IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.91 per $10,000 · paid last 24h +0.017%

Price spread now: KuCoin against BloFin−0.082%110s7-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 KuCoin

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 −$3 a day on $10k at the current rate, and KuCoin is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 110 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	231.64	0.0191	pay 0.0191% / 8h	15m 24s	$46K	$52K	20x
Short	KuCoin IBMUSDTM	231.45	0.0100	get 0.0100% / 8h	15m 24s	$194K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$19.09
Price spread: −0.082% → 0.000%: −$8.2
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.29
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 39 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 KuCoin live order book, 39 min ago	7.14 bp	44.2 bp −$44	doesn't fit	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	231.80	+0.067%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.41	−0.099%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	−0.060%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	−0.052%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.60	−0.017%	$798K	$403K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	−0.030%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.31	−0.142%	$1K	$535K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.82	+0.078%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.52	−0.052%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.54	−0.043%	$38K	$47K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.206%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.104%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.112%	$2.0M	$814K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.45	−0.082%	$194K	$34K	20x
Extended IBM-USD	+0.0184%	1h	231.55	−0.041%	$54K	$202K	10x	as long as short
Binance IBMUSDT	+0.0189%	8h	231.59	−0.020%	$3.9M	$5.8M	20x	as long as short
BloFin IBM-USDTlong	+0.0191%	8h	231.64	long leg	$46K	$52K	20x
GRVT IBM_USDT_Perp	+0.0432%	8h	231.57	−0.032%	$621	$170K	10x	as long as short