IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%

Price spread now: tradeXYZ against OKX−0.091%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$490.488% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.091%, 7d avg −0.081%

Together, before fees+0.133%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, 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	OKX IBM-USDT-SWAP	231.57	0	get 0.0000% / 8h	5h 48m	$1.4M	$1.1M	20x
Short	tradeXYZ xyz:IBM	231.36	0.0050	get 0.0006% / 1h	48m 08s	$1.9M	$726K	10x

Funding history

latest

Range statsloading…

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.091%Rate

Slippage from OKX: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago	0.22 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.08 bp	12.3 bp −$12	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	231.45	−0.052%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.47	−0.043%	$974K	$346K	50x	as long as short
OKX IBM-USDT-SWAPlong	0.0000%	8h	231.57	long leg	$1.4M	$1.1M	20x
Gate IBM_USDT	0.0000%	8h	231.55	−0.009%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.56	−0.004%	$789K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.54	−0.011%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.26	−0.134%	$934	$487K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.05	+0.207%	$5K	$34K	20x	as long as short
Lighter IBM	+0.0032%	1h	231.51	−0.026%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.180%	—	$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	231.48	−0.039%	$1.2M	$2.8M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.45	−0.052%	—	—	25x	as long as short
tradeXYZ xyz:IBMshort	+0.0050%	1h	231.36	−0.091%	$1.9M	$726K	10x
Extended IBM-USD	+0.0088%	1h	231.49	−0.036%	$53K	$235K	10x	as long as short
Binance IBMUSDT	+0.0089%	8h	231.55	−0.009%	$3.9M	$5.3M	20x	as long as short
GRVT IBM_USDT_Perp	+0.0089%	8h	231.60	+0.013%	$192	$158K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.59	+0.009%	$194K	$33K	20x	as long as short