IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.041%

Price spread now: SunX against BloFin−0.065%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 SunX

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

Funding pays, the price is against you. SunX is 0.065% cheaper against BloFin than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 8.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.29	−0.0026	get 0.0026% / 8h	1h 48m	$47K	$56K	20x
Short	SunX IBM-USDT	232.14	0	get 0.0000% / 8h	1h 48m	$1K	$472K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.065%Rate

Funding earned: $5.44
Price spread: −0.065% → 0.000%: −$6.46
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$21.02
Costs to cover: 0.200%
Break-even: 34.0 days

Slippage unknown: BloFin: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago	500.27 bp	doesn't fit	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
BloFin IBM-USDTlong	−0.0026%	8h	232.29	long leg	$47K	$56K	20x
Aster IBMUSDT	0.0000%	8h	232.25	−0.016%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.28	−0.005%	$53K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.34	+0.022%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.19	−0.043%	$1.0M	$356K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.30	+0.004%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.33	+0.017%	$752K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.24	−0.022%	$780K	$343K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.31	+0.007%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.29	0.000%	$834	$164K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IBM-USDTshort	0.0000%	8h	232.14	−0.065%	$1K	$472K	10x
HTX IBM-USDT	0.0000%	8h	232.38	+0.039%	$6K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.21	−0.034%	$38K	$48K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.449%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.06	−0.099%	—	—	25x	as long as short
QFEX IBM-USD	+0.0049%	1h	232.25	−0.017%	$1.2M	$2.1M	10x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.05	−0.103%	$1.8M	$817K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.24	−0.022%	$196K	$44K	20x	as long as short