Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Binance against Extended+0.027%7-day average +0.038% · 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−$55as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.027%, 7d avg +0.038%
=Together, before fees+0.094%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IBM-USD | 231.82 | 0 | get 0.0000% / 1h | 16m 21s | $53K | $237K | 10x |
| Short | Binance IBMUSDT | 231.89 | 0 | get 0.0000% / 8h | 3h 16m | $3.8M | $5.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.027% → +0.038%
- −$1.03
- Slippage, 4 orders
- −$39.27
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$55.3
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from Extended: live order book, 35 min ago; Binance: live order book, 6 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 Extended live order book, 35 min ago | 1.94 bp | 16.3 bp −$16 | 186.8 bp −$1,868 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.43 bp | 12.3 bp −$12 | 22.7 bp −$227 | 144.4 bp −$14.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.85 | +0.010% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDlong | 0.0000% | 1h | 231.82 | long leg | $53K | $237K | 10x | |
| Binance IBMUSDTshort | 0.0000% | 8h | 231.89 | +0.027% | $3.8M | $5.4M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 231.67 | −0.067% | $983K | $340K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.87 | +0.020% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.86 | +0.015% | $803K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.67 | −0.067% | $786K | $332K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.66 | −0.069% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.68 | −0.062% | $739 | $162K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.59 | −0.101% | $936 | $478K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.24 | +0.179% | $6K | $34K | 20x | as long as short |
| BloFin IBM-USDT | +0.0016% | 8h | 231.75 | −0.032% | $47K | $51K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 231.77 | −0.024% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.65 | −0.075% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.275% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.69 | −0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0047% | 1h | 231.59 | −0.101% | $1.9M | $777K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.77 | −0.024% | $195K | $34K | 20x | as long as short |
Extended IBM-USD
Binance IBMUSDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM