Funding you earn now, next payment 23:00 UTC+0.0023%/8h= +2.6% APRpaid last 24h +0.005%
Price spread now: Extended against BloFin−0.047%74s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Extended is 0.047% cheaper against BloFin than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.7 days of funding at the current rate (+$1 a day). The two prices were read 74 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 | 231.41 | 0.0017 | pay 0.0017% / 8h | 1h 14m | $46K | $52K | 20x |
| Short | Extended IBM-USD | 231.30 | 0.0040 | get 0.0005% / 1h | 14m 03s | $54K | $202K | 10x |
BloFin IBM-USDT
Extended IBM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- $4.92
- Price spread: −0.047% → 0.000%
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.77
- Costs to cover
- 0.170%
- Break-even
- 30.9 days
Slippage unknown: BloFin: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago | 1.51 bp | 15.2 bp −$15 | 169.9 bp −$1,699 | 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 | 231.33 | −0.034% | $13K | $126K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.19 | −0.095% | $975K | $381K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.31 | −0.043% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.34 | −0.030% | $812K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.41 | 0.000% | $798K | $395K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.39 | −0.010% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.16 | −0.108% | $758 | $535K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.76 | +0.151% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0016% | 1h | 231.31 | −0.043% | $1.2M | $3.2M | 10x | as long as short |
| BloFin IBM-USDTlong | +0.0017% | 8h | 231.41 | long leg | $46K | $52K | 20x |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBM | +0.0032% | 1h | 231.42 | +0.004% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.120% | — | $57 | 12x | as long as short |
| Extended IBM-USDshort | +0.0040% | 1h | 231.30 | −0.047% | $54K | $202K | 10x | |
| Binance IBMUSDT | +0.0044% | 8h | 231.34 | −0.029% | $3.9M | $5.8M | 20x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.23 | −0.078% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.19 | −0.095% | $2.0M | $808K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.24 | −0.073% | $194K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0313% | 8h | 231.38 | −0.013% | $192 | $172K | 10x | as long as short |
Lighter IBM
Injective IBM/USDC PERP
Binance IBMUSDT
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp