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 −0.002%

Price spread now: KuCoin against Binance−0.018%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$791as in the Funding arb table

Net, price: spread back to 7d avg − costs−$800as in the Price arb table

costs, in and out, $10k−$8018.006% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.018%, 7d avg −0.024%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IBMUSDT	231.59	0	get 0.0000% / 8h	4h 07m	$3.8M	$5.4M	20x
Short	KuCoin IBMUSDTM	231.55	0.0100	get 0.0100% / 8h	4h 07m	$194K	$34K	20x

Funding history

latest

Range statsloading…

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.018%Rate

Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 3 min ago.

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, 15 min ago	0.22 bp	9.5 bp −$9	34.3 bp −$343	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	5.18 bp	44.1 bp −$44	doesn't fit	doesn't fit	doesn't fit

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	−0.0007%	8h	231.58	−0.005%	$47K	$51K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	231.44	−0.065%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.52	−0.030%	$54K	$233K	10x	as long as short
Binance IBMUSDTlong	0.0000%	8h	231.59	long leg	$3.8M	$5.4M	20x
Bybit IBMUSDT	0.0000%	8h	231.47	−0.052%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.54	−0.022%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.53	−0.026%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.57	−0.009%	$786K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	−0.030%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.56	−0.013%	$565	$158K	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	231.47	−0.052%	$803	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.02	+0.185%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	231.42	−0.074%	$1.2M	$2.4M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.42	−0.074%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.187%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.082%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.40	−0.082%	$1.9M	$758K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.55	−0.018%	$194K	$34K	20x