TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG251.2400.0000% / 8h3h 12m$319K$215K50xLong MEXC
SHORT251.4500.0000% / 8h3h 12m$1K$614K10xShort SunX≤10% back
Price gap+0.084%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$90.0000% /8h now · paid −0.095% over the last 7D
Price+$9spread +0.084% now, avg −0.005% → +0.089% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$1−0.01%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.084%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IBM on 22 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than SunX’s order book right now.
  • Note: Margin at max leverage$200 + $1,000
    MEXC 50x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long MEXC: 3 payments, $0.00; short SunX: 3 payments, $0.00.
  • OK: Entry gap works for you+0.084% vs −0.005%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$1K vs $319K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · SunX No
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0045%/8h × 21 periods−$9.46
Price spread+0.084% → −0.005% (7d avg)+$8.87
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee MEXC bp × 2 orders−$8.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: MEXC: live order book, 6 min ago; SunX: live order book, 68 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC0.807.5 bp−$8131.2 bp−$1,312217.8 bp−$21.8Kdoesn’t fit
SELL · SHORTSunX484.59doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

IBM news

posts that mention IBM, from every exchangeSearch all news →
10-27 04:59BingXOtherIBM's growth story is picking up momentum 🚀 Software revenue jumped 8% as $IBM raised its free cash flow outlook. Here's what's driving its latest earnings beat 👇 @BingXOfficial on X ↗
10-22 16:30Vest MarketsOtherTrade $IBM post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗
10-22 16:30Vest MarketsOther$IBM reported Q3 revenue of $17.10B versus the $16.82B expected, with operating EPS of $2.95 versus $2.86. Software revenue rose 8% YoY to $7.80B, with Red Hat up 11% and IBM Z down 20%, and $IBM raised its full-year free cash flow growth outlook to more than $1B. Shares are down around 0.7% on the session, with the software rebound's durability in focus against an unchanged 4%-5% revenue growth outlook. @VestExchange on X ↗
10-21 16:36PhoenixOtherMeta, Tesla, IBM, and Texas Instruments report earnings after the close today. $META $TSLA $IBM $TXN trade 24/7 on Phoenix. @PhoenixTrade on X ↗
10-20 18:07PhemexOtherSouth Korea’s KOSPI briefly fell below 5,500 as AI financing concerns weighed on tech stocks. $BTC has held up relatively well—for now. With yields in focus and Tesla, Meta, and IBM earnings ahead, can BTC stay resilient if equities face another wave of selling? 🔗 Read full: @Phemex_official on X ↗
10-20 15:02tradeXYZOtherBig week for earnings on TradeXYZ: Tue 10/20: SpaceX (SPCX), Netflix (NFLX) Wed 10/21: Tesla (TSLA), Meta (META), IBM, Lam Research (LRCX) Thu 10/22: Nokia (NOK), Western Digital (WDC), Bloom Energy (BE), Blackstone (BX) @tradexyz on X ↗