Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.194%+$19 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ARM-USD328.600.0015pay 0.0002% / 1h20m 55s$1.1M$4.4M10x
ShortPolymarket Perps ARM-USD328.460.0050get 0.0006% / 1h20m 55s$380K$1.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.83 bp6.8 bp −$713.6 bp −$136doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.80 bp7.8 bp −$88.4 bp −$8413.2 bp −$1,320doesn't fit

ARM on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ARMUSDC−0.0828%4h328.74+0.042%$35K$345K10xas long as short
Coinbase International ARM-PERP-INTX−0.0024%1h328.06−0.164%$99K$287K10xas long as short
Aster ARMUSDT0.0000%8h328.42−0.055%$7K$126K20xas long as short
Bybit ARMUSDT0.0000%8h328.51−0.027%$2.0M$2.2M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h328.40−0.061%$1.7M$6.6M20xas long as short
GRVT ARM_USDT_Perp0.0000%8h328.80+0.060%$279$185K10xas long as short
SunX ARM-USDT0.0000%8h328.79+0.058%$977$2.8M10xas long as short
Deribit ARM_USDC-PERPETUAL0.0000%1h328.48−0.037%$12K$125K10xas long as short
HTX ARM-USDT0.0000%8h328.73+0.040%$18K$16K20xas long as short
QFEX ARM-USDlong+0.0015%1h328.60long leg$1.1M$4.4M10x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARM+0.0032%1h328.42−0.055%10xas long as short
Vest ARM-USD-PERP+0.0046%1h328.94+0.103%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h328.35−0.076%$8.3M$8.8M10xas long as short
Polymarket Perps ARM-USDshort+0.0050%1h328.46−0.043%$380K$1.3M10x
Ondo Perps ARM-USD.P+0.0050%1h328.48−0.037%$204K$405K10xas long as short
Phoenix ARM+0.0121%1h328.81+0.064%$5K$444K10xas long as short
Variational Omni ARM+0.0132%8h328.41−0.057%$213K$332Kas long as short
Gate ARM_USDT+0.0174%8h328.72+0.037%$1.5M$4.2M50xas long as short
Injective ARM/USDC PERP+0.0220%1h331.58+0.907%$5K$50K12xas long as short
Extended ARM-USD+0.0256%1h328.30−0.093%$36K$274K10xas long as short
Binance ARMUSDT+0.0257%8h328.41−0.057%$8.6M$50.4M20xas long as short
Bitget ARMUSDT+0.0515%8h328.31−0.088%$1.8M$3.8M20xas long as short
KuCoin ARMUSDTM+0.0785%8h328.58−0.006%$2.4M$121K20xas long as short