Funding you earn now, next payment 08:00 UTC−0.0091%/8h= −9.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.048%
Price spread now: HTX against Binance+0.232%7-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 pays, funding is against you. HTX is 0.232% dearer against Binance than usual: you sell high and buy low (spread +0.232% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 231.59 | 0.0091 | pay 0.0091% / 8h | 5h 49m | $3.9M | $5.3M | 20x |
| Short | HTX IBM-USDT | 232.13 | 0 | get 0.0000% / 8h | 5h 49m | $5K | $33K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$19.05
- Price spread: +0.232% → 0.000%
- $23.21
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$17.84
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 3 min ago; HTX: 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, 3 min ago | 0.22 bp | 8.8 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 17 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 | 231.48 | −0.049% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.47 | −0.053% | $974K | $346K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.57 | −0.010% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.56 | −0.014% | $799K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.59 | −0.001% | $789K | $337K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.54 | −0.021% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.38 | −0.092% | $935 | $486K | 10x | as long as short |
| HTX IBM-USDTshort | 0.0000% | 8h | 232.13 | +0.232% | $5K | $33K | 20x | |
| Lighter IBM | +0.0032% | 1h | 231.51 | −0.036% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.188% | — | $57 | 12x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBM-USD | +0.0035% | 1h | 231.50 | −0.040% | $1.2M | $2.8M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.45 | −0.061% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.38 | −0.092% | $1.9M | $725K | 10x | as long as short |
| GRVT IBM_USDT_Perp | +0.0089% | 8h | 231.63 | +0.015% | $192 | $158K | 10x | as long as short |
| Binance IBMUSDTlong | +0.0091% | 8h | 231.59 | long leg | $3.9M | $5.3M | 20x | |
| Extended IBM-USD | +0.0096% | 1h | 231.55 | −0.019% | $53K | $235K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.63 | +0.016% | $194K | $33K | 20x | as long as short |
Binance IBMUSDT
HTX IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
GRVT IBM_USDT_Perp
Extended IBM-USD
KuCoin IBMUSDTM