Funding you earn now, next payment 07:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.046%
Price spread now: QFEX against Binance−0.029%7-day average −0.072% · 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−$39as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 4 days (all we have)−0.091%−$9 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.029%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.072%. Mind the row above: over the last 4 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARMUSDT | 319.80 | 0 | get 0.0000% / 8h | 1h 14m | $8.2M | $50.4M | 20x |
| Short | QFEX ARM-USD | 319.71 | 0.0021 | get 0.0003% / 1h | 14m 48s | $1.1M | $3.5M | 10x |
Binance ARMUSDT
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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: −0.029% → −0.072%
- $4.3
- Slippage, 4 orders
- −$22.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$34.27
- Costs to cover
- 0.429%
- Break-even
- 62.4 days
Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago | 0.47 bp | 11.9 bp −$12 | 26.9 bp −$269 | 110.0 bp −$11.0K | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.09 bp | 8.8 bp −$9 | 12.9 bp −$129 | 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 | −0.0874% | 8h | 320.06 | +0.080% | $1.7M | $4.0M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.59 | −0.067% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.74 | −0.021% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDTlong | 0.0000% | 8h | 319.80 | long leg | $8.2M | $50.4M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 319.83 | +0.008% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.49 | −0.098% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.90 | +0.030% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.92 | +0.037% | $184K | $280K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.24 | +0.136% | $932 | $230K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 319.60 | −0.064% | $1K | $2.5M | 10x | as long as short |
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 319.77 | −0.011% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0020% | 8h | 319.69 | −0.036% | $121K | $51K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0021% | 1h | 319.71 | −0.029% | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 319.54 | −0.083% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.93 | +0.039% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.70 | −0.033% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.16 | +0.111% | $183K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.03 | +0.071% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0171% | 1h | 319.84 | +0.011% | $8.1M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.50 | +0.218% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | +0.077% | $99K | $292K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +1.087% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0282% | 1h | 319.74 | −0.020% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0460% | 4h | 320.35 | +0.171% | $34K | $353K | 10x | as long as short |
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
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC