IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.032%

Price spread now: QFEX against KuCoin−0.026%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$845as in the Price arb table

costs, in and out, $10k−$8438.431% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.103%−$10 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.026%, 7d avg −0.012%

Together, before fees−0.102%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$2 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	231.68	0.0100	pay 0.0100% / 8h	3h 18m	$195K	$34K	20x
Short	QFEX IBM-USD	231.62	0.0030	get 0.0004% / 1h	18m 53s	$1.2M	$2.2M	10x

Funding history

latest

Range statsloading…

QFEX 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 QFEXbpOrdersPrice spread, now −0.026%Rate

Slippage from KuCoin: live order book, 52 min ago; QFEX: live order book, 3 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, 52 min ago	5.18 bp	736.5 bp −$736	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	12.30 bp	32.9 bp −$33	37.6 bp −$376	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	231.69	+0.003%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.68	−0.001%	$53K	$237K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.73	+0.024%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.54	−0.060%	$982K	$340K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.64	−0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.69	+0.004%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.67	−0.004%	$786K	$332K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.66	−0.007%	$257K	$14K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.68	0.000%	$739	$162K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.49	−0.082%	$958	$477K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	232.00	+0.138%	$6K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0003%	8h	231.74	+0.026%	$47K	$51K	20x	as long as short
QFEX IBM-USDshort	+0.0030%	1h	231.62	−0.026%	$1.2M	$2.2M	10x
Lighter IBM	+0.0032%	1h	231.57	−0.047%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.221%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.56	−0.052%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0047%	1h	231.48	−0.086%	$1.9M	$777K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.68	long leg	$195K	$34K	20x