Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h +0.006%
Price spread now: Extended against BloFin−0.054%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.054% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 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 | 231.69 | 0.0207 | pay 0.0207% / 8h | 13m 51s | $46K | $52K | 20x |
| Short | Extended IBM-USD | 231.57 | 0.0192 | get 0.0024% / 1h | 13m 51s | $54K | $202K | 10x |
BloFin IBM-USDT
Extended IBM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$3.23
- Price spread: −0.054% → 0.000%
- −$5.35
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.58
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Extended: live order book, 63 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 Extended live order book, 63 min ago | 1.51 bp | 15.2 bp −$15 | 169.9 bp −$1,699 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.80 | +0.047% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.43 | −0.112% | $976K | $376K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.50 | −0.082% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.53 | −0.069% | $797K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.61 | −0.035% | $798K | $403K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.57 | −0.051% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.31 | −0.164% | $1K | $535K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.86 | +0.073% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0031% | 1h | 231.53 | −0.069% | $1.2M | $3.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.54 | −0.065% | $38K | $47K | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USD
Lighter IBMShow 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 | −13.225% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.125% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.41 | −0.121% | $2.0M | $810K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.46 | −0.099% | $194K | $34K | 20x | as long as short |
| Extended IBM-USDshort | +0.0192% | 1h | 231.57 | −0.054% | $54K | $202K | 10x | |
| Binance IBMUSDT | +0.0193% | 8h | 231.61 | −0.035% | $3.9M | $5.8M | 20x | as long as short |
| BloFin IBM-USDTlong | +0.0207% | 8h | 231.69 | long leg | $46K | $52K | 20x | |
| GRVT IBM_USDT_Perp | +0.0432% | 8h | 231.57 | −0.054% | $621 | $170K | 10x | as long as short |
Injective IBM/USDC PERP
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Binance IBMUSDT
GRVT IBM_USDT_Perp