IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0196%/8h= +21.5% APRnext payment +$1.96 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against GRVT+0.031%7-day average — · you sell dearer than you buy

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

Long on GRVT 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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.031% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT IBM_USDT_Perp	231.67	0	get 0.0000% / 8h	7h 32m	$273	$164K	10x
Short	BloFin IBM-USDT	231.74	0.0196	get 0.0196% / 8h	7h 32m	$46K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now +0.031%Rate

Funding earned: $41.18
Price spread: +0.031% → 0.000%: $3.12
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $23.3
Costs to cover: 0.210%
Break-even: 3.0 days

Slippage unknown: GRVT: live order book, 35 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 GRVT live order book, 35 min ago	3.02 bp	13.0 bp −$13	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	231.68	+0.003%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.60	−0.029%	$977K	$358K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.69	+0.010%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.67	+0.001%	$803K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.65	−0.008%	$793K	$357K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.67	+0.001%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perplong	0.0000%	8h	231.67	long leg	$273	$164K	10x
SunX IBM-USDT	0.0000%	8h	231.51	−0.068%	$891	$513K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.95	+0.122%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0025%	1h	231.64	−0.012%	$1.2M	$3.3M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.44	−0.098%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.216%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.51	−0.068%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.49	−0.077%	$1.9M	$726K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.63	−0.016%	$195K	$33K	20x	as long as short
Extended IBM-USD	+0.0184%	1h	231.68	+0.006%	$53K	$323K	10x	as long as short
Binance IBMUSDT	+0.0185%	8h	231.72	+0.024%	$3.9M	$5.3M	20x	as long as short
BloFin IBM-USDTshort	+0.0196%	8h	231.74	+0.031%	$46K	$52K	20x