IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: tradeXYZ against Injective+15.026%7-day average — · you sell dearer than you buy

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

Long on Injective Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 15.026% dearer against Injective than usual: you sell high and buy low: +$1,503 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	Injective IBM/USDC PERP	201.05	0.0033	pay 0.0004% / 1h	2m 48s	—	$57	12x
Short	tradeXYZ xyz:IBM	231.26	0.0050	get 0.0006% / 1h	2m 48s	$1.9M	$756K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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 InjectivebpFee tradeXYZbpOrdersPrice spread, now +15.026%Rate

Funding earned: $3.5
Price spread: +15.026% → 0.000%: $1,502.61
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $1,488.09
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 5 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 5 min ago	1.51 bp	10.7 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit

Injective: 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	231.32	+15.058%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.26	+15.026%	$979K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.48	+15.136%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	+15.155%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.56	+15.175%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+15.158%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.57	+15.180%	$516	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.37	+15.081%	$775	$485K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.98	+15.384%	$5K	$33K	20x	as long as short
Binance IBMUSDT	+0.0022%	8h	231.42	+15.108%	$3.8M	$5.4M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IBM-USD	+0.0024%	1h	231.40	+15.098%	$54K	$236K	10x	as long as short
BloFin IBM-USDT	+0.0029%	8h	231.45	+15.121%	$667	$52K	20x	as long as short
Lighter IBM	+0.0032%	1h	231.41	+15.101%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERPlong	+0.0033%	1h	201.05	long leg	—	$57	12x
QFEX IBM-USD	+0.0035%	1h	231.45	+15.121%	$1.2M	$2.6M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.42	+15.106%	—	—	25x	as long as short
tradeXYZ xyz:IBMshort	+0.0050%	1h	231.26	+15.026%	$1.9M	$756K	10x
KuCoin IBMUSDTM	+0.0100%	8h	231.43	+15.111%	$194K	$34K	20x	as long as short