IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0616%/8h= +67.4% APRnext payment +$6.16 per $10,000 · paid last 24h +0.031%

Price spread now: GRVT against BloFin−0.022%7-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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.022% cheaper against BloFin than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.83	0.0053	pay 0.0053% / 8h	5h 08m	$47K	$63K	20x
Short	GRVT IBM_USDT_Perp	232.78	0.0669	get 0.0669% / 8h	5h 08m	$61	$152K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.022%Rate

Funding earned: $129.35
Price spread: −0.022% → 0.000%: −$2.15
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $106.2
Costs to cover: 0.210%
Break-even: 1.3 days

Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 36 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 GRVT live order book, 36 min ago	2.36 bp	20.3 bp −$20	35.7 bp −$357	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 exchanges

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	232.67	−0.067%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.64	−0.082%	$997K	$310K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.68	−0.064%	$1.4M	$1.0M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.81	−0.009%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.72	−0.047%	$779K	$284K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.74	−0.041%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.64	−0.082%	$826	$380K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.91	+0.034%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	232.74	−0.039%	$1.2M	$2.0M	10x	as long as short
Binance IBMUSDT	+0.0030%	8h	232.76	−0.030%	$3.8M	$4.7M	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	232.62	−0.090%	$37K	$47K	10x	as long as short
Extended IBM-USD	+0.0032%	1h	232.68	−0.063%	$53K	$312K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.649%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.73	−0.043%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.55	−0.120%	$1.8M	$788K	10x	as long as short
BloFin IBM-USDTlong	+0.0053%	8h	232.83	long leg	$47K	$63K	20x
KuCoin IBMUSDTM	+0.0100%	8h	232.76	−0.030%	$196K	$240K	20x	as long as short
GRVT IBM_USDT_Perpshort	+0.0669%	8h	232.78	−0.022%	$61	$152K	10x