IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.012%

Price spread now: Aster against QFEX+0.044%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$231as in the Price arb table

costs, in and out, $10k−$2322.319% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.044%, 7d avg +0.036%

Together, before fees−0.063%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IBM-USD	231.97	0.0036	pay 0.0005% / 1h	52m 45s	$1.2M	$2.1M	10x
Short	Aster IBMUSDT	232.07	0	get 0.0000% / 8h	7h 52m	$13K	$127K	20x

Funding history

latest

Range statsloading…

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now +0.044%Rate

Slippage from QFEX: live order book, 5 min ago; Aster: live order book, 43 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 5 min ago	1.73 bp	7.1 bp −$7	13.6 bp −$136	doesn't fit	doesn't fit
Sell Aster live order book, 43 min ago	40.00 bp	78.3 bp −$78	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
BloFin IBM-USDT	−0.0003%	8h	231.99	+0.009%	$47K	$60K	20x	as long as short
Aster IBMUSDTshort	0.0000%	8h	232.07	+0.044%	$13K	$127K	20x
Extended IBM-USD	0.0000%	1h	232.01	+0.019%	$53K	$311K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.10	+0.055%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.92	−0.022%	$1.0M	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.17	+0.086%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.18	+0.091%	$742K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.08	+0.047%	$779K	$334K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.81	−0.070%	$256K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.97	0.000%	$540	$167K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IBM-USDT	0.0000%	8h	231.82	−0.065%	$1K	$456K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.07	+0.043%	$6K	$33K	20x	as long as short
tradeXYZ xyz:IBM	+0.0010%	1h	231.93	−0.017%	$1.8M	$801K	10x	as long as short
Lighter IBM	+0.0032%	1h	232.06	+0.039%	$38K	$45K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.329%	—	$57	12x	as long as short
QFEX IBM-USDlong	+0.0036%	1h	231.97	long leg	$1.2M	$2.1M	10x
Vest IBM-USD-PERP	+0.0046%	1h	231.82	−0.065%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.99	+0.009%	$194K	$61K	20x	as long as short