IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.024%

Price spread now: QFEX against Extended−0.010%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$430.431% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.010%, 7d avg +0.001%

Together, before fees0.000%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	232.27	0	get 0.0000% / 1h	38m 27s	$57K	$238K	10x
Short	QFEX IBM-USD	232.25	0.0049	get 0.0006% / 1h	38m 27s	$1.2M	$2.1M	10x

Funding history

latest

Range statsloading…

QFEX against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee QFEXbpOrdersPrice spread, now −0.010%Rate

Slippage from Extended: live order book, 3 min ago; QFEX: live order book, 4 min ago.

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, 3 min ago	1.08 bp	14.6 bp −$15	157.3 bp −$1,573	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.72 bp	6.7 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

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	232.17	−0.043%	$13K	$127K	20x	as long as short
Extended IBM-USDlong	0.0000%	1h	232.27	long leg	$57K	$238K	10x
Binance IBMUSDT	0.0000%	8h	232.33	+0.024%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.18	−0.040%	$1.0M	$356K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.24	−0.014%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.32	+0.020%	$752K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.23	−0.018%	$780K	$343K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.33	+0.027%	$257K	$14K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.34	+0.028%	$170	$164K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.16	−0.048%	$1K	$472K	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	232.11	−0.070%	$6K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0011%	8h	232.36	+0.038%	$47K	$56K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.41	+0.059%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.442%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.13	−0.061%	—	—	25x	as long as short
QFEX IBM-USDshort	+0.0049%	1h	232.25	−0.010%	$1.2M	$2.1M	10x
tradeXYZ xyz:IBM	+0.0050%	1h	232.18	−0.040%	$1.8M	$813K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.22	−0.023%	$195K	$46K	20x	as long as short