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 SunX−0.030%7-day average −0.046% · you buy dearer than you sell

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

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 4 days (all we have)−0.235%−$24 · spread now −0.030%, 7d avg −0.046%

Together, before fees−0.123%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, 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	SunX IBM-USDT	231.37	0	get 0.0000% / 8h	5h 02m	$775	$485K	10x
Short	tradeXYZ xyz:IBM	231.30	0.0050	get 0.0006% / 1h	2m 51s	$1.9M	$756K	10x

Funding history

latest

Range statsloading…

tradeXYZ against SunX. 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 SunXbpFee tradeXYZbpOrdersPrice spread, now −0.030%Rate

Slippage unknown: SunX: live order book, 28 min ago; tradeXYZ: live order book, 5 min ago. Net counts fees only.

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, 28 min ago	500.37 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	1.51 bp	10.7 bp −$11	19.4 bp −$194	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	231.43	+0.024%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.26	−0.048%	$979K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.48	+0.048%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	+0.065%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.56	+0.082%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+0.067%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.57	+0.086%	$516	$158K	10x	as long as short
SunX IBM-USDTlong	0.0000%	8h	231.37	long leg	$775	$485K	10x
HTX IBM-USDT	0.0000%	8h	231.98	+0.264%	$5K	$33K	20x	as long as short
Extended IBM-USD	+0.0024%	1h	231.40	+0.015%	$54K	$236K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance IBMUSDT	+0.0025%	8h	231.44	+0.029%	$3.8M	$5.4M	20x	as long as short
BloFin IBM-USDT	+0.0029%	8h	231.45	+0.035%	$667	$52K	20x	as long as short
Lighter IBM	+0.0032%	1h	231.46	+0.039%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.105%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.45	+0.035%	$1.2M	$2.6M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.42	+0.022%	—	—	25x	as long as short
tradeXYZ xyz:IBMshort	+0.0050%	1h	231.30	−0.030%	$1.9M	$756K	10x
KuCoin IBMUSDTM	+0.0100%	8h	231.43	+0.026%	$194K	$34K	20x	as long as short