Funding you earn now, next payment 11:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h +0.015%
Price spread now: Variational Omni against QFEX+0.145%47s7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.145%, 7d avg +0.008%
=Together, before fees−0.152%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.137% dearer against QFEX than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.008%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. Mind the row above: over the last 4 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 47 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 | 322.52 | 0.0019 | pay 0.0002% / 1h | 46m 45s | $1.1M | $3.3M | 10x |
| Short | Variational Omni ARM | 322.99 | 0 | get 0.0000% / 8h | 5h 46m | $187K | $219K | — |
QFEX ARM-USD
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$3.91
- Price spread: +0.145% → +0.008%
- $13.71
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$0.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
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 | 1.24 bp | 7.1 bp −$7 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.95 bp | doesn't fit | 60.5 bp −$605 | doesn't fit | doesn't fit |
ARM on 24 exchanges
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 | −0.0644% | 4h | 323.00 | +0.148% | $35K | $362K | 10x | as long as short |
| BloFin ARM-USDT | −0.0022% | 8h | 322.43 | −0.028% | $125K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.75 | +0.073% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.65 | +0.040% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.26 | −0.081% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.35 | −0.053% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.52 | 0.000% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 322.99 | +0.145% | $187K | $219K | — | |
| SunX ARM-USDT | 0.0000% | 8h | 322.08 | −0.136% | $1K | $2.1M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.63 | +0.034% | $12K | $55K | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUALShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 322.89 | +0.115% | $18K | $12K | 20x | as long as short |
| Binance ARMUSDT | +0.0005% | 8h | 322.54 | +0.007% | $8.3M | $50.5M | 20x | as long as short |
| Extended ARM-USD | +0.0008% | 1h | 322.29 | −0.070% | $32K | $324K | 10x | as long as short |
| QFEX ARM-USDlong | +0.0019% | 1h | 322.52 | long leg | $1.1M | $3.3M | 10x | |
| Lighter ARM | +0.0032% | 1h | 322.49 | −0.009% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.75 | +0.071% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.53 | +0.003% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.66 | +0.043% | $182K | $445K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 321.45 | −0.332% | $99K | $271K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | −0.081% | $3K | $60K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0211% | 8h | 322.87 | +0.109% | $2.3M | $275K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0247% | 1h | 322.68 | +0.050% | $8.3M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 323.20 | +0.211% | $8K | $424K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0873% | 8h | 323.11 | +0.183% | $291 | $254K | 10x | as long as short |
HTX ARM-USDT
Binance ARMUSDT
Extended ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
GRVT ARM_USDT_Perp