Funding you earn now, next payment 00:00 UTC−0.0207%/8h= −22.7% APRpaid last 24h −0.041%
Price spread now: QFEX against Variational Omni+0.238%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.238%, 7d avg −0.007%
=Together, before fees−0.221%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.245% dearer against Variational Omni than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of −0.007%): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 3 days (−0.038% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.038% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARM | 325.64 | 0.0233 | pay 0.0233% / 8h | 7h 57m | $213K | $523K | — |
| Short | QFEX ARM-USD | 326.41 | 0.0026 | get 0.0003% / 1h | 57m 21s | $1.1M | $4.8M | 10x |
Variational Omni ARM
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- −$43.53
- Price spread: +0.238% → −0.007%
- $24.49
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.04
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; QFEX: live order book, 6 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 Variational Omni RFQ quote, 17 min ago | 2.65 bp | doesn't fit | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.00 bp | 8.2 bp −$8 | 14.0 bp −$140 | 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 | −0.1000% | 4h | 325.49 | −0.044% | $35K | $350K | 10x | as long as short |
| BloFin ARM-USDT | −0.0005% | 8h | 325.23 | −0.125% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 326.59 | +0.292% | $7K | $126K | 20x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.25 | +0.496% | $1.7M | $6.6M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.97 | +0.103% | $1.8M | $4.0M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.04 | +0.124% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.03 | +0.121% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0026% | 1h | 326.41 | +0.238% | $1.1M | $4.8M | 10x | |
| Lighter ARM | +0.0032% | 1h | 326.12 | +0.149% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.56 | +0.284% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | +0.093% | $89K | $286K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | +1.088% | $5K | $50K | 12x | as long as short |
| Variational Omni ARMlong | +0.0233% | 8h | 325.64 | long leg | $213K | $523K | — | |
| Phoenix ARM | +0.0271% | 1h | 325.89 | +0.078% | $5K | $460K | 10x | as long as short |
| Binance ARMUSDT | +0.0358% | 8h | 327.07 | +0.441% | $8.7M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 326.45 | +0.251% | $39K | $188K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0384% | 8h | 325.77 | +0.040% | $577 | $199K | 10x | as long as short |
| Bybit ARMUSDT | +0.0429% | 8h | 326.99 | +0.416% | $2.0M | $2.2M | 25x | as long as short |
| Gate ARM_USDT | +0.0459% | 8h | 327.05 | +0.434% | $1.5M | $4.0M | 50x | as long as short |
| Ondo Perps ARM-USD.P | +0.0470% | 1h | 326.63 | +0.305% | $208K | $547K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0732% | 8h | 326.47 | +0.256% | $2.3M | $120K | 20x | as long as short |
| Polymarket Perps ARM-USD | +0.1232% | 1h | 325.77 | +0.041% | $382K | $1.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.1314% | 1h | 326.55 | +0.281% | $12K | $127K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.1475% | 1h | 325.82 | +0.056% | $8.0M | $9.7M | 10x | as long as short |
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM
Binance ARMUSDT
Extended ARM-USD
GRVT ARM_USDT_Perp
Bybit ARMUSDT
Gate ARM_USDT
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Polymarket Perps ARM-USD
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM