Funding you earn now, next payment 07:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Injective−1.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 1.058% cheaper against Injective than usual: you would sell low and buy high (−$106 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARM/USDC PERP | 323.28 | 0.0220 | pay 0.0028% / 1h | 16m 40s | $5K | $50K | 12x |
| Short | QFEX ARM-USD | 319.86 | 0.0021 | get 0.0003% / 1h | 16m 40s | $1.1M | $3.5M | 10x |
Injective ARM/USDC PERP
QFEX ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- −$41.87
- Price spread: −1.058% → 0.000%
- −$105.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$157.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 7 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 7 min ago | 2.03 bp | 7.0 bp −$7 | 13.5 bp −$135 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 320.28 | −0.928% | $1.7M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0041% | 4h | 320.13 | −0.974% | $34K | $353K | 10x | as long as short |
| BloFin ARM-USDT | −0.0024% | 8h | 320.33 | −0.913% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.01 | −1.012% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.88 | −1.050% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.97 | −1.023% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.17 | −0.962% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.99 | −1.018% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.20 | −0.953% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.61 | −0.825% | $184K | $281K | — | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.24 | −0.940% | $932 | $230K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.45 | −0.875% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.01 | −1.012% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0021% | 1h | 319.86 | −1.058% | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 319.96 | −1.027% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.60 | −0.829% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.46 | −0.872% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.16 | −0.965% | $183K | $431K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.12 | −0.977% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0173% | 1h | 320.17 | −0.962% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.50 | −0.860% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.999% | $99K | $292K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 323.28 | long leg | $5K | $50K | 12x | |
| Deribit ARM_USDC-PERPETUAL | +0.0374% | 1h | 320.54 | −0.848% | $12K | $59K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX 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
Deribit ARM_USDC-PERPETUAL