IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.041%

Price spread now: Bybit against BloFin−0.103%52s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.103% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IBM-USDT	232.16	0.0011	pay 0.0011% / 8h	2h 46m	$47K	$52K	20x
Short	Bybit IBMUSDT	231.92	0	get 0.0000% / 8h	2h 46m	$984K	$337K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$2.25
Price spread: −0.103% → 0.000%: −$10.34
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$35.59
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 64 min ago. 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 BloFin no order-book sample	—	—	—	—	—
Sell Bybit live order book, 64 min ago	3.03 bp	11.1 bp −$11	73.3 bp −$733	doesn't fit	doesn't fit

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	231.99	−0.071%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.96	−0.087%	$57K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.02	−0.060%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.92	−0.103%	$984K	$337K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	232.02	−0.060%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.04	−0.052%	$807K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.96	−0.086%	$787K	$322K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.11	−0.022%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.08	−0.034%	$777	$161K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.82	−0.146%	$897	$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	232.28	+0.052%	$6K	$33K	20x	as long as short
BloFin IBM-USDTlong	+0.0011%	8h	232.16	long leg	$47K	$52K	20x
QFEX IBM-USD	+0.0030%	1h	231.95	−0.090%	$1.2M	$2.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.82	−0.146%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.400%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.80	−0.155%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.71	−0.194%	$1.8M	$803K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.95	−0.090%	$195K	$36K	20x	as long as short