Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 247.77 | 0 | 0.0000% / 8h | 5h 44m | $2.3M | $2.7M | 20x | Long Binance | |
| SHORT | 247.71 | −0.0159 | pay 0.0159% / 8h | 5h 44m | $973K | $1.6M | — | Short BingX |
Price gap−0.026%
Funding gap−0.0159% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.029% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0159% /8h now · paid −0.108% over the last 7D
Price−$3spread −0.026% now, avg +0.003% → −0.029% if it goes back
Costs−$370.365% of $10k · taker + slippage, in and out
Result−$50−0.50%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.026%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hIBM on 23 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books9.8 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Binance 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.77Long Binance: 3 payments, $0.00; short BingX: 3 payments, −$4.77.
- Watch: Gap narrower than usual−0.026% vs +0.003%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$973K vs $2.3M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BingX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0052%/8h × 21 periods−$10.82
Price spread−0.026% → +0.003% (7d avg)−$2.92
Slippage, 4 orderslive order books−$18.51
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$50.25
Costs to cover0.365%Break-evennever at this rate
Slippage: Binance: live order book, 5 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.409.8 bp−$1041.1 bp−$411142.3 bp−$14.2Kdoesn’t fit
SELL · SHORTBingX0.617.1 bp−$714.4 bp−$144124.5 bp−$12.5K701.3 bp−$350.6K
Closing costs about the same again.
IBM news
posts that mention IBM, from every exchange| 10-29 17:25 | Ondo Perps | Listing | new market IBM-USD.P ($IBM) seen by our collector |
| 10-27 04:59 | BingX | Other | IBM's growth story is picking up momentum 🚀 Software revenue jumped 8% as $IBM raised its free cash flow outlook. Here's what's driving its latest earnings beat 👇 @BingXOfficial on X ↗ |
| 10-22 16:30 | Vest Markets | Other | Trade $IBM post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-22 16:30 | Vest Markets | Other | $IBM reported Q3 revenue of $17.10B versus the $16.82B expected, with operating EPS of $2.95 versus $2.86. Software revenue rose 8% YoY to $7.80B, with Red Hat up 11% and IBM Z down 20%, and $IBM raised its full-year free cash flow growth outlook to more than $1B. Shares are down around 0.7% on the session, with the software rebound's durability in focus against an unchanged 4%-5% revenue growth outlook. @VestExchange on X ↗ |
| 10-21 16:36 | Phoenix | Other | Meta, Tesla, IBM, and Texas Instruments report earnings after the close today. $META $TSLA $IBM $TXN trade 24/7 on Phoenix. @PhoenixTrade on X ↗ |
| 10-20 18:07 | Phemex | Other | South Korea’s KOSPI briefly fell below 5,500 as AI financing concerns weighed on tech stocks. $BTC has held up relatively well—for now. With yields in focus and Tesla, Meta, and IBM earnings ahead, can BTC stay resilient if equities face another wave of selling? 🔗 Read full: @Phemex_official on X ↗ |


Phoenix
Phemex