Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against OKX+0.030%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.030%, 7d avg +0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IBM-USDT-SWAP | 231.82 | 0 | get 0.0000% / 8h | 3h 14m | $1.4M | $1.2M | 20x |
| Short | Binance IBMUSDT | 231.89 | 0 | get 0.0000% / 8h | 3h 14m | $3.8M | $5.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.030% → +0.040%
- −$1.01
- Slippage, 4 orders
- −$26.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.58
- Costs to cover
- 0.466%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 8 min ago.
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 OKX live order book, 2 min ago | 0.65 bp | 12.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.43 bp | 12.3 bp −$12 | 22.7 bp −$227 | 144.4 bp −$14.4K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0022% | 8h | 231.95 | +0.056% | $47K | $51K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 231.86 | +0.016% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 231.83 | +0.003% | $53K | $237K | 10x | as long as short |
| Binance IBMUSDTshort | 0.0000% | 8h | 231.89 | +0.030% | $3.8M | $5.4M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 231.73 | −0.039% | $983K | $340K | 50x | as long as short |
| OKX IBM-USDT-SWAPlong | 0.0000% | 8h | 231.82 | long leg | $1.4M | $1.2M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 231.86 | +0.017% | $803K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.67 | −0.065% | $786K | $332K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.84 | +0.008% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.77 | −0.023% | $86 | $162K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 231.68 | −0.060% | $936 | $478K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.19 | +0.160% | $6K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 231.79 | −0.013% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.67 | −0.065% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.273% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.69 | −0.056% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0048% | 1h | 231.62 | −0.086% | $1.9M | $777K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.78 | −0.017% | $195K | $34K | 20x | as long as short |
OKX IBM-USDT-SWAP
Binance IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
Bybit IBMUSDT
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM