Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Binance+0.139%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.139% dearer against Binance than usual: you sell high and buy low (spread +0.139% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 231.38 | 0.0053 | pay 0.0053% / 8h | 1h 05m | $3.9M | $5.8M | 20x |
| Short | HTX IBM-USDT | 231.70 | 0 | get 0.0000% / 8h | 1h 05m | $5K | $34K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$11.13
- Price spread: +0.139% → 0.000%
- $13.91
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.23
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.
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, 2 min ago | 0.22 bp | 11.9 bp −$12 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 IBMUSDT | 0.0000% | 8h | 231.18 | −0.084% | $13K | $126K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.20 | −0.077% | $976K | $381K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.31 | −0.029% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.35 | −0.012% | $812K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.32 | −0.025% | $798K | $396K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.31 | −0.028% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.15 | −0.099% | $816 | $535K | 10x | as long as short |
| HTX IBM-USDTshort | 0.0000% | 8h | 231.70 | +0.139% | $5K | $34K | 20x | |
| QFEX IBM-USD | +0.0016% | 1h | 231.30 | −0.034% | $1.2M | $3.2M | 10x | as long as short |
| BloFin IBM-USDT | +0.0028% | 8h | 231.34 | −0.017% | $46K | $52K | 20x | 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 | 231.43 | +0.022% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.108% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.20 | −0.077% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.17 | −0.090% | $2.0M | $808K | 10x | as long as short |
| Binance IBMUSDTlong | +0.0053% | 8h | 231.38 | long leg | $3.9M | $5.8M | 20x | |
| Extended IBM-USD | +0.0056% | 1h | 231.29 | −0.037% | $54K | $202K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.24 | −0.060% | $194K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0322% | 8h | 231.36 | −0.008% | $185 | $172K | 10x | as long as short |
Binance IBMUSDT
HTX IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
Extended IBM-USD
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp