IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0177%/8h= +19.4% APRnext payment +$1.77 per $10,000 · paid last 24h +0.026%

Price spread now: Binance against Aster−0.139%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1491.495% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 2 days (all we have)+0.155%+$15 · spread now −0.139%, 7d avg +0.014%

Together, before fees+0.264%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.153% cheaper against Aster than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.014%). If the spread goes back, that is −$15 on $10k: about 2.9 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.110% in total) that is about 9.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster IBMUSDT	231.88	0	get 0.0000% / 8h	18m 55s	$13K	$127K	20x
Short	Binance IBMUSDT	231.56	0.0177	get 0.0177% / 8h	18m 55s	$3.9M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now −0.139%Rate

Funding earned: $37.23
Price spread: −0.139% → +0.014%: −$15.34
Slippage, 4 orders: −$131.47
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$127.58
Costs to cover: 1.495%
Break-even: 31.0 days

Slippage from Aster: live order book, 57 min ago; Binance: live order book, 4 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 Aster live order book, 57 min ago	32.39 bp	56.0 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.65 bp	11.5 bp −$12	48.3 bp −$483	158.0 bp −$15.8K	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 IBMUSDTlong	0.0000%	8h	231.88	long leg	$13K	$127K	20x
Bybit IBMUSDT	0.0000%	8h	231.40	−0.209%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	−0.165%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	−0.157%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	−0.157%	$798K	$404K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	−0.136%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.30	−0.252%	$932	$534K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.89	+0.003%	$5K	$33K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.47	−0.178%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.55	−0.144%	$38K	$47K	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	−13.297%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.209%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.217%	$2.0M	$811K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.43	−0.196%	$194K	$34K	20x	as long as short
Extended IBM-USD	+0.0176%	1h	231.52	−0.159%	$54K	$202K	10x	as long as short
Binance IBMUSDTshort	+0.0177%	8h	231.56	−0.139%	$3.9M	$5.8M	20x
BloFin IBM-USDT	+0.0201%	8h	231.55	−0.144%	$46K	$52K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0418%	8h	231.54	−0.148%	$621	$170K	10x	as long as short