Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.001%
Price spread now: Bybit against QFEX+0.059%7-day average +0.063% · 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−$65as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 4 days (all we have)+0.045%+$5 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.059%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 320.42 | 0.0021 | pay 0.0003% / 1h | 53m 29s | $1.1M | $3.5M | 10x |
| Short | Bybit ARMUSDT | 320.61 | 0 | get 0.0000% / 8h | 1h 53m | $1.9M | $2.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$4.33
- Price spread: +0.059% → +0.063%
- −$0.34
- Slippage, 4 orders
- −$43.38
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.05
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Bybit: 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 QFEX live order book, 5 min ago | 1.87 bp | 9.6 bp −$10 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.77 bp | 25.2 bp −$25 | 95.5 bp −$955 | 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 | −0.0806% | 8h | 320.56 | +0.044% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0640% | 4h | 320.51 | +0.028% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.40 | −0.005% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.42 | +0.001% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.43 | +0.003% | $8.2M | $50.2M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 320.61 | +0.059% | $1.9M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.38 | −0.012% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.46 | +0.012% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.55 | +0.040% | $185K | $290K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.53 | +0.035% | $442 | $223K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.61 | +0.059% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.18 | −0.075% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 320.50 | +0.025% | $121K | $51K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0021% | 1h | 320.42 | long leg | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 320.20 | −0.069% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.56 | +0.044% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.38 | −0.012% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.71 | +0.091% | $183K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.68 | +0.081% | $2.3M | $119K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0156% | 1h | 320.20 | −0.069% | $12K | $59K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0159% | 1h | 320.57 | +0.047% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 321.49 | +0.334% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.253% | $100K | $298K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +1.242% | $5K | $50K | 12x | as long as short |
Bybit ARMUSDT
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP