Funding you earn now, next payment 12:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h −0.027%
Price spread now: QFEX against Binance−0.045%7-day average −0.073% · 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−$38as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.045%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 4 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 321.42 | 0 | get 0.0000% / 8h | 4h 44m | $8.2M | $50.7M | 20x |
| Short | QFEX ARM-USD | 321.28 | 0.0027 | get 0.0003% / 1h | 44m 32s | $1.1M | $3.3M | 10x |
Binance ARMUSDT
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- $5.63
- Price spread: −0.045% → −0.073%
- $2.87
- Slippage, 4 orders
- −$20.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$32.39
- Costs to cover
- 0.409%
- Break-even
- 47.3 days
Slippage from Binance: live order book, 6 min ago; QFEX: live order book, 7 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 Binance live order book, 6 min ago | 1.87 bp | 9.9 bp −$10 | 27.7 bp −$277 | 128.7 bp −$12.9K | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.18 bp | 10.9 bp −$11 | 16.1 bp −$161 | doesn't fit | doesn't fit |
ARM on 24 exchanges
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 | −0.0744% | 4h | 320.31 | −0.348% | $34K | $366K | 10x | as long as short |
| BloFin ARM-USDT | −0.0018% | 8h | 320.83 | −0.185% | $129K | $58K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.42 | 0.000% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.40 | −0.006% | $31K | $330K | 10x | as long as short |
| Binance ARMUSDTlong | 0.0000% | 8h | 321.42 | long leg | $8.2M | $50.7M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 321.39 | −0.010% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.32 | −0.032% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.49 | +0.021% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.44 | +0.005% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.57 | −0.266% | $186K | $219K | — | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
Variational Omni ARMShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.11 | −0.098% | $1K | $2.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.75 | −0.210% | $18K | $10K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0027% | 1h | 321.28 | −0.045% | $1.1M | $3.3M | 10x | |
| Lighter ARM | +0.0032% | 1h | 321.28 | −0.045% | — | — | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0033% | 1h | 322.26 | +0.260% | $3K | $60K | 12x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.19 | −0.073% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.17 | −0.079% | $361K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.57 | −0.266% | $183K | $439K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0056% | 1h | 320.31 | −0.346% | $94K | $275K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0085% | 1h | 321.08 | −0.107% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0149% | 1h | 320.89 | −0.166% | $8K | $424K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0163% | 8h | 321.07 | −0.111% | $327 | $264K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0176% | 8h | 321.27 | −0.048% | $2.3M | $335K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0405% | 1h | 320.74 | −0.213% | $12K | $52K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Injective ARM/USDC PERP
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Phoenix ARM
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL