Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.049%
Price spread now: tradeXYZ against QFEX+0.012%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 4 days (all we have)+0.114%+$11 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.012%, 7d avg +0.005%
=Together, before fees+0.080%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, 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 | 323.91 | 0.0014 | pay 0.0002% / 1h | 43m 21s | $1.1M | $3.8M | 10x |
| Short | tradeXYZ xyz:ARM | 323.95 | 0.0050 | get 0.0006% / 1h | 43m 21s | $8.1M | $8.8M | 10x |
QFEX ARM-USD
tradeXYZ xyz:ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $7.53
- Price spread: +0.012% → +0.005%
- $0.71
- Slippage, 4 orders
- −$8.94
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$28.71
- Costs to cover
- 0.369%
- Break-even
- 33.7 days
Slippage from QFEX: live order book, 10 min ago; tradeXYZ: live order book, 5 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, 10 min ago | 1.23 bp | 6.2 bp −$6 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.46 bp | 12.1 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0613% | 4h | 323.86 | −0.015% | $34K | $350K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0151% | 1h | 323.86 | −0.015% | $12K | $59K | 10x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 323.87 | −0.012% | $124K | $49K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.18 | +0.084% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.95 | +0.012% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 324.03 | +0.036% | $8.4M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.88 | −0.009% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.90 | −0.003% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 324.06 | +0.046% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.10 | +0.059% | $1.8M | $3.9M | 20x | as long as short |
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 324.10 | +0.058% | $210K | $294K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.87 | −0.012% | $852 | $209K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.17 | +0.080% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.059% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0014% | 1h | 323.91 | long leg | $1.1M | $3.8M | 10x | |
| Lighter ARM | +0.0032% | 1h | 323.55 | −0.111% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.05 | +0.043% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0050% | 1h | 323.95 | +0.012% | $8.1M | $8.8M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.87 | −0.012% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.052% | $190K | $413K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.071% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.164% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0219% | 8h | 323.97 | +0.019% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.954% | $5K | $50K | 12x | as long as short |
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP