IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.040%

Price spread now: Bybit against Extended−0.032%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.532% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.032%, 7d avg −0.037%

Together, before fees−0.058%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	231.50	0.0064	pay 0.0008% / 1h	36m 01s	$53K	$238K	10x
Short	Bybit IBMUSDT	231.43	0	get 0.0000% / 8h	5h 36m	$974K	$346K	50x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now −0.032%Rate

Slippage from Extended: live order book, 26 min ago; Bybit: live order book, 24 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, 26 min ago	1.08 bp	15.4 bp −$15	187.4 bp −$1,874	doesn't fit	doesn't fit
Sell Bybit live order book, 24 min ago	2.59 bp	11.7 bp −$12	82.3 bp −$823	doesn't fit	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	231.43	−0.033%	$13K	$127K	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.43	−0.032%	$974K	$346K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	231.47	−0.015%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.53	+0.011%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.57	+0.028%	$789K	$338K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.53	+0.011%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.31	−0.084%	$749	$487K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.93	+0.184%	$5K	$33K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0017%	8h	231.60	+0.040%	$526	$158K	10x	as long as short
Lighter IBM	+0.0032%	1h	231.51	+0.002%	$38K	$43K	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	−13.155%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.48	−0.011%	$1.2M	$2.7M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.35	−0.067%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.36	−0.062%	$1.9M	$726K	10x	as long as short
Extended IBM-USDlong	+0.0064%	1h	231.50	long leg	$53K	$238K	10x
Binance IBMUSDT	+0.0067%	8h	231.58	+0.031%	$3.9M	$5.3M	20x	as long as short
BloFin IBM-USDT	+0.0074%	8h	231.57	+0.028%	$47K	$52K	20x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.52	+0.007%	$194K	$33K	20x	as long as short