Funding you earn now, next payment 11:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.007%
Price spread now: Lighter against BloFin−0.077%60s7-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
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.077% 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 60 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 | 232.83 | 0.0053 | pay 0.0053% / 8h | 5h 07m | $47K | $63K | 20x |
| Short | Lighter IBM | 232.65 | 0.0032 | get 0.0004% / 1h | 7m 52s | $37K | $47K | 10x |
BloFin IBM-USDT
Lighter IBMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$4.42
- Price spread: −0.077% → 0.000%
- −$7.73
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.15
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter: no order-book sample. 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 Lighter no order-book sample | — | — | — | — | — |
BloFin and Lighter: 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 | 232.65 | −0.077% | $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 | 232.80 | −0.013% | $743K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.67 | −0.069% | $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 | 232.58 | −0.107% | $367 | $382K | 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 | −0.031% | $3.8M | $4.7M | 20x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USD
Binance IBMUSDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBMshort | +0.0032% | 1h | 232.65 | −0.077% | $37K | $47K | 10x | |
| Extended IBM-USD | +0.0032% | 1h | 232.69 | −0.061% | $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 | 232.75 | −0.034% | — | — | 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 | 232.73 | −0.043% | $196K | $240K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0669% | 8h | 232.78 | −0.022% | $61 | $152K | 10x | as long as short |
Extended IBM-USD
Injective IBM/USDC PERP
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp