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: HTX against KuCoin+0.164%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on HTX

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—needs both histories

The price spread pays, funding is against you. HTX is 0.164% dearer against KuCoin than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IBMUSDTM	231.30	0.0100	pay 0.0100% / 8h	36m 34s	$194K	$34K	20x
Short	HTX IBM-USDT	231.68	0	get 0.0000% / 8h	36m 34s	$5K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$21
Price spread: +0.164% → 0.000%: $16.43
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.57
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 18 min ago; HTX: 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 KuCoin live order book, 18 min ago	7.14 bp	650.4 bp −$650	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	231.86	+0.243%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.38	+0.035%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	+0.086%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.48	+0.078%	$802K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	+0.095%	$798K	$405K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.51	+0.089%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.23	−0.030%	$948	$534K	10x	as long as short
HTX IBM-USDTshort	0.0000%	8h	231.68	+0.164%	$5K	$34K	20x
QFEX IBM-USD	+0.0031%	1h	231.31	+0.004%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.54	+0.104%	$38K	$47K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.078%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.45	+0.065%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.35	+0.022%	$2.0M	$810K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.30	long leg	$194K	$34K	20x
BloFin IBM-USDT	+0.0104%	8h	231.56	+0.112%	$46K	$52K	20x	as long as short
Extended IBM-USD	+0.0112%	1h	231.51	+0.091%	$54K	$202K	10x	as long as short
Binance IBMUSDT	+0.0118%	8h	231.55	+0.108%	$3.9M	$5.8M	20x	as long as short
GRVT IBM_USDT_Perp	+0.0368%	8h	231.50	+0.086%	$715	$170K	10x	as long as short