Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.013%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.013%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IBM-USDT-SWAP | 232.20 | 0 | get 0.0000% / 8h | 3m 45s | $1.4M | $1.2M | 20x |
| Short | Bitget IBMUSDT | 232.17 | 0 | get 0.0000% / 8h | 3m 45s | $780K | $346K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.013% → −0.008%
- −$0.47
- Slippage, 4 orders
- −$41.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.76
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 32 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, 3 min ago | 2.15 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 3.88 bp | 15.2 bp −$15 | 65.4 bp −$654 | doesn't fit | 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 | −0.0006% | 8h | 232.19 | −0.004% | $47K | $59K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 232.03 | −0.071% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.13 | −0.029% | $53K | $311K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.19 | −0.004% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.00 | −0.086% | $1.0M | $349K | 50x | as long as short |
| OKX IBM-USDT-SWAPlong | 0.0000% | 8h | 232.20 | long leg | $1.4M | $1.2M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 232.20 | 0.000% | $743K | $1.5M | 50x | as long as short |
| Bitget IBMUSDTshort | 0.0000% | 8h | 232.17 | −0.013% | $780K | $346K | 20x | |
| Variational Omni IBM | 0.0000% | 8h | 232.15 | −0.020% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.20 | +0.002% | $93 | $168K | 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 | 232.03 | −0.073% | $928 | $471K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.53 | +0.142% | $6K | $33K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.32 | +0.052% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.415% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0043% | 1h | 232.07 | −0.056% | $1.2M | $2.1M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.97 | −0.099% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.91 | −0.125% | $1.8M | $800K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.08 | −0.052% | $194K | $55K | 20x | as long as short |
OKX IBM-USDT-SWAP
Bitget IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
Gate IBM_USDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM