IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.045%

Price spread now: KuCoin against OKX+0.013%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$834as in the Funding arb table

Net, price: spread back to 7d avg − costs−$855as in the Price arb table

costs, in and out, $10k−$8568.561% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.013%, 7d avg +0.006%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, 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	231.52	0	get 0.0000% / 8h	4h 14m	$1.4M	$1.1M	20x
Short	KuCoin IBMUSDTM	231.55	0.0100	get 0.0100% / 8h	4h 14m	$194K	$34K	20x

Funding history

latest

Range statsloading…

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.013%Rate

Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 66 min ago.

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, 2 min ago	1.30 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 66 min ago	4.97 bp	208.5 bp −$208	doesn't fit	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	231.48	−0.017%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.53	+0.003%	$54K	$237K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.59	+0.030%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.49	−0.013%	$982K	$348K	50x	as long as short
OKX IBM-USDT-SWAPlong	0.0000%	8h	231.52	long leg	$1.4M	$1.1M	20x
Gate IBM_USDT	0.0000%	8h	231.54	+0.009%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.59	+0.030%	$786K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.55	+0.015%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.57	+0.020%	$572	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.48	−0.017%	$803	$484K	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	232.04	+0.225%	$5K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0001%	8h	231.60	+0.035%	$47K	$51K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	231.50	−0.009%	$1.2M	$2.4M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.39	−0.056%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.161%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.41	−0.048%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.39	−0.056%	$1.9M	$757K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.55	+0.013%	$194K	$34K	20x