IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$1.79 per $10,000 · paid last 24h −0.026%

Price spread now: Bitget against Binance−0.018%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.604% of the position

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)−0.051%−$5 · spread now −0.018%, 7d avg −0.036%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IBMUSDT	231.56	0.0179	pay 0.0179% / 8h	18m 37s	$3.9M	$5.8M	20x
Short	Bitget IBMUSDT	231.52	0	get 0.0000% / 8h	18m 37s	$798K	$403K	20x

Funding history

latest

Range statsloading…

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.018%Rate

Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 57 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 5 min ago	0.65 bp	12.3 bp −$12	36.8 bp −$368	doesn't fit	doesn't fit
Sell Bitget live order book, 57 min ago	4.10 bp	22.7 bp −$23	59.0 bp −$590	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	231.87	+0.133%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.40	−0.070%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	−0.027%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	−0.018%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDTshort	0.0000%	8h	231.52	−0.018%	$798K	$403K	20x
Variational Omni IBM	0.0000%	8h	231.57	+0.003%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.30	−0.113%	$932	$534K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.89	+0.142%	$5K	$33K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.49	−0.031%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.55	−0.005%	$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	−13.177%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.070%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.079%	$2.0M	$812K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.43	−0.057%	$194K	$34K	20x	as long as short
Extended IBM-USD	+0.0176%	1h	231.52	−0.019%	$54K	$202K	10x	as long as short
Binance IBMUSDTlong	+0.0179%	8h	231.56	long leg	$3.9M	$5.8M	20x
BloFin IBM-USDT	+0.0201%	8h	231.55	−0.005%	$46K	$52K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0418%	8h	231.54	−0.009%	$621	$170K	10x	as long as short