Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.019%
Price spread now: Extended against tradeXYZ+0.094%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.094%, 7d avg +0.080%
=Together, before fees−0.083%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.080%, 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 | 231.94 | 0.0050 | pay 0.0006% / 1h | 8m 47s | $1.8M | $799K | 10x |
| Short | Extended IBM-USD | 232.16 | 0 | get 0.0000% / 1h | 8m 47s | $53K | $311K | 10x |
tradeXYZ xyz:IBM
Extended IBM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.094% → +0.080%
- $1.48
- Slippage, 4 orders
- −$35.36
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$67.38
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 29 min ago.
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 tradeXYZ live order book, 9 min ago | 1.51 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 1.94 bp | 15.8 bp −$16 | 129.6 bp −$1,296 | 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 | 232.08 | +0.062% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDshort | 0.0000% | 1h | 232.16 | +0.094% | $53K | $311K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 232.20 | +0.113% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.03 | +0.039% | $1.0M | $349K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.12 | +0.078% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.21 | +0.116% | $743K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.21 | +0.116% | $780K | $346K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.19 | +0.108% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.21 | +0.116% | $93 | $168K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.06 | +0.052% | $900 | $471K | 10x | as long as short |
Aster IBMUSDT
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.48 | +0.233% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0017% | 8h | 232.23 | +0.125% | $47K | $60K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.32 | +0.164% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.318% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0043% | 1h | 232.13 | +0.082% | $1.2M | $2.1M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.02 | +0.034% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBMlong | +0.0050% | 1h | 231.94 | long leg | $1.8M | $799K | 10x | |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.15 | +0.091% | $194K | $55K | 20x | as long as short |
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
QFEX IBM-USD
Vest IBM-USD-PERP
KuCoin IBMUSDTM