Funding you earn now, next payment 08:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.041%
Price spread now: QFEX against tradeXYZ−0.075%7-day average −0.006% · 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−$46as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 4 days (all we have)−0.119%−$12 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.075%, 7d avg −0.006%
=Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 0.069% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 321.65 | 0.0241 | pay 0.0030% / 1h | 9m 24s | $8.2M | $8.6M | 10x |
| Short | QFEX ARM-USD | 321.41 | 0.0025 | get 0.0003% / 1h | 9m 24s | $1.1M | $3.4M | 10x |
tradeXYZ xyz:ARM
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$45.42
- Price spread: −0.075% → −0.006%
- −$6.87
- Slippage, 4 orders
- −$10.73
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$91.02
- Costs to cover
- 0.387%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; QFEX: live order book, 4 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 tradeXYZ live order book, 9 min ago | 0.62 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.09 bp | 7.0 bp −$7 | 12.6 bp −$126 | 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 | −0.0459% | 8h | 321.58 | −0.022% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0014% | 8h | 321.36 | −0.090% | $122K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.21 | −0.137% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.35 | −0.092% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.45 | −0.062% | $8.2M | $50.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.37 | −0.087% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.59 | −0.019% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.58 | −0.022% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.39 | −0.081% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.52 | −0.042% | $1K | $237K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.74 | +0.028% | $988 | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.37 | −0.087% | $18K | $15K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0025% | 1h | 321.41 | −0.075% | $1.1M | $3.4M | 10x | |
| Lighter ARM | +0.0032% | 1h | 321.14 | −0.159% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.64 | −0.003% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.51 | −0.044% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.22 | −0.134% | $185K | $440K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.72 | +0.022% | $2.3M | $121K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 320.83 | −0.255% | $98K | $289K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +0.948% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.55 | −0.031% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0241% | 1h | 321.65 | long leg | $8.2M | $8.6M | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0466% | 1h | 321.43 | −0.068% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0756% | 4h | 321.42 | −0.073% | $36K | $355K | 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
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC