IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.046%

Price spread now: Aster against KuCoin−0.042%7-day average +0.028% · you buy dearer than you sell

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

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.042%, 7d avg +0.028%

Together, before fees−0.202%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.070% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IBMUSDTM	231.12	0.0100	pay 0.0100% / 8h	2h 05m	$194K	$34K	20x
Short	Aster IBMUSDT	231.02	0	get 0.0000% / 8h	2h 05m	$13K	$126K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$21
Price spread: −0.042% → +0.028%: −$7.02
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$48.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 74 min ago; Aster: live order book, 15 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 KuCoin live order book, 74 min ago	5.40 bp	244.5 bp −$245	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 15 min ago	42.80 bp	65.0 bp −$65	doesn't fit	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
tradeXYZ xyz:IBM	−0.0032%	1h	231.20	+0.035%	$2.0M	$812K	10x	as long as short
BloFin IBM-USDT	−0.0026%	8h	231.19	+0.030%	$46K	$52K	20x	as long as short
Aster IBMUSDTshort	0.0000%	8h	231.02	−0.042%	$13K	$126K	20x
Extended IBM-USD	0.0000%	1h	231.31	+0.082%	$54K	$202K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.35	+0.101%	$3.9M	$5.8M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.19	+0.030%	$973K	$381K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.36	+0.104%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.30	+0.078%	$806K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.42	+0.130%	$803K	$395K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.24	+0.052%	$256K	$15K	—	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IBM-USDT	0.0000%	8h	231.17	+0.022%	$1K	$536K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.65	+0.229%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0018%	1h	231.37	+0.108%	$1.2M	$3.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.25	+0.056%	$38K	$50K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.011%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.23	+0.048%	—	—	25x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.12	long leg	$194K	$34K	20x
GRVT IBM_USDT_Perp	+0.0137%	8h	231.28	+0.069%	$789	$175K	10x	as long as short