Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%
Price spread now: Extended against GRVT−0.052%72s7-day average −0.028% · 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—prices read too far apart to compare
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now −0.052%, 7d avg −0.028%
=Together, before fees−0.357%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.024% cheaper against GRVT than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 72 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 | GRVT IBM_USDT_Perp | 232.21 | 0 | get 0.0000% / 8h | 38m 06s | $65 | $168K | 10x |
| Short | Extended IBM-USD | 232.09 | 0 | get 0.0000% / 1h | 38m 06s | $53K | $315K | 10x |
GRVT IBM_USDT_Perp
Extended IBM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GRVT. 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: −0.052% → −0.028%
- −$2.37
- Slippage, 4 orders
- −$48.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.96
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; Extended: live order book, 64 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 GRVT live order book, 59 min ago | 1.72 bp | 15.0 bp −$15 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 1.08 bp | 15.1 bp −$15 | 136.7 bp −$1,367 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 232.31 | +0.044% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDshort | 0.0000% | 1h | 232.09 | −0.052% | $53K | $315K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 232.15 | −0.027% | $3.8M | $5.6M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.07 | −0.060% | $1.0M | $354K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.29 | +0.035% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.23 | +0.009% | $750K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.22 | +0.005% | $780K | $350K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.20 | −0.004% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perplong | 0.0000% | 8h | 232.21 | long leg | $65 | $168K | 10x | |
| SunX IBM-USDT | 0.0000% | 8h | 231.96 | −0.107% | $988 | $471K | 10x | as long as short |
Aster IBMUSDT
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.38 | +0.073% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0010% | 8h | 232.14 | −0.030% | $47K | $59K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.23 | +0.009% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.419% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0043% | 1h | 232.08 | −0.056% | $1.2M | $2.0M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.98 | −0.099% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.92 | −0.125% | $1.8M | $796K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.11 | −0.043% | $195K | $50K | 20x | as long as short |
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
QFEX IBM-USD
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM