Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Gate−0.056%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.056%, 7d avg −0.061%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IBM_USDT | 231.39 | 0 | get 0.0000% / 8h | 4h 48m | $804K | $1.4M | 50x |
| Short | Bybit IBMUSDT | 231.26 | 0 | get 0.0000% / 8h | 4h 48m | $979K | $348K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.056% → −0.061%
- $0.53
- Slippage, 4 orders
- −$36.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.75
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 6 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, 3 min ago | 2.81 bp | 17.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 2.81 bp | 11.1 bp −$11 | 69.5 bp −$695 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | 0.0000% | 8h | 231.40 | +0.004% | $47K | $51K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 231.24 | −0.065% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDTshort | 0.0000% | 8h | 231.26 | −0.056% | $979K | $348K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.41 | +0.009% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDTlong | 0.0000% | 8h | 231.39 | long leg | $804K | $1.4M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 231.40 | +0.004% | $785K | $341K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.33 | −0.024% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.42 | +0.013% | $132 | $159K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.22 | −0.073% | $966 | $483K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.38 | −0.004% | $5K | $33K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:IBM | +0.0002% | 1h | 231.14 | −0.108% | $1.9M | $756K | 10x | as long as short |
| Extended IBM-USD | +0.0008% | 1h | 231.32 | −0.030% | $53K | $235K | 10x | as long as short |
| Binance IBMUSDT | +0.0009% | 8h | 231.39 | 0.000% | $3.9M | $5.4M | 20x | as long as short |
| QFEX IBM-USD | +0.0026% | 1h | 231.31 | −0.035% | $1.2M | $2.5M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.34 | −0.022% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.112% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.22 | −0.073% | — | — | 25x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.33 | −0.026% | $194K | $34K | 20x | as long as short |
Gate IBM_USDT
Bybit IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
tradeXYZ xyz:IBM
Extended IBM-USD
Binance IBMUSDT
Lighter IBM
Injective IBM/USDC PERP
KuCoin IBMUSDTM