IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.045%

Price spread now: Bybit against KuCoin−0.056%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$876as in the Funding arb table

Net, price: spread back to 7d avg − costs−$854as in the Price arb table

costs, in and out, $10k−$8548.538% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.056%, 7d avg −0.050%

Together, before fees−0.278%−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IBMUSDTM	231.50	0.0100	pay 0.0100% / 8h	5h 06m	$194K	$34K	20x
Short	Bybit IBMUSDT	231.37	0	get 0.0000% / 8h	5h 06m	$978K	$349K	50x

Funding history

latest

Range statsloading…

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.056%Rate

Slippage from KuCoin: live order book, 14 min ago; Bybit: live order book, 54 min ago.

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, 14 min ago	4.97 bp	622.5 bp −$622	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 54 min ago	2.59 bp	11.7 bp −$12	82.3 bp −$823	doesn't fit	doesn't fit

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	231.47	−0.014%	$13K	$127K	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.37	−0.056%	$978K	$349K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	231.60	+0.043%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.50	0.000%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.56	+0.026%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+0.011%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.54	+0.018%	$523	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.37	−0.056%	$775	$486K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.75	+0.108%	$5K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0013%	8h	231.58	+0.035%	$665	$52K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance IBMUSDT	+0.0030%	8h	231.57	+0.030%	$3.8M	$5.4M	20x	as long as short
Lighter IBM	+0.0032%	1h	231.52	+0.009%	$38K	$43K	10x	as long as short
Extended IBM-USD	+0.0032%	1h	231.51	+0.004%	$54K	$236K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.153%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.47	−0.013%	$1.2M	$2.6M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.043%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.39	−0.048%	$1.9M	$753K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.50	long leg	$194K	$34K	20x