IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.69 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against KuCoin+0.013%65s7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on BloFin

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IBMUSDTM	231.33	0.0100	pay 0.0100% / 8h	7h 00m	$194K	$33K	20x
Short	BloFin IBM-USDT	231.36	0.0169	get 0.0169% / 8h	7h 00m	$46K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.013%Rate

Funding earned: $14.41
Price spread: +0.013% → 0.000%: $1.3
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.3
Costs to cover: 0.240%
Break-even: 11.0 days

Slippage unknown: KuCoin: live order book, 44 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 KuCoin live order book, 44 min ago	6.05 bp	628.2 bp −$628	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	231.29	−0.017%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.22	−0.048%	$973K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.37	+0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.45	+0.052%	$800K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.50	+0.073%	$792K	$344K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.45	+0.050%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.51	+0.077%	$405	$160K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.28	−0.022%	$1K	$489K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.87	+0.233%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0025%	1h	231.31	−0.009%	$1.2M	$3.2M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.28	−0.022%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.090%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.39	+0.026%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.24	−0.039%	$1.9M	$721K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.33	long leg	$194K	$33K	20x
Binance IBMUSDT	+0.0141%	8h	231.39	+0.026%	$3.9M	$5.3M	20x	as long as short
Extended IBM-USD	+0.0144%	1h	231.32	−0.005%	$53K	$234K	10x	as long as short
BloFin IBM-USDTshort	+0.0169%	8h	231.36	+0.013%	$46K	$52K	20x