IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.8% APRnext payment +$1.07 per $10,000 · paid last 24h +0.026%

Price spread now: Binance against HTX−0.172%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

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. Binance is 0.172% cheaper against HTX than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX IBM-USDT	231.93	0	get 0.0000% / 8h	40m 39s	$5K	$34K	20x
Short	Binance IBMUSDT	231.53	0.0107	get 0.0107% / 8h	40m 39s	$3.9M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BinancebpOrdersPrice spread, now −0.172%Rate

Funding earned: $22.56
Price spread: −0.172% → 0.000%: −$17.25
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$16.68
Costs to cover: 0.220%
Break-even: 12.2 days

Slippage unknown: HTX: no order-book sample; Binance: live order book, 13 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Binance live order book, 13 min ago	0.22 bp	13.4 bp −$13	52.4 bp −$524	166.7 bp −$16.7K	doesn't fit

HTX: 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	231.46	−0.201%	$13K	$126K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.37	−0.241%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	−0.185%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.49	−0.190%	$802K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	−0.177%	$798K	$405K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.47	−0.200%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.26	−0.289%	$888	$534K	10x	as long as short
HTX IBM-USDTlong	0.0000%	8h	231.93	long leg	$5K	$34K	20x
QFEX IBM-USD	+0.0031%	1h	231.47	−0.198%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.54	−0.168%	$38K	$47K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.314%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.50	−0.185%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.36	−0.246%	$2.0M	$808K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.30	−0.272%	$194K	$34K	20x	as long as short
Extended IBM-USD	+0.0104%	1h	231.45	−0.207%	$54K	$202K	10x	as long as short
Binance IBMUSDTshort	+0.0107%	8h	231.53	−0.172%	$3.9M	$5.8M	20x
BloFin IBM-USDT	+0.0110%	8h	231.52	−0.177%	$46K	$52K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0364%	8h	231.48	−0.194%	$715	$170K	10x	as long as short