059% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.07 | +0.026% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.12 | +0.040% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.93 | −0.019% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.96 | −0.009% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.57 | −0.442% | $184K | $294K | — | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perpshort | 0.0000% | 8h | 319.65 | −0.419% | $655 | $221K | 10x | |
| SunX ARM-USDT | 0.0000% | 8h | 320.66 | −0.103% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.53 | −0.455% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0011% | 1h | 320.99 | long leg | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 320.83 | −0.050% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.77 | −0.069% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.78 | −0.065% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.43 | −0.486% | $185K | $422K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.82 | −0.053% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0139% | 1h | 320.82 | −0.053% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.94 | −0.016% | $99K | $303K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.85 | −0.355% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.660% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0467% | 1h | 321.15 | +0.050% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL