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: KuCoin against QFEX+0.017%7-day average +0.012% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$844as 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	QFEX IBM-USD	231.40	0.0026	pay 0.0003% / 1h	34m 30s	$1.2M	$2.5M	10x
Short	KuCoin IBMUSDTM	231.44	0.0100	get 0.0100% / 8h	4h 34m	$194K	$34K	20x

Funding history

latest

Range statsloading…

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.017%Rate

Slippage from QFEX: live order book, 3 min ago; KuCoin: live order book, 46 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, 3 min ago	1.73 bp	6.7 bp −$7	8.6 bp −$86	doesn't fit	doesn't fit
Sell KuCoin live order book, 46 min ago	4.97 bp	208.5 bp −$208	doesn't fit	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	231.35	−0.020%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.43	+0.013%	$53K	$235K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.50	+0.043%	$3.9M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.33	−0.030%	$980K	$348K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.46	+0.026%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.47	+0.030%	$804K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.47	+0.030%	$785K	$341K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.44	+0.019%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.47	+0.032%	$486	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.40	0.000%	$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	+0.091%	$5K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0004%	8h	231.50	+0.043%	$47K	$51K	20x	as long as short
QFEX IBM-USDlong	+0.0026%	1h	231.40	long leg	$1.2M	$2.5M	10x
Lighter IBM	+0.0032%	1h	231.37	−0.013%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.116%	—	$57	12x	as long as short
tradeXYZ xyz:IBM	+0.0035%	1h	231.30	−0.043%	$1.9M	$756K	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.34	−0.026%	—	—	25x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.44	+0.017%	$194K	$34K	20x