Funding you earn now, next payment 20:00 UTC−0.0018%/8hnext payment −$0.02 per $10,000 · paid last 24h +0.123%
Price spread now: Deribit against QFEX−0.310%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−$77as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 3 days (all we have)+0.121%+$12 on $10k
+Price spread, last 3 days (all we have)+0.268%+$27 · spread now −0.310%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.320% cheaper against QFEX than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.121%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 322.69 | 0.0018 | pay 0.0002% / 1h | 4m 32s | $1.1M | $4.3M | 10x |
| Short | Deribit ARM_USDC-PERPETUAL | 321.69 | 0 | get 0.0000% / 1h | 4m 32s | $12K | $144K | 10x |
QFEX ARM-USD
Deribit ARM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against QFEX. 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
- −$3.86
- Price spread: −0.310% → +0.010%
- −$32.02
- Slippage, 4 orders
- −$28.04
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$80.93
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Deribit: live order book, 28 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 QFEX live order book, 3 min ago | 1.55 bp | 8.9 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 28 min ago | 2.96 bp | 15.2 bp −$15 | 19.3 bp −$193 | 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 | −0.0531% | 4h | 321.89 | −0.247% | $35K | $343K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0056% | 1h | 321.09 | −0.496% | $103K | $260K | 10x | as long as short |
| BloFin ARM-USDT | −0.0005% | 8h | 322.08 | −0.189% | $125K | $42K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.64 | −0.324% | $5K | $122K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.56 | −0.041% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.99 | +0.093% | $8.6M | $49.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.87 | +0.056% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.89 | +0.062% | $1.7M | $6.4M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.31 | −0.118% | $1.5M | $3.9M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.58 | −0.034% | $1.8M | $4.0M | 20x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
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 | 322.68 | −0.004% | $211K | $396K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 322.66 | −0.009% | $865 | $209K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 321.50 | −0.369% | $952 | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALshort | 0.0000% | 1h | 321.69 | −0.310% | $12K | $144K | 10x | |
| HTX ARM-USDT | 0.0000% | 8h | 322.05 | −0.198% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0018% | 1h | 322.69 | long leg | $1.1M | $4.3M | 10x | |
| Lighter ARM | +0.0032% | 1h | 322.43 | −0.081% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.30 | −0.121% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 321.71 | −0.304% | $7.5M | $9.9M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.94 | −0.232% | $378K | $1.4M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.30 | −0.121% | $207K | $542K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.61 | −0.025% | $2.3M | $110K | 20x | as long as short |
| Phoenix ARM | +0.0125% | 1h | 321.85 | −0.260% | $22K | $435K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 325.75 | +0.948% | $5K | $52K | 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
KuCoin ARMUSDTM
Phoenix ARM
Injective ARM/USDC PERP