Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.016%
Price spread now: QFEX against BloFin−0.037%7-day average +0.010% · 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−$45as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.037%, 7d avg +0.010%
=Funding pays, the price is against you. QFEX is 0.047% cheaper against BloFin than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.010%). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 323.87 | −0.0022 | get 0.0022% / 8h | 3h 43m | $124K | $49K | 20x |
| Short | QFEX ARM-USD | 323.75 | 0.0014 | get 0.0002% / 1h | 43m 41s | $1.1M | $3.8M | 10x |
BloFin ARM-USDT
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against BloFin. 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
- $7.66
- Price spread: −0.037% → +0.010%
- −$4.74
- Slippage, 4 orders
- −$17.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.02
- Costs to cover
- 0.399%
- Break-even
- 40.8 days
Slippage from BloFin: live order book, 45 min ago; QFEX: live order book, 9 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 BloFin live order book, 45 min ago | 0.15 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 1.23 bp | 7.7 bp −$8 | 12.6 bp −$126 | 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 | −0.0613% | 4h | 323.86 | −0.002% | $34K | $350K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0151% | 1h | 323.86 | −0.003% | $12K | $59K | 10x | as long as short |
| BloFin ARM-USDTlong | −0.0022% | 8h | 323.87 | long leg | $124K | $49K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 324.15 | +0.087% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.87 | +0.002% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.94 | +0.021% | $8.4M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.83 | −0.012% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.90 | +0.009% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 324.06 | +0.059% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.98 | +0.034% | $1.8M | $3.9M | 20x | as long as short |
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 324.10 | +0.070% | $210K | $294K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.176% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.17 | +0.093% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.046% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0014% | 1h | 323.75 | −0.037% | $1.1M | $3.8M | 10x | |
| Lighter ARM | +0.0032% | 1h | 323.55 | −0.099% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.97 | +0.031% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.78 | −0.028% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.78 | −0.028% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.040% | $190K | $413K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 324.14 | +0.083% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.176% | $95K | $306K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0219% | 8h | 323.86 | −0.003% | $2.3M | $119K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.967% | $5K | $50K | 12x | as long as short |
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Injective ARM/USDC PERP