Funding you earn now, next payment 07:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Polymarket Perps+0.047%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 7 days−0.167%−$17 · spread now +0.047%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 321.00 | 0.0050 | pay 0.0006% / 1h | 57m 52s | $371K | $1.3M | 10x |
| Short | QFEX ARM-USD | 321.15 | 0.0025 | get 0.0003% / 1h | 57m 52s | $1.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Polymarket Perps. 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
- −$5.24
- Price spread: +0.047% → +0.035%
- $1.14
- Slippage, 4 orders
- −$13.9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36.01
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; QFEX: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 2.34 bp | 7.9 bp −$8 | 7.9 bp −$79 | 11.9 bp −$1,195 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.87 bp | 6.9 bp −$7 | 11.5 bp −$115 | 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 | −0.0741% | 8h | 321.16 | +0.050% | $1.7M | $4.1M | 20x | as long as short |
| edgeX ARMUSDC | −0.0435% | 4h | 321.39 | +0.120% | $34K | $354K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | −0.0155% | 1h | 320.97 | −0.009% | $12K | $59K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.83 | −0.054% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.93 | −0.020% | $38K | $300K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.05 | +0.016% | $8.3M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.10 | +0.031% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.87 | −0.040% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.08 | +0.025% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 321.26 | +0.082% | $185K | $277K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.57 | +0.177% | $441 | $231K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.89 | −0.034% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.95 | −0.016% | $18K | $15K | 20x | as long as short |
| BloFin ARM-USDT | +0.0014% | 8h | 321.30 | +0.093% | $122K | $51K | 20x | as long as short |
| QFEX ARM-USDshort | +0.0025% | 1h | 321.15 | +0.047% | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 320.91 | −0.028% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.42 | +0.131% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 321.17 | +0.053% | $8.2M | $8.7M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 321.00 | long leg | $371K | $1.3M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.87 | −0.040% | $185K | $438K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.24 | +0.075% | $2.3M | $119K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0160% | 1h | 321.18 | +0.056% | $97K | $291K | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 321.26 | +0.081% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.28 | +0.710% | $5K | $49K | 12x | as long as short |
Polymarket Perps ARM-USD
Bitget ARMUSDT
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP