Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.011%
Price spread now: Extended against Binance−0.011%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 2 days (all we have)−0.023%−$2 · spread now −0.011%, 7d avg −0.026%
=Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 231.61 | 0.0174 | pay 0.0174% / 8h | 7h 24m | $3.9M | $5.3M | 20x |
| Short | Extended IBM-USD | 231.59 | 0.0176 | get 0.0022% / 1h | 24m 43s | $53K | $283K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.47
- Price spread: −0.011% → −0.026%
- $1.51
- Slippage, 4 orders
- −$43.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.75
- Costs to cover
- 0.587%
- Break-even
- 847.7 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 47 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 Binance live order book, 13 min ago | 0.22 bp | 14.0 bp −$14 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 1.30 bp | 14.9 bp −$15 | 104.3 bp −$1,043 | 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 | 231.46 | −0.065% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.44 | −0.075% | $976K | $354K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.68 | +0.029% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.63 | +0.007% | $802K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.65 | +0.016% | $793K | $356K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.64 | +0.012% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.54 | −0.032% | $905 | $497K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.07 | +0.197% | $5K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0015% | 8h | 231.67 | +0.023% | $320 | $164K | 10x | as long as short |
| QFEX IBM-USD | +0.0025% | 1h | 231.55 | −0.028% | $1.2M | $3.3M | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBM | +0.0032% | 1h | 231.35 | −0.114% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.196% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.46 | −0.066% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.39 | −0.097% | $1.9M | $727K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.59 | −0.010% | $195K | $33K | 20x | as long as short |
| Binance IBMUSDTlong | +0.0174% | 8h | 231.61 | long leg | $3.9M | $5.3M | 20x | |
| Extended IBM-USDshort | +0.0176% | 1h | 231.59 | −0.011% | $53K | $283K | 10x | |
| BloFin IBM-USDT | +0.0192% | 8h | 231.61 | −0.002% | $662 | $52K | 20x | as long as short |
Binance IBMUSDT
Extended IBM-USD
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
GRVT IBM_USDT_Perp
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
BloFin IBM-USDT