IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.9% APRnext payment −$0.99 per $10,000 · paid last 24h −0.042%

Price spread now: Variational Omni against Binance−0.006%7-day average −0.019% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.061%−$6 on $10k

Price spread, last 2 days (all we have)−0.029%−$3 · spread now −0.006%, 7d avg −0.019%

Together, before fees−0.090%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$3 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	231.37	0.0099	pay 0.0099% / 8h	6h 19m	$3.9M	$5.2M	20x
Short	Variational Omni IBM	231.36	0	get 0.0000% / 8h	6h 19m	$256K	$15K	—

Funding history

latest

Range statsloading…

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.006%Rate

Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 49 min ago. Net counts fees only.

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, 3 min ago	0.22 bp	10.5 bp −$10	31.5 bp −$315	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 49 min ago	3.24 bp	doesn't fit	83.6 bp −$836	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	231.12	−0.107%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.23	−0.061%	$973K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.36	−0.004%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.33	−0.017%	$798K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.42	+0.022%	$791K	$338K	20x	as long as short
Variational Omni IBMshort	0.0000%	8h	231.36	−0.006%	$256K	$15K	—
SunX IBM-USDT	0.0000%	8h	231.16	−0.091%	$1K	$488K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.31	−0.026%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.31	−0.026%	$1.2M	$2.9M	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.105%	—	$57	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT IBM_USDT_Perp	+0.0043%	8h	231.35	−0.009%	$458	$159K	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.17	−0.086%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.20	−0.073%	$1.9M	$723K	10x	as long as short
Lighter IBM	+0.0096%	1h	231.49	+0.052%	$38K	$43K	10x	as long as short
Extended IBM-USD	+0.0096%	1h	231.31	−0.026%	$53K	$237K	10x	as long as short
Binance IBMUSDTlong	+0.0099%	8h	231.37	long leg	$3.9M	$5.2M	20x
KuCoin IBMUSDTM	+0.0100%	8h	231.21	−0.069%	$194K	$33K	20x	as long as short