Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.039%
Price spread now: Extended against Bybit+0.040%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.040%, 7d avg +0.037%
=Together, before fees+0.075%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBMUSDT | 231.48 | 0 | get 0.0000% / 8h | 3h 43m | $982K | $347K | 50x |
| Short | Extended IBM-USD | 231.57 | 0 | get 0.0000% / 1h | 43m 35s | $53K | $233K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0
- Price spread: +0.040% → +0.037%
- $0.38
- Slippage, 4 orders
- −$41.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.68
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Extended: live order book, 8 min ago.
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, 7 min ago | 3.03 bp | 13.7 bp −$14 | 87.6 bp −$876 | doesn't fit | doesn't fit |
| Sell Extended live order book, 8 min ago | 1.94 bp | 15.9 bp −$16 | 178.5 bp −$1,785 | doesn't fit | doesn't fit |
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-USDT | −0.0014% | 8h | 231.66 | +0.078% | $47K | $51K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 231.42 | −0.024% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDshort | 0.0000% | 1h | 231.57 | +0.040% | $53K | $233K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 231.64 | +0.067% | $3.8M | $5.4M | 20x | as long as short |
| Bybit IBMUSDTlong | 0.0000% | 8h | 231.48 | long leg | $982K | $347K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.64 | +0.069% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.61 | +0.056% | $801K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.62 | +0.060% | $786K | $335K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.60 | +0.054% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.61 | +0.056% | $320 | $160K | 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 | 231.47 | −0.004% | $1K | $476K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.90 | +0.181% | $6K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 231.53 | +0.022% | $1.2M | $2.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.45 | −0.013% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.146% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.035% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.35 | −0.056% | $1.9M | $763K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.61 | +0.056% | $195K | $34K | 20x | as long as short |
Bybit IBMUSDT
Extended IBM-USD
BloFin IBM-USDT
Aster IBMUSDT
Binance IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM