IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.018%

Price spread now: Bybit against BloFin−0.060%62s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Bybit

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.060% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 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	232.78	0.0029	pay 0.0029% / 8h	7h 02m	$47K	$61K	20x
Short	Bybit IBMUSDT	232.64	0	get 0.0000% / 8h	7h 02m	$995K	$319K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$6.02
Price spread: −0.060% → 0.000%: −$6.01
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$35.03
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 18 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 Bybit live order book, 18 min ago	4.09 bp	13.7 bp −$14	74.9 bp −$749	doesn't fit	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
Aster IBMUSDT	0.0000%	8h	232.63	−0.065%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.66	−0.053%	$54K	$317K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.72	−0.026%	$3.8M	$4.8M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	232.64	−0.060%	$995K	$319K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	232.76	−0.009%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.75	−0.013%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.70	−0.034%	$782K	$293K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.78	−0.001%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.52	−0.112%	$948	$427K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.63	−0.064%	$6K	$33K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IBM-USDTlong	+0.0029%	8h	232.78	long leg	$47K	$61K	20x
Lighter IBM	+0.0032%	1h	232.86	+0.034%	$38K	$45K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.631%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0036%	1h	232.69	−0.039%	$1.2M	$2.0M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.61	−0.073%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.47	−0.133%	$1.8M	$773K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.65	−0.056%	$195K	$110K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0382%	8h	232.81	+0.013%	$573	$164K	10x	as long as short