IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.035%

Price spread now: Gate against BloFin+0.013%78s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Gate

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 78 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	231.45	0.0029	pay 0.0029% / 8h	5h 01m	$667	$52K	20x
Short	Gate IBM_USDT	231.48	0	get 0.0000% / 8h	5h 01m	$801K	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.013%Rate

Funding earned: −$6.08
Price spread: +0.013% → 0.000%: $1.3
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$31.78
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Gate: live order book, just now. 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 Gate live order book, just now	4.54 bp	16.9 bp −$17	190.9 bp −$1,909	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	231.34	−0.048%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.26	−0.082%	$979K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.48	+0.013%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDTshort	0.0000%	8h	231.48	+0.013%	$801K	$1.4M	50x
Bitget IBMUSDT	0.0000%	8h	231.56	+0.048%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+0.032%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.57	+0.052%	$516	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.37	−0.035%	$775	$485K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.98	+0.229%	$5K	$33K	20x	as long as short
Binance IBMUSDT	+0.0022%	8h	231.44	−0.002%	$3.9M	$5.4M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IBM-USD	+0.0024%	1h	231.38	−0.028%	$54K	$236K	10x	as long as short
BloFin IBM-USDTlong	+0.0029%	8h	231.45	long leg	$667	$52K	20x
Lighter IBM	+0.0032%	1h	231.41	−0.017%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.135%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.36	−0.039%	$1.2M	$2.6M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.32	−0.056%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.24	−0.091%	$1.9M	$756K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.42	−0.013%	$194K	$34K	20x	as long as short