Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: OKX against Extended−0.004%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.004%, 7d avg +0.007%
=Together, before fees−0.047%+ Points / potential airdropExtended: Active · farm board−$5 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 | 231.37 | 0 | get 0.0000% / 1h | 1m 22s | $54K | $202K | 10x |
| Short | OKX IBM-USDT-SWAP | 231.36 | 0 | get 0.0000% / 8h | 2h 01m | $1.4M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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: −0.004% → +0.007%
- −$1.09
- Slippage, 4 orders
- −$54.06
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$70.15
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from Extended: live order book, 20 min ago; OKX: live order book, 5 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 Extended live order book, 20 min ago | 1.73 bp | 15.4 bp −$15 | 127.0 bp −$1,270 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.81 bp | 18.0 bp −$18 | 193.3 bp −$1,933 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:IBM | −0.0022% | 1h | 231.19 | −0.077% | $2.0M | $812K | 10x | as long as short |
| BloFin IBM-USDT | −0.0022% | 8h | 231.34 | −0.012% | $46K | $52K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 231.02 | −0.149% | $13K | $126K | 20x | as long as short |
| Extended IBM-USDlong | 0.0000% | 1h | 231.37 | long leg | $54K | $202K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 231.39 | +0.009% | $3.9M | $5.8M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.19 | −0.077% | $973K | $381K | 50x | as long as short |
| OKX IBM-USDT-SWAPshort | 0.0000% | 8h | 231.36 | −0.004% | $1.4M | $1.2M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 231.32 | −0.021% | $806K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.44 | +0.031% | $801K | $399K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.34 | −0.010% | $256K | $15K | — | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 231.32 | −0.021% | $1K | $536K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.59 | +0.096% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0018% | 1h | 231.40 | +0.014% | $1.2M | $3.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.27 | −0.043% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.104% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.19 | −0.077% | — | — | 25x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.11 | −0.112% | $194K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0142% | 8h | 231.39 | +0.011% | $789 | $175K | 10x | as long as short |
Extended IBM-USD
OKX IBM-USDT-SWAP
tradeXYZ xyz:IBM
BloFin IBM-USDT
Aster IBMUSDT
Binance IBMUSDT
Bybit IBMUSDT
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp