Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.004%51s7-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
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 232.04 | 0 | get 0.0000% / 8h | 3h 06m | $3.8M | $5.4M | 20x |
| Short | BloFin IBM-USDT | 232.05 | 0.0001 | get 0.0001% / 8h | 3h 06m | $47K | $52K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $0.31
- Price spread: +0.004% → 0.000%
- $0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.26
- Costs to cover
- 0.220%
- Break-even
- 488.3 days
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.65 bp | 11.3 bp −$11 | 25.4 bp −$254 | 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 IBMUSDT | 0.0000% | 8h | 231.93 | −0.048% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 231.98 | −0.026% | $53K | $234K | 10x | as long as short |
| Binance IBMUSDTlong | 0.0000% | 8h | 232.04 | long leg | $3.8M | $5.4M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 231.90 | −0.060% | $984K | $340K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.05 | +0.004% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.05 | +0.004% | $804K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.74 | −0.129% | $786K | $323K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.90 | −0.062% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.98 | −0.026% | $72 | $162K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.78 | −0.112% | $946 | $477K | 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 | 232.26 | +0.095% | $6K | $34K | 20x | as long as short |
| BloFin IBM-USDTshort | +0.0001% | 8h | 232.05 | +0.004% | $47K | $52K | 20x | |
| QFEX IBM-USD | +0.0030% | 1h | 231.96 | −0.034% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.87 | −0.073% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.355% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.85 | −0.082% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.77 | −0.116% | $1.9M | $769K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.94 | −0.043% | $195K | $35K | 20x | as long as short |
Binance IBMUSDT
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
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