Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Binance−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 1 day (all we have)+0.014%+$1 · spread now −0.026%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 230.36 | 0 | get 0.0000% / 8h | 4h 23m | $4.2M | $5.1M | 20x |
| Short | OKX IBM-USDT-SWAP | 230.30 | 0 | get 0.0000% / 8h | 4h 23m | $1.4M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.026% → −0.015%
- −$1.09
- Slippage, 4 orders
- −$27.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.2
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; OKX: live order book, 3 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 Binance live order book, 4 min ago | 0.43 bp | 13.3 bp −$13 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.87 bp | 10.5 bp −$11 | 130.9 bp −$1,309 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0003% | 8h | 230.43 | +0.030% | $47K | $50K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 230.29 | −0.032% | $14K | $124K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 230.35 | −0.006% | $54K | $202K | 10x | as long as short |
| Binance IBMUSDTlong | 0.0000% | 8h | 230.36 | long leg | $4.2M | $5.1M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 230.23 | −0.056% | $968K | $352K | 50x | as long as short |
| OKX IBM-USDT-SWAPshort | 0.0000% | 8h | 230.30 | −0.026% | $1.4M | $1.1M | 20x | |
| Gate IBM_USDT | 0.0000% | 8h | 230.29 | −0.030% | $817K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 230.24 | −0.052% | $813K | $372K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 230.30 | −0.027% | $255K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 230.38 | +0.009% | $71 | $166K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 229.95 | −0.178% | $872 | $525K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 230.70 | +0.148% | $5K | $34K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 230.34 | −0.009% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −12.724% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0038% | 1h | 230.37 | +0.004% | $1.2M | $3.0M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 230.16 | −0.087% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 230.21 | −0.065% | $2.1M | $704K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 230.21 | −0.065% | $195K | $34K | 20x | as long as short |
Binance IBMUSDT
OKX IBM-USDT-SWAP
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
Bybit IBMUSDT
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