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 +0.046%

Price spread now: KuCoin against SunX+0.022%7-day average +0.051% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.226%+$23 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.022%, 7d avg +0.051%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.030% cheaper against SunX than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.051%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX IBM-USDT	231.54	0	get 0.0000% / 8h	7h 26m	$905	$497K	10x
Short	KuCoin IBMUSDTM	231.59	0.0100	get 0.0100% / 8h	7h 26m	$195K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $21
Price spread: +0.022% → +0.051%: −$2.97
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1.97
Costs to cover: 0.200%
Break-even: 7.7 days

Slippage unknown: SunX: live order book, 25 min ago; KuCoin: live order book, 18 min ago. Net counts fees only.

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 SunX live order book, 25 min ago	504.94 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 18 min ago	6.05 bp	89.6 bp −$90	doesn't fit	doesn't fit	doesn't fit

IBM on 18 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	231.47	−0.032%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.48	−0.026%	$977K	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.71	+0.073%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.64	+0.043%	$802K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.65	+0.048%	$793K	$356K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.64	+0.044%	$256K	$15K	—	as long as short
SunX IBM-USDTlong	0.0000%	8h	231.54	long leg	$905	$497K	10x
HTX IBM-USDT	0.0000%	8h	232.07	+0.229%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0025%	1h	231.61	+0.030%	$1.2M	$3.3M	10x	as long as short
GRVT IBM_USDT_Perp	+0.0026%	8h	231.67	+0.056%	$273	$164K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.36	−0.078%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.168%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.46	−0.035%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.43	−0.048%	$1.9M	$727K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.59	+0.022%	$195K	$33K	20x
Extended IBM-USD	+0.0176%	1h	231.62	+0.036%	$53K	$289K	10x	as long as short
Binance IBMUSDT	+0.0176%	8h	231.67	+0.056%	$3.9M	$5.3M	20x	as long as short
BloFin IBM-USDT	+0.0199%	8h	231.74	+0.086%	$663	$52K	20x	as long as short