Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.017%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.017%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IBMUSDT | 231.64 | 0 | get 0.0000% / 8h | 7h 24m | $793K | $356K | 20x |
| Short | OKX IBM-USDT-SWAP | 231.68 | 0 | get 0.0000% / 8h | 7h 24m | $1.4M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- Price spread: +0.017% → +0.009%
- $0.78
- Slippage, 4 orders
- −$35.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.16
- Costs to cover
- 0.579%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; OKX: live order book, 2 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 Bitget live order book, 46 min ago | 2.37 bp | 10.7 bp −$11 | 38.7 bp −$387 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.43 bp | 19.3 bp −$19 | 197.9 bp −$1,979 | 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 | 231.45 | −0.083% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.48 | −0.069% | $977K | $354K | 50x | as long as short |
| OKX IBM-USDT-SWAPshort | 0.0000% | 8h | 231.68 | +0.017% | $1.4M | $1.1M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 231.60 | −0.017% | $802K | $1.5M | 50x | as long as short |
| Bitget IBMUSDTlong | 0.0000% | 8h | 231.64 | long leg | $793K | $356K | 20x | |
| Variational Omni IBM | 0.0000% | 8h | 231.64 | +0.001% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.54 | −0.043% | $905 | $497K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.07 | +0.186% | $5K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0015% | 8h | 231.67 | +0.012% | $320 | $164K | 10x | as long as short |
| QFEX IBM-USD | +0.0025% | 1h | 231.54 | −0.043% | $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 | −0.125% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.206% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.44 | −0.086% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.39 | −0.108% | $1.9M | $727K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.58 | −0.026% | $195K | $33K | 20x | as long as short |
| Binance IBMUSDT | +0.0174% | 8h | 231.64 | −0.001% | $3.9M | $5.3M | 20x | as long as short |
| Extended IBM-USD | +0.0176% | 1h | 231.57 | −0.030% | $53K | $283K | 10x | as long as short |
| BloFin IBM-USDT | +0.0192% | 8h | 231.61 | −0.013% | $662 | $52K | 20x | as long as short |
Bitget IBMUSDT
OKX IBM-USDT-SWAP
Aster IBMUSDT
Bybit IBMUSDT
Gate IBM_USDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
GRVT IBM_USDT_Perp
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Binance IBMUSDT
Extended IBM-USD
BloFin IBM-USDT