Funding you earn now, next payment 02:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Polymarket Perps against QFEX−0.043%7-day average −0.037% · 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−$31as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 3 days (all we have)+0.088%+$9 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.043%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 328.60 | 0.0015 | pay 0.0002% / 1h | 20m 55s | $1.1M | $4.4M | 10x |
| Short | Polymarket Perps ARM-USD | 328.46 | 0.0050 | get 0.0006% / 1h | 20m 55s | $380K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $7.31
- Price spread: −0.043% → −0.037%
- −$0.52
- Slippage, 4 orders
- −$12.28
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.5
- Costs to cover
- 0.303%
- Break-even
- 29.5 days
Slippage from QFEX: live order book, 7 min ago; Polymarket Perps: live order book, 2 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, 7 min ago | 1.83 bp | 6.8 bp −$7 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.80 bp | 7.8 bp −$8 | 8.4 bp −$84 | 13.2 bp −$1,320 | doesn't fit |
ARM on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0828% | 4h | 328.74 | +0.042% | $35K | $345K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.164% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.42 | −0.055% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.51 | −0.027% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.40 | −0.061% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.80 | +0.060% | $279 | $185K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.79 | +0.058% | $977 | $2.8M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 328.48 | −0.037% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.73 | +0.040% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0015% | 1h | 328.60 | long leg | $1.1M | $4.4M | 10x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 328.42 | −0.055% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.94 | +0.103% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.35 | −0.076% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USDshort | +0.0050% | 1h | 328.46 | −0.043% | $380K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.48 | −0.037% | $204K | $405K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.81 | +0.064% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0132% | 8h | 328.41 | −0.057% | $213K | $332K | — | as long as short |
| Gate ARM_USDT | +0.0174% | 8h | 328.72 | +0.037% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +0.907% | $5K | $50K | 12x | as long as short |
| Extended ARM-USD | +0.0256% | 1h | 328.30 | −0.093% | $36K | $274K | 10x | as long as short |
| Binance ARMUSDT | +0.0257% | 8h | 328.41 | −0.057% | $8.6M | $50.4M | 20x | as long as short |
| Bitget ARMUSDT | +0.0515% | 8h | 328.31 | −0.088% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0785% | 8h | 328.58 | −0.006% | $2.4M | $121K | 20x | as long as short |
Polymarket Perps ARM-USD
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Extended ARM-USD
Binance ARMUSDT
Bitget ARMUSDT
KuCoin ARMUSDTM