Settings8H · net · $10k
Funding arb · Price arb /

IBM

RWAall IBM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.011%
Price spread now: KuCoin against Extended+0.015%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,263as in the Price arb table
costs, in and out, $10k−$1,26412.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$14 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.015%, 7d avg +0.014%
Together, before fees+0.138%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD232.070get 0.0000% / 1h36m 15s$53K$315K10x
ShortKuCoin IBMUSDTM232.100.0100get 0.0100% / 8h36m 15s$195K$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Funding earned
$21
Price spread: +0.015% → +0.014%
$0.09
Slippage, 4 orders
−$1,246.54
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,242.45
Costs to cover
12.635%
Break-even
421.2 days
Slippage from Extended: live order book, 66 min ago; KuCoin: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 66 min ago1.08 bp14.6 bp −$15157.3 bp −$1,573doesn't fitdoesn't fit
Sell KuCoin live order book, 65 min ago6.24 bp467.7 bp −$468doesn't fitdoesn't fitdoesn't fit

IBM on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IBM-USDT−0.0003%8h232.20+0.058%$47K$59K20xas long as short
Aster IBMUSDT0.0000%8h232.32+0.111%$13K$127K20xas long as short
Extended IBM-USDlong0.0000%1h232.07long leg$53K$315K10x
Binance IBMUSDT0.0000%8h232.13+0.028%$3.8M$5.6M20xas long as short
Bybit IBMUSDT0.0000%8h232.10+0.015%$1.0M$354K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.29+0.096%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.16+0.040%$750K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.21+0.062%$780K$350K20xas long as short
Variational Omni IBM0.0000%8h232.20+0.058%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.17+0.046%$65$168K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.97−0.041%$721$471K10xas long as short
HTX IBM-USDT0.0000%8h232.38+0.135%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.24+0.075%$38K$49K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.365%$5712xas long as short
QFEX IBM-USD+0.0043%1h232.07+0.002%$1.2M$2.0M10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.95−0.050%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.94−0.054%$1.8M$796K10xas long as short
KuCoin IBMUSDTMshort+0.0100%8h232.10+0.015%$195K$50K20x