Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.021%
Price spread now: Variational Omni against QFEX−0.072%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.072%, 7d avg +0.011%
=Together, before fees+0.092%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.083% cheaper against QFEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.060%, 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 | 320.04 | 0.0021 | pay 0.0003% / 1h | 33m 01s | $1.1M | $3.5M | 10x |
| Short | Variational Omni ARM | 319.81 | 0 | get 0.0000% / 8h | 1h 33m | $184K | $285K | — |
QFEX ARM-USD
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$4.33
- Price spread: −0.072% → +0.011%
- −$8.29
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$22.63
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 10 min ago; Variational Omni: RFQ quote, 11 min ago. Net counts fees only.
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 | 1.41 bp | 7.5 bp −$7 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 11 min ago | 2.98 bp | doesn't fit | 25.1 bp −$251 | 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 | −0.0867% | 8h | 319.98 | −0.019% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0321% | 4h | 320.01 | −0.009% | $34K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0001% | 8h | 319.87 | −0.053% | $122K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.62 | −0.132% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.51 | −0.166% | $36K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.65 | −0.123% | $8.2M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.58 | −0.144% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.42 | −0.194% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.94 | −0.031% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 319.81 | −0.072% | $184K | $285K | — |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.20 | +0.050% | $618 | $227K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.14 | +0.031% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.25 | +0.066% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.68 | −0.112% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0021% | 1h | 320.04 | long leg | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 320.02 | −0.006% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.07 | +0.009% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.10 | +0.019% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.93 | −0.034% | $184K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.76 | −0.087% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0144% | 1h | 319.61 | −0.134% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 319.76 | −0.087% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.372% | $100K | $293K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.41 | +1.053% | $5K | $50K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP