IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0207%/8h= +22.7% APRnext payment +$2.07 per $10,000 · paid last 24h +0.028%

Price spread now: BloFin against Bybit+0.112%82s7-day average — · you sell dearer than you buy

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

Long on Bybit Short on BloFin

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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.112% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 82 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	Bybit IBMUSDT	231.43	0	get 0.0000% / 8h	13m 51s	$976K	$376K	50x
Short	BloFin IBM-USDT	231.69	0.0207	get 0.0207% / 8h	13m 51s	$46K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.112%Rate

Funding earned: $43.55
Price spread: +0.112% → 0.000%: $11.23
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $31.78
Costs to cover: 0.230%
Break-even: 1.9 days

Slippage unknown: Bybit: live order book, 61 min ago; BloFin: no order-book sample. 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 Bybit live order book, 61 min ago	3.24 bp	13.5 bp −$14	85.9 bp −$859	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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	+0.160%	$13K	$127K	20x	as long as short
Bybit IBMUSDTlong	0.0000%	8h	231.43	long leg	$976K	$376K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	+0.030%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.53	+0.043%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.61	+0.078%	$798K	$403K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	+0.061%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.31	−0.052%	$1K	$535K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.86	+0.186%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.53	+0.043%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.54	+0.048%	$38K	$47K	10x	as long as short

Show 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	−13.127%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.013%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.41	−0.009%	$2.0M	$810K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.46	+0.013%	$194K	$34K	20x	as long as short
Extended IBM-USD	+0.0192%	1h	231.57	+0.059%	$54K	$202K	10x	as long as short
Binance IBMUSDT	+0.0193%	8h	231.61	+0.078%	$3.9M	$5.8M	20x	as long as short
BloFin IBM-USDTshort	+0.0207%	8h	231.69	+0.112%	$46K	$52K	20x
GRVT IBM_USDT_Perp	+0.0432%	8h	231.57	+0.059%	$621	$170K	10x	as long as short