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 −0.002%

Price spread now: KuCoin against Binance−0.034%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,575as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,586as in the Price arb table

costs, in and out, $10k−$1,58415.845% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.034%, 7d avg −0.024%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IBMUSDT	232.25	0	get 0.0000% / 8h	13m 04s	$3.8M	$5.6M	20x
Short	KuCoin IBMUSDTM	232.17	0.0100	get 0.0100% / 8h	13m 04s	$194K	$55K	20x

Funding history

latest

Range statsloading…

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.034%Rate

Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 18 min ago.

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, 10 min ago	0.22 bp	9.7 bp −$10	27.9 bp −$279	142.1 bp −$14.2K	doesn't fit
Sell KuCoin live order book, 18 min ago	5.39 bp	1078.5 bp −$1,079	doesn't fit	doesn't fit	doesn't fit

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	232.13	−0.052%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.19	−0.025%	$53K	$311K	10x	as long as short
Binance IBMUSDTlong	0.0000%	8h	232.25	long leg	$3.8M	$5.6M	20x
Bybit IBMUSDT	0.0000%	8h	232.05	−0.086%	$1.0M	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.22	−0.013%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.22	−0.013%	$743K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.21	−0.017%	$780K	$348K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.17	−0.036%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.18	−0.030%	$539	$167K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.10	−0.065%	$884	$472K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	232.57	+0.138%	$6K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0016%	8h	232.26	+0.004%	$47K	$59K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.32	+0.030%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.434%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0043%	1h	232.13	−0.052%	$1.2M	$2.1M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.02	−0.099%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.96	−0.125%	$1.8M	$797K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	232.17	−0.034%	$194K	$55K	20x