IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.007%

Price spread now: Binance against BloFin−0.031%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Binance is 0.031% cheaper against BloFin than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	231.95	−0.0022	get 0.0022% / 8h	3h 14m	$47K	$51K	20x
Short	Binance IBMUSDT	231.88	0	get 0.0000% / 8h	3h 14m	$3.8M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.031%Rate

Funding earned: $4.59
Price spread: −0.031% → 0.000%: −$3.09
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.5
Costs to cover: 0.220%
Break-even: 38.3 days

Slippage unknown: BloFin: no order-book sample; Binance: live order book, 8 min ago. 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 BloFin no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.43 bp	12.3 bp −$12	22.7 bp −$227	144.4 bp −$14.4K	doesn't fit

BloFin: 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 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
BloFin IBM-USDTlong	−0.0022%	8h	231.95	long leg	$47K	$51K	20x
Aster IBMUSDT	0.0000%	8h	231.85	−0.045%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.83	−0.053%	$53K	$237K	10x	as long as short
Binance IBMUSDTshort	0.0000%	8h	231.88	−0.031%	$3.8M	$5.4M	20x
Bybit IBMUSDT	0.0000%	8h	231.73	−0.095%	$983K	$340K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.82	−0.056%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.86	−0.039%	$803K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.67	−0.121%	$786K	$332K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.84	−0.048%	$257K	$14K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.77	−0.079%	$86	$162K	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	231.68	−0.116%	$936	$478K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.19	+0.103%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	231.79	−0.069%	$1.2M	$2.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.68	−0.116%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.322%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.69	−0.112%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0049%	1h	231.66	−0.125%	$1.9M	$777K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.78	−0.073%	$195K	$34K	20x	as long as short