IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.018%

Price spread now: BloFin against Variational Omni−0.007%101s7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IBM	232.76	0	get 0.0000% / 8h	6h 19m	$258K	$15K	—
Short	BloFin IBM-USDT	232.74	0.0006	get 0.0006% / 8h	6h 19m	$47K	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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 Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.007%Rate

Funding earned: $1.24
Price spread: −0.007% → 0.000%: −$0.74
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.51
Costs to cover: 0.120%
Break-even: 72.2 days

Slippage unknown: Variational Omni: RFQ quote, 32 min ago; BloFin: no order-book sample. 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 Variational Omni RFQ quote, 32 min ago	5.50 bp	doesn't fit	89.1 bp −$891	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

IBM on 18 exchanges

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	232.58	−0.076%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.73	−0.012%	$53K	$313K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.80	+0.018%	$3.8M	$4.7M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.65	−0.046%	$1.0M	$308K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.80	+0.018%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.82	+0.027%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.77	+0.005%	$780K	$288K	20x	as long as short
Variational Omni IBMlong	0.0000%	8h	232.76	long leg	$258K	$15K	—
SunX IBM-USDT	0.0000%	8h	232.46	−0.128%	$1K	$404K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.77	+0.005%	$6K	$33K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IBM-USDTshort	+0.0006%	8h	232.74	−0.007%	$47K	$61K	20x
QFEX IBM-USD	+0.0015%	1h	232.73	−0.012%	$1.2M	$2.0M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.72	−0.016%	$37K	$47K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.622%	—	$57	12x	as long as short
tradeXYZ xyz:IBM	+0.0043%	1h	232.65	−0.046%	$1.8M	$789K	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.63	−0.055%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.76	+0.001%	$195K	$158K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0359%	8h	232.77	+0.005%	$293	$156K	10x	as long as short