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 +0.045%

Price spread now: KuCoin against HTX−0.220%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 KuCoin

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. KuCoin is 0.220% cheaper against HTX than usual: you would sell low and buy high (spread −0.220% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.3 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	232.13	0	get 0.0000% / 8h	5h 50m	$5K	$33K	20x
Short	KuCoin IBMUSDTM	231.62	0.0100	get 0.0100% / 8h	5h 50m	$194K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.220%Rate

Funding earned: $21
Price spread: −0.220% → 0.000%: −$21.97
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$24.97
Costs to cover: 0.240%
Break-even: 15.3 days

Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 44 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 KuCoin live order book, 44 min ago	4.33 bp	739.0 bp −$739	doesn't fit	doesn't fit	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 17 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	231.47	−0.284%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.47	−0.284%	$974K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.57	−0.241%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.57	−0.241%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.58	−0.237%	$789K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.54	−0.252%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.38	−0.323%	$935	$486K	10x	as long as short
HTX IBM-USDTlong	0.0000%	8h	232.13	long leg	$5K	$33K	20x
Lighter IBM	+0.0032%	1h	231.51	−0.267%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.389%	—	$57	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX IBM-USD	+0.0035%	1h	231.50	−0.271%	$1.2M	$2.8M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.44	−0.297%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.43	−0.302%	$1.9M	$725K	10x	as long as short
GRVT IBM_USDT_Perp	+0.0089%	8h	231.63	−0.217%	$192	$158K	10x	as long as short
Binance IBMUSDT	+0.0093%	8h	231.58	−0.236%	$3.9M	$5.3M	20x	as long as short
Extended IBM-USD	+0.0096%	1h	231.54	−0.256%	$53K	$235K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.62	−0.220%	$194K	$33K	20x