Funding you earn now, next payment 07:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.017%
Price spread now: edgeX against QFEX−0.018%57s7-day average +0.007% · 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—prices read too far apart to compare
costs, in and out, $10k−$280.277% of the position
Funding, last 4 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.018%, 7d avg +0.007%
=Together, before fees−0.020%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.024% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 57 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 | 320.29 | 0.0021 | pay 0.0003% / 1h | 39m 48s | $1.1M | $3.5M | 10x |
| Short | edgeX ARMUSDC | 320.23 | −0.0054 | pay 0.0027% / 4h | 1h 39m | $34K | $353K | 10x |
QFEX ARM-USD
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$15.74
- Price spread: −0.018% → +0.007%
- −$2.45
- Slippage, 4 orders
- −$8.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$45.93
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; edgeX: live order book, 4 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, 3 min ago | 1.41 bp | 7.5 bp −$7 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 1.56 bp | 6.4 bp −$6 | 9.9 bp −$99 | 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 | −0.0836% | 8h | 320.14 | −0.047% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDCshort | −0.0054% | 4h | 320.23 | −0.018% | $34K | $353K | 10x | |
| Aster ARMUSDT | 0.0000% | 8h | 319.80 | −0.152% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.00 | −0.090% | $36K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.83 | −0.144% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.84 | −0.140% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.68 | −0.190% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.95 | −0.106% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.19 | −0.032% | $184K | $286K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.27 | −0.008% | $637 | $226K | 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 | 320.11 | −0.056% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.09 | −0.062% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDT | +0.0014% | 8h | 319.98 | −0.097% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0021% | 1h | 320.29 | long leg | $1.1M | $3.5M | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0031% | 1h | 320.09 | −0.062% | $12K | $59K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.90 | −0.122% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.34 | +0.016% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.07 | −0.069% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.98 | −0.097% | $184K | $433K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.24 | −0.016% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0127% | 1h | 320.05 | −0.075% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.12 | −0.053% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 321.23 | +0.293% | $100K | $295K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.40 | +1.283% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Deribit ARM_USDC-PERPETUAL
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP