Funding you earn now, next payment 02:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.053%
Price spread now: tradeXYZ against QFEX+0.046%7-day average +0.006% · 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−$39as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 3 days (all we have)+0.112%+$11 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.046%, 7d avg +0.006%
=Together, before fees+0.081%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.040% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 327.66 | 0.0015 | pay 0.0002% / 1h | 14m 10s | $1.1M | $4.4M | 10x |
| Short | tradeXYZ xyz:ARM | 327.81 | 0.0050 | get 0.0006% / 1h | 14m 10s | $8.3M | $8.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $7.31
- Price spread: +0.046% → +0.006%
- $4
- Slippage, 4 orders
- −$15.06
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.75
- Costs to cover
- 0.431%
- Break-even
- 37.4 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago | 1.52 bp | 7.7 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 4.11 bp | 13.1 bp −$13 | 17.9 bp −$179 | doesn't fit | doesn't fit |
ARM on 23 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 | −0.0373% | 4h | 328.22 | +0.172% | $35K | $346K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.15 | +0.150% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.07 | +0.124% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 327.90 | +0.073% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.01 | +0.107% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.23 | +0.174% | $853 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.36 | +0.214% | $1K | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.57 | +0.278% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0015% | 1h | 327.66 | long leg | $1.1M | $4.4M | 10x | |
| Lighter ARM | +0.0032% | 1h | 327.62 | −0.012% | — | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.89 | +0.070% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARMshort | +0.0050% | 1h | 327.81 | +0.046% | $8.3M | $8.9M | 10x | |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.67 | +0.003% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.48 | −0.055% | $201K | $398K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.39 | +0.223% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0121% | 8h | 328.01 | +0.108% | $213K | $331K | — | as long as short |
| Gate ARM_USDT | +0.0149% | 8h | 328.25 | +0.180% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.02 | +1.331% | $5K | $50K | 12x | as long as short |
| Binance ARMUSDT | +0.0240% | 8h | 327.96 | +0.092% | $8.6M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0240% | 1h | 327.89 | +0.070% | $36K | $273K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0269% | 1h | 327.83 | +0.052% | $12K | $125K | 10x | as long as short |
| Bitget ARMUSDT | +0.0456% | 8h | 328.32 | +0.201% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0769% | 8h | 328.12 | +0.140% | $2.4M | $120K | 20x | as long as short |
tradeXYZ xyz:ARM
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Phoenix ARM
Variational Omni ARM
Gate ARM_USDT
Injective ARM/USDC PERP
Binance ARMUSDT
Extended ARM-USD
Deribit ARM_USDC-PERPETUAL
Bitget ARMUSDT
KuCoin ARMUSDTM