IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.035%

Price spread now: Gate against BloFin+0.043%7-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 Gate

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

The price spread pays, funding is against you. Gate is 0.043% dearer against BloFin than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.14	0.0010	pay 0.0010% / 8h	38m 29s	$47K	$59K	20x
Short	Gate IBM_USDT	232.24	0	get 0.0000% / 8h	38m 29s	$750K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.043%Rate

Funding earned: −$2.11
Price spread: +0.043% → 0.000%: $4.31
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$24.81
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	2.80 bp	17.2 bp −$17	208.4 bp −$2,084	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	232.29	+0.063%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.05	−0.038%	$53K	$315K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.12	−0.008%	$3.8M	$5.6M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.03	−0.047%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.29	+0.065%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDTshort	0.0000%	8h	232.24	+0.043%	$750K	$1.5M	50x
Bitget IBMUSDT	0.0000%	8h	232.22	+0.034%	$780K	$350K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.20	+0.026%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.21	+0.030%	$65	$168K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.96	−0.078%	$988	$471K	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	232.38	+0.103%	$6K	$33K	20x	as long as short
BloFin IBM-USDTlong	+0.0010%	8h	232.14	long leg	$47K	$59K	20x
Lighter IBM	+0.0032%	1h	232.23	+0.039%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.393%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0043%	1h	232.08	−0.026%	$1.2M	$2.0M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.98	−0.069%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.94	−0.086%	$1.8M	$796K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.10	−0.017%	$195K	$50K	20x	as long as short