Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Extended against Binance−0.028%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.028%, 7d avg −0.038%
=Together, before fees−0.247%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 231.59 | 0 | get 0.0000% / 8h | 3h 51m | $3.8M | $5.4M | 20x |
| Short | Extended IBM-USD | 231.52 | 0 | get 0.0000% / 1h | 51m 24s | $54K | $233K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0
- Price spread: −0.028% → −0.038%
- $0.93
- Slippage, 4 orders
- −$37.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Extended: live order book, 66 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 Binance live order book, 1 min ago | 0.22 bp | 10.1 bp −$10 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Extended live order book, 66 min ago | 2.16 bp | 15.8 bp −$16 | 170.8 bp −$1,708 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0006% | 8h | 231.58 | −0.004% | $47K | $51K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 231.45 | −0.062% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDshort | 0.0000% | 1h | 231.52 | −0.028% | $54K | $233K | 10x | |
| Binance IBMUSDTlong | 0.0000% | 8h | 231.59 | long leg | $3.8M | $5.4M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 231.47 | −0.052% | $982K | $347K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.55 | −0.017% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.55 | −0.017% | $801K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.59 | 0.000% | $786K | $337K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.55 | −0.015% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.56 | −0.011% | $933 | $160K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 231.46 | −0.056% | $1K | $476K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.92 | +0.142% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 231.50 | −0.039% | $1.2M | $2.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.44 | −0.065% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.187% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.082% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.33 | −0.112% | $1.9M | $763K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.63 | +0.017% | $195K | $34K | 20x | as long as short |
Binance IBMUSDT
Extended IBM-USD
BloFin IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM