IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.023%

Price spread now: Extended against tradeXYZ+0.072%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$560.563% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.072%, 7d avg +0.080%

Together, before fees−0.073%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:IBM	231.43	0.0050	pay 0.0006% / 1h	21m 41s	$1.9M	$726K	10x
Short	Extended IBM-USD	231.60	0.0056	get 0.0007% / 1h	21m 41s	$54K	$240K	10x

Funding history

latest

Range statsloading…

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.072%Rate

Slippage from tradeXYZ: live order book, 5 min ago; Extended: live order book, 40 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 5 min ago	1.08 bp	14.1 bp −$14	26.5 bp −$265	doesn't fit	doesn't fit
Sell Extended live order book, 40 min ago	1.08 bp	15.0 bp −$15	175.9 bp −$1,759	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	231.47	+0.017%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.51	+0.035%	$974K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.66	+0.099%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.69	+0.112%	$800K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.60	+0.073%	$789K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.59	+0.070%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.59	+0.069%	$102	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.38	−0.022%	$775	$485K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.02	+0.255%	$5K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	231.51	+0.035%	$38K	$43K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.127%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.57	+0.060%	$1.2M	$2.7M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.46	+0.013%	—	—	25x	as long as short
tradeXYZ xyz:IBMlong	+0.0050%	1h	231.43	long leg	$1.9M	$726K	10x
Binance IBMUSDT	+0.0055%	8h	231.66	+0.101%	$3.9M	$5.3M	20x	as long as short
Extended IBM-USDshort	+0.0056%	1h	231.60	+0.072%	$54K	$240K	10x
BloFin IBM-USDT	+0.0083%	8h	231.75	+0.138%	$667	$52K	20x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.53	+0.043%	$193K	$34K	20x	as long as short