Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.017%71s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 231.52 | 0.0118 | pay 0.0118% / 8h | 36m 03s | $3.9M | $5.8M | 20x |
| Short | BloFin IBM-USDT | 231.56 | 0.0104 | get 0.0104% / 8h | 36m 03s | $46K | $52K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$2.85
- Price spread: +0.017% → 0.000%
- $1.73
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.12
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.22 bp | 11.1 bp −$11 | 25.9 bp −$259 | 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 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 | 231.85 | +0.143% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.38 | −0.060% | $976K | $376K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.50 | −0.009% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.52 | 0.000% | $802K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.52 | 0.000% | $798K | $405K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.49 | −0.014% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.23 | −0.125% | $948 | $533K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.95 | +0.186% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0031% | 1h | 231.31 | −0.091% | $1.2M | $3.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.53 | +0.004% | $38K | $47K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.161% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.45 | −0.030% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.35 | −0.073% | $2.0M | $810K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.30 | −0.095% | $194K | $34K | 20x | as long as short |
| BloFin IBM-USDTshort | +0.0104% | 8h | 231.56 | +0.017% | $46K | $52K | 20x | |
| Binance IBMUSDTlong | +0.0118% | 8h | 231.52 | long leg | $3.9M | $5.8M | 20x | |
| Extended IBM-USD | +0.0120% | 1h | 231.48 | −0.017% | $54K | $202K | 10x | as long as short |
| GRVT IBM_USDT_Perp | +0.0368% | 8h | 231.50 | −0.009% | $715 | $170K | 10x | as long as short |
Binance IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Extended IBM-USD
GRVT IBM_USDT_Perp