Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.039%
Price spread now: Extended against OKX+0.001%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.001%, 7d avg −0.007%
=Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, 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 | OKX IBM-USDT-SWAP | 231.56 | 0 | get 0.0000% / 8h | 5h 57m | $1.4M | $1.1M | 20x |
| Short | Extended IBM-USD | 231.56 | 0.0096 | get 0.0012% / 1h | 57m 57s | $53K | $237K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $20.16
- Price spread: +0.001% → −0.007%
- $0.75
- Slippage, 4 orders
- −$36.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$30.9
- Costs to cover
- 0.518%
- Break-even
- 17.7 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 4 min ago.
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 OKX live order book, 4 min ago | 1.08 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.08 bp | 15.0 bp −$15 | 175.9 bp −$1,759 | doesn't fit | doesn't fit |
IBM on 17 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 | 231.39 | −0.075% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.46 | −0.043% | $974K | $346K | 50x | as long as short |
| OKX IBM-USDT-SWAPlong | 0.0000% | 8h | 231.56 | long leg | $1.4M | $1.1M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 231.54 | −0.009% | $799K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.59 | +0.013% | $792K | $335K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.60 | +0.017% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.30 | −0.112% | $877 | $487K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.03 | +0.203% | $5K | $34K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.51 | −0.022% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.176% | — | $57 | 12x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBM-USD | +0.0035% | 1h | 231.53 | −0.013% | $1.2M | $2.8M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.069% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.39 | −0.073% | $1.9M | $725K | 10x | as long as short |
| GRVT IBM_USDT_Perp | +0.0076% | 8h | 231.53 | −0.011% | $285 | $158K | 10x | as long as short |
| Binance IBMUSDT | +0.0092% | 8h | 231.62 | +0.026% | $3.9M | $5.2M | 20x | as long as short |
| Extended IBM-USDshort | +0.0096% | 1h | 231.56 | +0.001% | $53K | $237K | 10x | |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.49 | −0.030% | $194K | $33K | 20x | as long as short |
OKX IBM-USDT-SWAP
Extended IBM-USD
Aster IBMUSDT
Bybit IBMUSDT
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
GRVT IBM_USDT_Perp
Binance IBMUSDT
KuCoin IBMUSDTM