Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Gate−0.003%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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+0.025%+$3 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.003%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IBM_USDT | 232.70 | 0 | get 0.0000% / 8h | 7h 15m | $743K | $1.4M | 50x |
| Short | Binance IBMUSDT | 232.69 | 0 | get 0.0000% / 8h | 7h 15m | $3.8M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.003% → +0.007%
- −$1.03
- Slippage, 4 orders
- −$44.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.16
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 7 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 Gate live order book, 2 min ago | 3.22 bp | 17.7 bp −$18 | 211.8 bp −$2,118 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.22 bp | 14.2 bp −$14 | 38.3 bp −$383 | 134.6 bp −$13.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0008% | 8h | 232.61 | −0.039% | $47K | $60K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 232.49 | −0.090% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.64 | −0.026% | $57K | $315K | 10x | as long as short |
| Binance IBMUSDTshort | 0.0000% | 8h | 232.69 | −0.003% | $3.8M | $5.5M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 232.55 | −0.064% | $994K | $336K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.78 | +0.034% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDTlong | 0.0000% | 8h | 232.70 | long leg | $743K | $1.4M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 232.50 | −0.086% | $781K | $308K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.57 | −0.055% | $258K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.06 | −0.275% | $933 | $452K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.71 | +0.004% | $6K | $33K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.55 | −0.064% | $38K | $45K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.601% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0036% | 1h | 232.66 | −0.017% | $1.2M | $2.0M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.46 | −0.103% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 232.47 | −0.099% | $1.8M | $807K | 10x | as long as short |
| GRVT IBM_USDT_Perp | +0.0082% | 8h | 232.45 | −0.107% | $209 | $164K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.53 | −0.073% | $195K | $96K | 20x | as long as short |
Gate IBM_USDT
Binance IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
GRVT IBM_USDT_Perp
KuCoin IBMUSDTM