IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.013%

Price spread now: Bybit against QFEX−0.030%7-day average −0.038% · 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−$37as in the Price arb table

costs, in and out, $10k−$380.381% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.030%, 7d avg −0.038%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IBM-USD	231.94	0.0030	pay 0.0004% / 1h	7m 23s	$1.2M	$2.2M	10x
Short	Bybit IBMUSDT	231.87	0	get 0.0000% / 8h	3h 07m	$983K	$340K	50x

Funding history

latest

Range statsloading…

Bybit against QFEX. 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 QFEXbpFee BybitbpOrdersPrice spread, now −0.030%Rate

Slippage from QFEX: live order book, 5 min ago; Bybit: live order book, 43 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 5 min ago	1.29 bp	6.3 bp −$6	10.9 bp −$109	doesn't fit	doesn't fit
Sell Bybit live order book, 43 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	231.94	−0.001%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.99	+0.021%	$53K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.00	+0.026%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.87	−0.030%	$983K	$340K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	232.05	+0.047%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.05	+0.047%	$804K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.73	−0.091%	$786K	$323K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.90	−0.018%	$257K	$14K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.98	+0.017%	$72	$162K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.84	−0.043%	$937	$477K	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	232.26	+0.138%	$6K	$34K	20x	as long as short
BloFin IBM-USDT	0.0000%	8h	231.94	0.000%	$46K	$52K	20x	as long as short
QFEX IBM-USDlong	+0.0030%	1h	231.94	long leg	$1.2M	$2.2M	10x
Lighter IBM	+0.0032%	1h	231.88	−0.026%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.318%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.79	−0.065%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.69	−0.108%	$1.9M	$768K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.91	−0.013%	$195K	$35K	20x	as long as short