Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against Variational Omni+0.009%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.039%+$4 on $10k
+Price spread, last 2 days (all we have)+0.023%+$2 · spread now +0.009%, 7d avg +0.019%
=Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.039% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IBM | 231.62 | 0 | get 0.0000% / 8h | 7h 50m | $256K | $15K | — |
| Short | Binance IBMUSDT | 231.64 | 0.0213 | get 0.0213% / 8h | 7h 50m | $3.9M | $5.6M | 20x |
Variational Omni IBM
Binance IBMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $44.67
- Price spread: +0.009% → +0.019%
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $33.64
- Costs to cover
- 0.100%
- Break-even
- 1.7 days
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Binance: live order book, 3 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 23 min ago | 2.79 bp | doesn't fit | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.08 bp | 13.0 bp −$13 | 48.1 bp −$481 | 149.6 bp −$15.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.72 | +0.042% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.52 | −0.043% | $977K | $358K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.62 | 0.000% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.60 | −0.008% | $798K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.62 | 0.000% | $793K | $372K | 20x | as long as short |
| Variational Omni IBMlong | 0.0000% | 8h | 231.62 | long leg | $256K | $15K | — | |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.63 | +0.005% | $320 | $169K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.44 | −0.077% | $1K | $522K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.82 | +0.087% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0025% | 1h | 231.57 | −0.021% | $1.2M | $3.3M | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBM | +0.0032% | 1h | 231.47 | −0.064% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.198% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.095% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.42 | −0.086% | $1.9M | $824K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.57 | −0.021% | $195K | $33K | 20x | as long as short |
| Binance IBMUSDTshort | +0.0213% | 8h | 231.64 | +0.009% | $3.9M | $5.6M | 20x | |
| Extended IBM-USD | +0.0216% | 1h | 231.59 | −0.012% | $53K | $208K | 10x | as long as short |
| BloFin IBM-USDT | +0.0239% | 8h | 231.70 | +0.035% | $46K | $52K | 20x | as long as short |
Lighter IBM
Injective IBM/USDC PERP
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Extended IBM-USD
BloFin IBM-USDT