IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.040%

Price spread now: KuCoin against Gate+0.009%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$802as in the Funding arb table

Net, price: spread back to 7d avg − costs−$812as in the Price arb table

costs, in and out, $10k−$8148.139% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.009%, 7d avg −0.011%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate IBM_USDT	231.59	0	get 0.0000% / 8h	3h 39m	$801K	$1.4M	50x
Short	KuCoin IBMUSDTM	231.61	0.0100	get 0.0100% / 8h	3h 39m	$195K	$34K	20x

Funding history

latest

Range statsloading…

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.009%Rate

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 31 min ago.

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, 3 min ago	3.45 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 31 min ago	5.18 bp	44.1 bp −$44	doesn't fit	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	231.47	−0.051%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.54	−0.020%	$53K	$233K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.62	+0.013%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.49	−0.043%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.63	+0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDTlong	0.0000%	8h	231.59	long leg	$801K	$1.4M	50x
Bitget IBMUSDT	0.0000%	8h	231.62	+0.013%	$786K	$335K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	−0.007%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.61	+0.008%	$320	$160K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.46	−0.056%	$880	$476K	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	231.88	+0.125%	$6K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0020%	8h	231.62	+0.013%	$46K	$51K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	231.52	−0.030%	$1.2M	$2.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.45	−0.060%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.187%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.39	−0.086%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.091%	$1.9M	$763K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.61	+0.009%	$195K	$34K	20x