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: BloFin against Gate−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. BloFin is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IBM_USDT | 231.52 | 0 | get 0.0000% / 8h | 5h 02m | $801K | $1.4M | 50x |
| Short | BloFin IBM-USDT | 231.45 | 0.0029 | get 0.0029% / 8h | 5h 02m | $667 | $52K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $6.08
- Price spread: −0.030% → 0.000%
- −$3.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.94
- Costs to cover
- 0.270%
- Break-even
- 34.6 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago | 1.73 bp | 17.6 bp −$18 | doesn't fit | 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 | 231.32 | −0.084% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.26 | −0.112% | $979K | $350K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.48 | −0.017% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDTlong | 0.0000% | 8h | 231.52 | long leg | $801K | $1.4M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 231.56 | +0.017% | $786K | $342K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.52 | +0.002% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.57 | +0.022% | $516 | $158K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.37 | −0.065% | $775 | $485K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.98 | +0.199% | $5K | $33K | 20x | as long as short |
| Binance IBMUSDT | +0.0022% | 8h | 231.42 | −0.041% | $3.8M | $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 | 231.40 | −0.050% | $54K | $236K | 10x | as long as short |
| BloFin IBM-USDTshort | +0.0029% | 8h | 231.45 | −0.030% | $667 | $52K | 20x | |
| Lighter IBM | +0.0032% | 1h | 231.41 | −0.048% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.161% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0035% | 1h | 231.45 | −0.030% | $1.2M | $2.6M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.42 | −0.043% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.26 | −0.112% | $1.9M | $756K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.43 | −0.039% | $194K | $34K | 20x | as long as short |
Gate IBM_USDT
BloFin IBM-USDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Binance IBMUSDT
Extended IBM-USD
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM