IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.035%

Price spread now: BloFin against Gate−0.026%93s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate IBM_USDT	232.31	0	get 0.0000% / 8h	1h 31m	$752K	$1.5M	50x
Short	BloFin IBM-USDT	232.25	0.0026	get 0.0026% / 8h	1h 31m	$47K	$56K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $5.47
Price spread: −0.026% → 0.000%: −$2.58
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.11
Costs to cover: 0.270%
Break-even: 37.8 days

Slippage unknown: Gate: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.

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, 1 min ago	3.01 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster IBMUSDT	0.0000%	8h	232.11	−0.088%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.22	−0.037%	$57K	$238K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.29	−0.009%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.14	−0.073%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.17	−0.060%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDTlong	0.0000%	8h	232.31	long leg	$752K	$1.5M	50x
Bitget IBMUSDT	0.0000%	8h	232.21	−0.043%	$780K	$343K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.34	+0.013%	$257K	$14K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.32	+0.006%	$446	$165K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.13	−0.077%	$799	$474K	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	232.33	+0.009%	$6K	$33K	20x	as long as short
BloFin IBM-USDTshort	+0.0026%	8h	232.25	−0.026%	$47K	$56K	20x
Lighter IBM	+0.0032%	1h	232.42	+0.047%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.456%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.11	−0.086%	—	—	25x	as long as short
QFEX IBM-USD	+0.0049%	1h	232.18	−0.056%	$1.2M	$2.1M	10x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.97	−0.146%	$1.8M	$817K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.16	−0.065%	$195K	$46K	20x	as long as short