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: Bybit against KuCoin−0.056%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$828as in the Funding arb table

Net, price: spread back to 7d avg − costs−$806as in the Price arb table

costs, in and out, $10k−$8058.054% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.056%, 7d avg −0.050%

Together, before fees−0.256%−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, 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	KuCoin IBMUSDTM	231.61	0.0100	pay 0.0100% / 8h	3h 39m	$195K	$34K	20x
Short	Bybit IBMUSDT	231.48	0	get 0.0000% / 8h	3h 39m	$982K	$347K	50x

Funding history

latest

Range statsloading…

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.056%Rate

Slippage from KuCoin: live order book, 31 min ago; Bybit: live order book, 11 min ago.

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, 31 min ago	5.18 bp	736.5 bp −$736	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 11 min ago	3.03 bp	11.1 bp −$11	73.3 bp −$733	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	−0.060%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.55	−0.024%	$53K	$233K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.61	0.000%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.48	−0.056%	$982K	$347K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	231.58	−0.013%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.58	−0.013%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.62	+0.004%	$786K	$335K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	−0.015%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.62	+0.003%	$164	$160K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.46	−0.065%	$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	+0.117%	$6K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0020%	8h	231.62	+0.004%	$46K	$51K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	231.53	−0.035%	$1.2M	$2.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.45	−0.069%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.195%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.39	−0.095%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.099%	$1.9M	$763K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.61	long leg	$195K	$34K	20x