IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.032%

Price spread now: QFEX against KuCoin−0.017%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$845as in the Price arb table

costs, in and out, $10k−$8448.444% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.103%−$10 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.017%, 7d avg −0.012%

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

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$2 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	231.44	0.0100	pay 0.0100% / 8h	4h 34m	$194K	$34K	20x
Short	QFEX IBM-USD	231.40	0.0026	get 0.0003% / 1h	34m 43s	$1.2M	$2.5M	10x

Funding history

latest

Range statsloading…

QFEX 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 QFEXbpOrdersPrice spread, now −0.017%Rate

Slippage from KuCoin: live order book, 46 min ago; QFEX: live order book, 3 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, 46 min ago	4.97 bp	622.5 bp −$622	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.73 bp	6.7 bp −$7	8.5 bp −$85	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	231.36	−0.036%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.43	−0.004%	$53K	$235K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.47	+0.014%	$3.9M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.33	−0.048%	$980K	$348K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.46	+0.009%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.47	+0.013%	$804K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.47	+0.013%	$785K	$341K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.44	+0.002%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.47	+0.014%	$486	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.40	−0.017%	$956	$482K	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	231.61	+0.073%	$5K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0004%	8h	231.50	+0.026%	$47K	$51K	20x	as long as short
QFEX IBM-USDshort	+0.0026%	1h	231.40	−0.017%	$1.2M	$2.5M	10x
Lighter IBM	+0.0032%	1h	231.37	−0.030%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.131%	—	$57	12x	as long as short
tradeXYZ xyz:IBM	+0.0034%	1h	231.27	−0.073%	$1.9M	$756K	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.34	−0.043%	—	—	25x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.44	long leg	$194K	$34K	20x