IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.031%

Price spread now: Binance against tradeXYZ+0.125%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$580.584% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.125%, 7d avg +0.121%

Together, before fees−0.014%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.121%, 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	tradeXYZ xyz:IBM	232.01	0.0050	pay 0.0006% / 1h	52m 44s	$1.8M	$816K	10x
Short	Binance IBMUSDT	232.30	0	get 0.0000% / 8h	1h 52m	$3.8M	$5.5M	20x

Funding history

latest

Range statsloading…

Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee tradeXYZbpFee BinancebpOrdersPrice spread, now +0.125%Rate

Slippage from tradeXYZ: live order book, 4 min ago; Binance: live order book, 15 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 4 min ago	3.23 bp	17.4 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.22 bp	13.1 bp −$13	35.6 bp −$356	140.4 bp −$14.0K	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	−0.0006%	8h	232.32	+0.134%	$47K	$56K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.26	+0.108%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.24	+0.098%	$53K	$234K	10x	as long as short
Binance IBMUSDTshort	0.0000%	8h	232.30	+0.125%	$3.8M	$5.5M	20x
Bybit IBMUSDT	0.0000%	8h	232.15	+0.060%	$1.0M	$356K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.22	+0.091%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.23	+0.095%	$752K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.24	+0.099%	$780K	$343K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.27	+0.114%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.25	+0.104%	$14	$163K	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	232.05	+0.017%	$1K	$472K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.25	+0.103%	$6K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.15	+0.060%	$38K	$48K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.344%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.07	+0.026%	—	—	25x	as long as short
QFEX IBM-USD	+0.0049%	1h	232.15	+0.060%	$1.2M	$2.1M	10x	as long as short
tradeXYZ xyz:IBMlong	+0.0050%	1h	232.01	long leg	$1.8M	$816K	10x
KuCoin IBMUSDTM	+0.0100%	8h	232.21	+0.086%	$195K	$44K	20x	as long as short