IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.005%

Price spread now: KuCoin against Binance−0.038%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$818as in the Funding arb table

Net, price: spread back to 7d avg − costs−$829as in the Price arb table

costs, in and out, $10k−$8288.278% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.038%, 7d avg −0.024%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$1 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	232.87	0.0054	pay 0.0054% / 8h	4h 55m	$3.8M	$4.7M	20x
Short	KuCoin IBMUSDTM	232.78	0.0100	get 0.0100% / 8h	4h 55m	$196K	$254K	20x

Funding history

latest

Range statsloading…

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.038%Rate

Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 32 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	0.22 bp	11.7 bp −$12	31.9 bp −$319	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	3.87 bp	176.4 bp −$176	doesn't fit	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	232.57	−0.128%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.70	−0.073%	$997K	$309K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.71	−0.068%	$1.4M	$1.0M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.87	0.000%	$743K	$1.3M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.69	−0.077%	$779K	$279K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.75	−0.050%	$258K	$14K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.60	−0.116%	$491	$377K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.57	−0.128%	$7K	$34K	20x	as long as short
QFEX IBM-USD	+0.0014%	1h	232.71	−0.068%	$1.2M	$2.0M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.62	−0.107%	$37K	$44K	10x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.664%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.71	−0.068%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.60	−0.116%	$1.8M	$787K	10x	as long as short
Binance IBMUSDTlong	+0.0054%	8h	232.87	long leg	$3.8M	$4.7M	20x
Extended IBM-USD	+0.0056%	1h	232.77	−0.041%	$53K	$307K	10x	as long as short
BloFin IBM-USDT	+0.0069%	8h	232.79	−0.034%	$47K	$63K	20x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	232.78	−0.038%	$196K	$254K	20x
GRVT IBM_USDT_Perp	+0.0651%	8h	232.79	−0.033%	$2	$151K	10x	as long as short