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: SunX against KuCoin−0.060%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.060%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, 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 | 231.45 | 0.0100 | pay 0.0100% / 8h | 15m 04s | $194K | $34K | 20x |
| Short | SunX IBM-USDT | 231.31 | 0 | get 0.0000% / 8h | 15m 04s | $1K | $535K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.060% → −0.051%
- −$0.9
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$41.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 39 min ago; SunX: live order book, 46 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, 39 min ago | 7.14 bp | 650.4 bp −$650 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 46 min ago | 500.35 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.81 | +0.154% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.42 | −0.013% | $976K | $376K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.50 | +0.022% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.52 | +0.030% | $797K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.61 | +0.069% | $798K | $403K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.57 | +0.052% | $256K | $15K | — | as long as short |
| SunX IBM-USDTshort | 0.0000% | 8h | 231.31 | −0.060% | $1K | $535K | 10x | |
| HTX IBM-USDT | 0.0000% | 8h | 231.98 | +0.229% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0031% | 1h | 231.52 | +0.030% | $1.2M | $3.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.54 | +0.039% | $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 | −13.135% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.022% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.44 | −0.004% | $2.0M | $814K | 10x | as long as short |
| KuCoin IBMUSDTMlong | +0.0100% | 8h | 231.45 | long leg | $194K | $34K | 20x | |
| Binance IBMUSDT | +0.0189% | 8h | 231.59 | +0.060% | $3.9M | $5.8M | 20x | as long as short |
| Extended IBM-USD | +0.0192% | 1h | 231.55 | +0.041% | $54K | $202K | 10x | as long as short |
| BloFin IBM-USDT | +0.0207% | 8h | 231.69 | +0.104% | $46K | $52K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0432% | 8h | 231.57 | +0.050% | $621 | $170K | 10x | as long as short |
KuCoin IBMUSDTM
SunX IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
Binance IBMUSDT
Extended IBM-USD
BloFin IBM-USDT
GRVT IBM_USDT_Perp