Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against Bybit+0.069%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.676% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.069%, 7d avg +0.062%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBMUSDT | 231.17 | 0 | get 0.0000% / 8h | 6h 23m | $972K | $346K | 50x |
| Short | Gate IBM_USDT | 231.33 | 0 | get 0.0000% / 8h | 6h 23m | $798K | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: +0.069% → +0.062%
- $0.74
- Slippage, 4 orders
- −$41.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.88
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 41 min ago; Gate: live order book, 3 min ago.
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 Bybit live order book, 41 min ago | 4.11 bp | 15.1 bp −$15 | 83.7 bp −$837 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.03 bp | 19.6 bp −$20 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
IBM on 17 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 | 231.14 | −0.012% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDTlong | 0.0000% | 8h | 231.17 | long leg | $972K | $346K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.25 | +0.035% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDTshort | 0.0000% | 8h | 231.33 | +0.069% | $798K | $1.4M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 231.36 | +0.082% | $791K | $338K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.34 | +0.074% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.16 | −0.004% | $1K | $487K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.84 | +0.290% | $5K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0019% | 8h | 231.33 | +0.067% | $507 | $160K | 10x | as long as short |
| QFEX IBM-USD | +0.0029% | 1h | 231.31 | +0.061% | $1.2M | $3.0M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.029% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.14 | −0.013% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.16 | −0.004% | $1.9M | $723K | 10x | as long as short |
| Lighter IBM | +0.0072% | 1h | 231.47 | +0.130% | $38K | $43K | 10x | as long as short |
| Extended IBM-USD | +0.0096% | 1h | 231.33 | +0.068% | $54K | $232K | 10x | as long as short |
| Binance IBMUSDT | +0.0098% | 8h | 231.37 | +0.089% | $3.9M | $5.2M | 20x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.19 | +0.009% | $194K | $33K | 20x | as long as short |
Bybit IBMUSDT
Gate IBM_USDT
Aster IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
GRVT IBM_USDT_Perp
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
Lighter IBM
Extended IBM-USD
Binance IBMUSDT
KuCoin IBMUSDTM