Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Aster+0.128%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.128% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster IBMUSDT | 231.18 | 0 | get 0.0000% / 8h | 3h 30m | $13K | $124K | 20x |
| Short | BloFin IBM-USDT | 231.48 | 0.0025 | get 0.0025% / 8h | 3h 30m | $46K | $52K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- $5.18
- Price spread: +0.128% → 0.000%
- $12.81
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.01
- Costs to cover
- 0.200%
- Break-even
- 9.7 days
Slippage unknown: Aster: live order book, 16 min ago; BloFin: no order-book sample. 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 Aster live order book, 16 min ago | 35.96 bp | 81.4 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 231.18 | long leg | $13K | $124K | 20x | |
| Extended IBM-USD | 0.0000% | 1h | 231.49 | +0.130% | $54K | $202K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 231.52 | +0.145% | $3.9M | $5.7M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.31 | +0.055% | $973K | $375K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.47 | +0.124% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.44 | +0.111% | $810K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.50 | +0.137% | $823K | $392K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.47 | +0.124% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.34 | +0.067% | $9 | $172K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.02 | −0.071% | $774 | $532K | 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 | 231.82 | +0.275% | $5K | $34K | 20x | as long as short |
| BloFin IBM-USDTshort | +0.0025% | 8h | 231.48 | +0.128% | $46K | $52K | 20x | |
| Lighter IBM | +0.0032% | 1h | 231.30 | +0.050% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.035% | — | $57 | 12x | as long as short |
| tradeXYZ xyz:IBM | +0.0044% | 1h | 231.30 | +0.050% | $2.0M | $790K | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.37 | +0.081% | — | — | 25x | as long as short |
| QFEX IBM-USD | +0.0049% | 1h | 231.49 | +0.132% | $1.2M | $3.0M | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.24 | +0.024% | $194K | $34K | 20x | as long as short |
Aster IBMUSDT
BloFin IBM-USDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM