Funding you earn now, next payment 06:00 UTC+0.0461%/8h= +50.5% APRpaid last 24h +0.018%
Price spread now: QFEX against edgeX+0.065%7-day average −0.006% · 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−$24as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.065%, 7d avg −0.006%
=Together, before fees−0.019%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and QFEX is 0.071% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.006%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.020% in total (about 2.0% 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 | edgeX ARMUSDC | 322.21 | −0.0450 | get 0.0225% / 4h | 2h 45m | $34K | $351K | 10x |
| Short | QFEX ARM-USD | 322.42 | 0.0011 | get 0.0001% / 1h | 45m 04s | $1.1M | $3.6M | 10x |
edgeX ARMUSDC
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- $96.83
- Price spread: +0.065% → −0.006%
- $7.1
- Slippage, 4 orders
- −$12.57
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $72.35
- Costs to cover
- 0.316%
- Break-even
- 1.8 days
Slippage from edgeX: live order book, 3 min ago; QFEX: live order book, 3 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 edgeX live order book, 3 min ago | 2.64 bp | 7.9 bp −$8 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.24 bp | 8.4 bp −$8 | 14.6 bp −$146 | 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 | −0.0531% | 8h | 322.15 | −0.019% | $1.8M | $3.9M | 20x | as long as short |
| edgeX ARMUSDClong | −0.0450% | 4h | 322.21 | long leg | $34K | $351K | 10x | |
| Aster ARMUSDT | 0.0000% | 8h | 321.67 | −0.167% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.16 | −0.016% | $35K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.89 | −0.099% | $8.3M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.91 | −0.093% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.91 | −0.093% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.26 | +0.016% | $1.4M | $4.3M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.16 | −0.014% | $192K | $296K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.32 | +0.035% | $1K | $218K | 10x | as long as short |
Bitget ARMUSDT
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 | 322.16 | −0.015% | $954 | $2.6M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.11 | −0.031% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0011% | 1h | 322.42 | +0.065% | $1.1M | $3.6M | 10x | |
| BloFin ARM-USDT | +0.0012% | 8h | 322.09 | −0.037% | $122K | $50K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.00 | −0.065% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.48 | +0.084% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.12 | −0.028% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.44 | +0.071% | $184K | $413K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.17 | −0.012% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0159% | 1h | 321.90 | −0.096% | $8.1M | $8.6M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.20 | −0.313% | $99K | $307K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 322.37 | +0.050% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.06 | +0.574% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0340% | 1h | 322.25 | +0.013% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL