IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.041%

Price spread now: Bybit against BloFin−0.047%102s7-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 Bybit

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. Bybit is 0.047% cheaper against BloFin than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8.9 days of funding at the current rate (+$1 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.19	−0.0018	get 0.0018% / 8h	2h 23m	$47K	$52K	20x
Short	Bybit IBMUSDT	232.08	0	get 0.0000% / 8h	2h 23m	$983K	$340K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.047%Rate

Funding earned: $3.73
Price spread: −0.047% → 0.000%: −$4.74
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$24.01
Costs to cover: 0.230%
Break-even: 52.1 days

Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 22 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 Bybit live order book, 22 min ago	3.88 bp	12.5 bp −$12	70.9 bp −$709	doesn't fit	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	−0.0018%	8h	232.19	long leg	$47K	$52K	20x
Aster IBMUSDT	0.0000%	8h	232.14	−0.024%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.15	−0.017%	$57K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.21	+0.010%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	232.08	−0.047%	$983K	$340K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	232.11	−0.034%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.19	0.000%	$804K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.22	+0.013%	$790K	$325K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.06	−0.055%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.20	+0.004%	$77	$161K	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	231.92	−0.116%	$851	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.38	+0.082%	$6K	$33K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	232.14	−0.022%	$1.2M	$2.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.08	−0.047%	$38K	$44K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.411%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.95	−0.103%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.93	−0.112%	$1.8M	$807K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.07	−0.052%	$194K	$39K	20x	as long as short