IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.013%

Price spread now: QFEX against Bitget−0.017%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$410.410% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.017%, 7d avg +0.002%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IBMUSDT	232.33	0	get 0.0000% / 8h	2h 35m	$790K	$325K	20x
Short	QFEX IBM-USD	232.29	0.0030	get 0.0004% / 1h	35m 57s	$1.2M	$2.2M	10x

Funding history

latest

Range statsloading…

QFEX against Bitget. 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 BitgetbpFee QFEXbpOrdersPrice spread, now −0.017%Rate

Slippage from Bitget: live order book, 10 min ago; QFEX: live order book, 11 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 10 min ago	3.02 bp	11.9 bp −$12	31.4 bp −$314	doesn't fit	doesn't fit
Sell QFEX live order book, 11 min ago	2.59 bp	8.1 bp −$8	11.1 bp −$111	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
BloFin IBM-USDT	−0.0029%	8h	232.29	−0.017%	$47K	$52K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.26	−0.031%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.33	0.000%	$57K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.38	+0.024%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.21	−0.052%	$984K	$340K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.30	−0.013%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.36	+0.013%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDTlong	0.0000%	8h	232.33	long leg	$790K	$325K	20x
Variational Omni IBM	0.0000%	8h	232.36	+0.012%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.96	−0.159%	$93	$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	231.69	−0.275%	$1K	$475K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.62	+0.125%	$6K	$33K	20x	as long as short
QFEX IBM-USDshort	+0.0030%	1h	232.29	−0.017%	$1.2M	$2.2M	10x
Lighter IBM	+0.0032%	1h	232.14	−0.082%	$38K	$44K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.464%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.11	−0.095%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.07	−0.112%	$1.8M	$801K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.22	−0.047%	$195K	$37K	20x	as long as short