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 −0.040%

Price spread now: Variational Omni against KuCoin+0.027%7-day average +0.009% · you sell dearer than you buy

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

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.294%+$29 · spread now +0.027%, 7d avg +0.009%

Together, before fees+0.184%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, 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	231.30	0.0100	pay 0.0100% / 8h	6h 13m	$194K	$33K	20x
Short	Variational Omni IBM	231.36	0	get 0.0000% / 8h	6h 13m	$256K	$15K	—

Funding history

latest

Range statsloading…

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now +0.027%Rate

Slippage unknown: KuCoin: live order book, 21 min ago; Variational Omni: RFQ quote, 55 min ago. Net counts fees only.

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, 21 min ago	4.33 bp	706.6 bp −$707	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 55 min ago	3.24 bp	doesn't fit	83.6 bp −$836	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	231.27	−0.015%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.27	−0.013%	$973K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.30	0.000%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.34	+0.017%	$798K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.42	+0.052%	$791K	$338K	20x	as long as short
Variational Omni IBMshort	0.0000%	8h	231.36	+0.027%	$256K	$15K	—
SunX IBM-USDT	0.0000%	8h	231.07	−0.099%	$1K	$487K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.58	+0.121%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.31	+0.004%	$1.2M	$2.9M	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.078%	—	$57	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest IBM-USD-PERP	+0.0046%	1h	231.22	−0.035%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.22	−0.035%	$1.9M	$722K	10x	as long as short
GRVT IBM_USDT_Perp	+0.0067%	8h	231.37	+0.030%	$315	$160K	10x	as long as short
Lighter IBM	+0.0088%	1h	231.51	+0.091%	$38K	$43K	10x	as long as short
Binance IBMUSDT	+0.0092%	8h	231.41	+0.048%	$3.9M	$5.2M	20x	as long as short
Extended IBM-USD	+0.0096%	1h	231.35	+0.023%	$53K	$237K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	231.30	long leg	$194K	$33K	20x