Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.076%
Price spread now: QFEX against Bitget+0.019%7-day average −0.055% · 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−$46as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 3 days (all we have)−0.073%−$7 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.019%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.073% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 3 days funding on this pair cost −0.073%, 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 | Bitget ARMUSDT | 323.03 | 0 | get 0.0000% / 8h | 1h 46m | $1.7M | $4.2M | 20x |
| Short | QFEX ARM-USD | 323.09 | 0.0043 | get 0.0005% / 1h | 46m 04s | $1.1M | $4.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $9.04
- Price spread: +0.019% → −0.055%
- $7.33
- Slippage, 4 orders
- −$31.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36.65
- Costs to cover
- 0.530%
- Break-even
- 35.4 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 4.49 bp | 18.3 bp −$18 | 35.4 bp −$354 | 77.6 bp −$7,763 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.16 bp | 8.1 bp −$8 | 12.9 bp −$129 | 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 | −0.0208% | 4h | 323.72 | +0.214% | $34K | $348K | 10x | as long as short |
| BloFin ARM-USDT | −0.0012% | 8h | 323.11 | +0.025% | $122K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 323.03 | +0.001% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.09 | +0.017% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.20 | +0.051% | $8.5M | $51.1M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.18 | +0.046% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.08 | +0.015% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDTlong | 0.0000% | 8h | 323.03 | long leg | $1.7M | $4.2M | 20x | |
| Variational Omni ARM | 0.0000% | 8h | 323.89 | +0.267% | $276K | $459K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.67 | −0.111% | $1K | $3.2M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.59 | +0.173% | $18K | $16K | 20x | as long as short |
| Gate ARM_USDT | +0.0030% | 8h | 323.40 | +0.115% | $1.5M | $4.0M | 50x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.89 | −0.043% | — | — | 10x | as long as short |
| QFEX ARM-USDshort | +0.0043% | 1h | 323.09 | +0.019% | $1.1M | $4.7M | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.34 | +0.096% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.06 | +0.009% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.61 | +0.180% | $214K | $553K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0063% | 8h | 323.77 | +0.229% | $401 | $213K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 323.28 | +0.077% | $83K | $291K | 10x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 323.40 | +0.115% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 326.30 | +1.012% | $5K | $52K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0222% | 8h | 323.51 | +0.149% | $2.3M | $118K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0275% | 1h | 323.18 | +0.046% | $7.7M | $9.9M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0432% | 1h | 323.03 | 0.000% | $12K | $145K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
Gate ARM_USDT
Lighter ARM
Polymarket Perps ARM-USD
GRVT ARM_USDT_Perp
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL