IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.011%

Price spread now: Binance against Extended+0.033%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$530.528% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 2 days (all we have)+0.001%$0 · spread now +0.033%, 7d avg +0.026%

Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	231.41	0.0160	pay 0.0020% / 1h	6m 30s	$53K	$234K	10x
Short	Binance IBMUSDT	231.49	0.0155	get 0.0155% / 8h	7h 06m	$3.9M	$5.3M	20x

Funding history

latest

Range statsloading…

Binance against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now +0.033%Rate

Slippage from Extended: live order book, 65 min ago; Binance: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 65 min ago	1.30 bp	15.6 bp −$16	190.7 bp −$1,907	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.43 bp	13.1 bp −$13	44.8 bp −$448	151.8 bp −$15.2K	doesn't fit

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	231.38	−0.012%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.36	−0.022%	$974K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.45	+0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.44	+0.012%	$800K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.53	+0.051%	$792K	$347K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.56	+0.063%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.42	+0.004%	$1K	$489K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.81	+0.172%	$5K	$34K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0025%	8h	231.58	+0.072%	$412	$162K	10x	as long as short
QFEX IBM-USD	+0.0025%	1h	231.40	−0.005%	$1.2M	$3.2M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.36	−0.022%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.120%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.31	−0.044%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.33	−0.035%	$1.9M	$721K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.44	+0.012%	$194K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0142%	8h	231.61	+0.086%	$665	$52K	20x	as long as short
Binance IBMUSDTshort	+0.0155%	8h	231.49	+0.033%	$3.9M	$5.3M	20x
Extended IBM-USDlong	+0.0160%	1h	231.41	long leg	$53K	$234K	10x