Funding you earn now, next payment 02:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h −0.014%
Price spread now: BloFin against QFEX+0.565%759s7-day average −0.017% · 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—prices read too far apart to compare
costs, in and out, $10k−$460.457% of the position
Funding, last 3 days (all we have)+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)−0.618%−$62 · spread now +0.565%, 7d avg −0.017%
=The price spread pays, funding is against you. BloFin is 0.582% dearer against QFEX than usual: you sell high and buy low (spread +0.565% now, against its 7-day average of −0.017%): +$58 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 759 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 327.43 | 0.0015 | pay 0.0002% / 1h | 36m 00s | $1.1M | $4.4M | 10x |
| Short | BloFin ARM-USDT | 329.28 | −0.0010 | pay 0.0010% / 8h | 6h 36m | $128K | $46K | 20x |
QFEX ARM-USD
BloFin ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against QFEX. 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
- −$5.29
- Price spread: +0.565% → −0.017%
- $58.25
- Slippage, 4 orders
- −$23.67
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $7.29
- Costs to cover
- 0.457%
- Break-even
- from the start
Slippage from QFEX: live order book, 7 min ago; BloFin: live order book, 14 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 QFEX live order book, 7 min ago | 1.83 bp | 7.4 bp −$7 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 0.91 bp | 15.5 bp −$16 | doesn't fit | 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 | −0.0631% | 4h | 327.93 | +0.152% | $35K | $345K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | +0.192% | $99K | $289K | 10x | as long as short |
| BloFin ARM-USDTshort | −0.0010% | 8h | 329.28 | +0.565% | $128K | $46K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 327.98 | +0.169% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.75 | +0.098% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.71 | +0.086% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.93 | +0.153% | $551 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.32 | −0.034% | $1K | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.61 | +0.055% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0015% | 1h | 327.43 | long leg | $1.1M | $4.4M | 10x |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | +0.0025% | 1h | 327.63 | +0.061% | $12K | $125K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.45 | +0.006% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.85 | +0.128% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 327.64 | +0.064% | $8.3M | $9.0M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.56 | +0.040% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.25 | −0.055% | $201K | $502K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 327.92 | +0.150% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0163% | 8h | 327.74 | +0.094% | $213K | $409K | — | as long as short |
| Gate ARM_USDT | +0.0197% | 8h | 327.87 | +0.134% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +1.267% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0293% | 8h | 327.73 | +0.092% | $8.7M | $50.6M | 20x | as long as short |
| Extended ARM-USD | +0.0296% | 1h | 327.65 | +0.067% | $36K | $278K | 10x | as long as short |
| Bitget ARMUSDT | +0.0617% | 8h | 327.80 | +0.113% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0810% | 8h | 327.86 | +0.131% | $2.4M | $121K | 20x | as long as short |
Deribit ARM_USDC-PERPETUAL
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM