IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.006%

Price spread now: Binance against BloFin+0.059%91s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.059% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.59	−0.0012	get 0.0012% / 8h	6h 59m	$47K	$61K	20x
Short	Binance IBMUSDT	232.73	0	get 0.0000% / 8h	6h 59m	$3.8M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.059%Rate

Funding earned: $2.43
Price spread: +0.059% → 0.000%: $5.92
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.65
Costs to cover: 0.220%
Break-even: 46.3 days

Slippage unknown: BloFin: no order-book sample; Binance: live order book, 8 min ago. 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 BloFin no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.22 bp	18.2 bp −$18	46.2 bp −$462	126.6 bp −$12.7K	doesn't fit

BloFin: 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
tradeXYZ xyz:IBM	−0.0208%	1h	232.50	−0.039%	$1.8M	$773K	10x	as long as short
BloFin IBM-USDTlong	−0.0012%	8h	232.59	long leg	$47K	$61K	20x
Aster IBMUSDT	0.0000%	8h	232.59	+0.001%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.65	+0.028%	$54K	$317K	10x	as long as short
Binance IBMUSDTshort	0.0000%	8h	232.73	+0.059%	$3.8M	$4.8M	20x
Bybit IBMUSDT	0.0000%	8h	232.64	+0.021%	$995K	$319K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.73	+0.060%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.76	+0.073%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.71	+0.052%	$782K	$293K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.69	+0.042%	$258K	$15K	—	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	232.42	−0.073%	$890	$425K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.63	+0.017%	$6K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.89	+0.129%	$38K	$45K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.560%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0036%	1h	232.67	+0.034%	$1.2M	$2.0M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.59	0.000%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.66	+0.030%	$195K	$112K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0382%	8h	232.81	+0.095%	$573	$164K	10x	as long as short