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 +0.039%

Price spread now: KuCoin against Variational Omni+0.020%7-day average −0.010% · you sell dearer than you buy

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.109%+$11 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.020%, 7d avg −0.010%

Together, before fees−0.111%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.029% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IBM	231.55	0	get 0.0000% / 8h	3h 48m	$256K	$15K	—
Short	KuCoin IBMUSDTM	231.60	0.0100	get 0.0100% / 8h	3h 48m	$195K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $21
Price spread: +0.020% → −0.010%: $2.94
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $11.94
Costs to cover: 0.120%
Break-even: 3.0 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 22 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 Variational Omni RFQ quote, 5 min ago	2.79 bp	doesn't fit	47.0 bp −$470	doesn't fit	doesn't fit
Sell KuCoin live order book, 22 min ago	5.18 bp	44.1 bp −$44	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
BloFin IBM-USDT	−0.0009%	8h	231.52	−0.015%	$46K	$51K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	231.41	−0.061%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.51	−0.018%	$54K	$233K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.58	+0.009%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.42	−0.058%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.64	+0.037%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.55	−0.002%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.55	−0.002%	$786K	$337K	20x	as long as short
Variational Omni IBMlong	0.0000%	8h	231.55	long leg	$256K	$15K	—
GRVT IBM_USDT_Perp	0.0000%	8h	231.56	+0.004%	$933	$160K	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	231.48	−0.032%	$1K	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.83	+0.119%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	231.49	−0.028%	$1.2M	$2.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.42	−0.058%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.174%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.36	−0.084%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.28	−0.119%	$1.9M	$763K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.60	+0.020%	$195K	$34K	20x