IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%

Price spread now: Variational Omni against Binance−0.032%7-day average −0.019% · you buy dearer than you sell

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

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 2 days (all we have)0.000%$0 · spread now −0.032%, 7d avg −0.019%

Together, before fees−0.039%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, 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	231.54	0.0100	pay 0.0100% / 8h	42m 22s	$3.9M	$5.8M	20x
Short	Variational Omni IBM	231.47	0	get 0.0000% / 8h	42m 22s	$256K	$15K	—

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.032%Rate

Slippage unknown: Binance: live order book, 11 min ago; Variational Omni: RFQ quote, 37 min ago. Net counts fees only.

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, 11 min ago	0.22 bp	11.2 bp −$11	28.5 bp −$285	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 37 min ago	2.79 bp	doesn't fit	55.8 bp −$558	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
Aster IBMUSDT	0.0000%	8h	231.45	−0.038%	$13K	$126K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.36	−0.078%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	−0.017%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.49	−0.022%	$802K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	−0.009%	$798K	$405K	20x	as long as short
Variational Omni IBMshort	0.0000%	8h	231.47	−0.032%	$256K	$15K	—
SunX IBM-USDT	0.0000%	8h	231.27	−0.117%	$888	$533K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.88	+0.147%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.39	−0.065%	$1.2M	$3.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.54	0.000%	$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	−13.168%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.50	−0.017%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.30	−0.104%	$2.0M	$808K	10x	as long as short
BloFin IBM-USDT	+0.0079%	8h	231.54	0.000%	$46K	$52K	20x	as long as short
Extended IBM-USD	+0.0096%	1h	231.50	−0.018%	$54K	$202K	10x	as long as short
Binance IBMUSDTlong	+0.0100%	8h	231.54	long leg	$3.9M	$5.8M	20x
KuCoin IBMUSDTM	+0.0100%	8h	231.30	−0.104%	$194K	$34K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0361%	8h	231.47	−0.030%	$213	$169K	10x	as long as short