IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.046%

Price spread now: KuCoin against Aster+0.018%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$821as in the Funding arb table

Net, price: spread back to 7d avg − costs−$839as in the Price arb table

costs, in and out, $10k−$8438.433% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.226%+$23 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.018%, 7d avg −0.025%

Together, before fees+0.201%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.043% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster IBMUSDT	231.21	0	get 0.0000% / 8h	6h 45m	$13K	$127K	20x
Short	KuCoin IBMUSDTM	231.25	0.0100	get 0.0100% / 8h	6h 45m	$194K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $21
Price spread: +0.018% → −0.025%: $4.29
Slippage, 4 orders: −$823.28
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$817.99
Costs to cover: 8.433%
Break-even: 279.7 days

Slippage from Aster: live order book, 21 min ago; KuCoin: live order book, 59 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 Aster live order book, 21 min ago	24.40 bp	62.7 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 59 min ago	6.05 bp	89.6 bp −$90	doesn't fit	doesn't fit	doesn't fit

IBM on 18 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
Aster IBMUSDTlong	0.0000%	8h	231.21	long leg	$13K	$127K	20x
Bybit IBMUSDT	0.0000%	8h	231.20	−0.004%	$973K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.42	+0.091%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.37	+0.069%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.40	+0.082%	$791K	$341K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.40	+0.082%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.26	+0.021%	$273	$161K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.22	+0.005%	$1K	$488K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.82	+0.264%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.33	+0.052%	$1.2M	$3.1M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.26	+0.022%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.044%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.16	−0.021%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.11	−0.043%	$1.9M	$722K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.25	+0.018%	$194K	$33K	20x
Extended IBM-USD	+0.0112%	1h	231.36	+0.064%	$54K	$235K	10x	as long as short
Binance IBMUSDT	+0.0116%	8h	231.39	+0.078%	$3.9M	$5.3M	20x	as long as short
BloFin IBM-USDT	+0.0122%	8h	231.18	−0.013%	$46K	$52K	20x	as long as short