Settings8H · net · $10k
Funding arb · Price arb /

ARM

RWAall ARM markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.258%−$26 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ARM-USD321.000.0050pay 0.0006% / 1h57m 52s$371K$1.3M10x
ShortQFEX ARM-USD321.150.0025get 0.0003% / 1h57m 52s$1.1M$3.5M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago2.34 bp7.9 bp −$87.9 bp −$7911.9 bp −$1,195doesn't fit
Sell QFEX live order book, 5 min ago1.87 bp6.9 bp −$711.5 bp −$115doesn't fitdoesn't fit

ARM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARMUSDT−0.0741%8h321.16+0.050%$1.7M$4.1M20xas long as short
edgeX ARMUSDC−0.0435%4h321.39+0.120%$34K$354K10xas long as short
Deribit ARM_USDC-PERPETUAL−0.0155%1h320.97−0.009%$12K$59K10xas long as short
Aster ARMUSDT0.0000%8h320.83−0.054%$7K$126K20xas long as short
Extended ARM-USD0.0000%1h320.93−0.020%$38K$300K10xas long as short
Binance ARMUSDT0.0000%8h321.05+0.016%$8.3M$50.6M20xas long as short
Bybit ARMUSDT0.0000%8h321.10+0.031%$1.9M$2.1M25xas long as short
OKX ARM-USDT-SWAP0.0000%8h320.87−0.040%$1.6M$6.6M20xas long as short
Gate ARM_USDT0.0000%8h321.08+0.025%$1.4M$4.1M50xas long as short
Variational Omni ARM0.0000%8h321.26+0.082%$185K$277Kas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARM_USDT_Perp0.0000%8h321.57+0.177%$441$231K10xas long as short
SunX ARM-USDT0.0000%8h320.89−0.034%$1K$2.5M10xas long as short
HTX ARM-USDT0.0000%8h320.95−0.016%$18K$15K20xas long as short
BloFin ARM-USDT+0.0014%8h321.30+0.093%$122K$51K20xas long as short
QFEX ARM-USDshort+0.0025%1h321.15+0.047%$1.1M$3.5M10x
Lighter ARM+0.0032%1h320.91−0.028%10xas long as short
Vest ARM-USD-PERP+0.0046%1h321.42+0.131%10xas long as short
tradeXYZ xyz:ARM+0.0050%1h321.17+0.053%$8.2M$8.7M10xas long as short
Polymarket Perps ARM-USDlong+0.0050%1h321.00long leg$371K$1.3M10x
Ondo Perps ARM-USD.P+0.0050%1h320.87−0.040%$185K$438K10xas long as short
KuCoin ARMUSDTM+0.0100%8h321.24+0.075%$2.3M$119K20xas long as short
Coinbase International ARM-PERP-INTX+0.0160%1h321.18+0.056%$97K$291K10xas long as short
Phoenix ARM+0.0199%1h321.26+0.081%$5K$444K10xas long as short
Injective ARM/USDC PERP+0.0220%1h323.28+0.710%$5K$49K12xas long as short