IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.034%

Price spread now: Variational Omni against BloFin−0.011%7-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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	BloFin IBM-USDT	231.58	−0.0020	get 0.0020% / 8h	4h 12m	$47K	$51K	20x
Short	Variational Omni IBM	231.55	0	get 0.0000% / 8h	4h 12m	$256K	$15K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.011%Rate

Funding earned: $4.29
Price spread: −0.011% → 0.000%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.81
Costs to cover: 0.120%
Break-even: 21.4 days

Slippage unknown: BloFin: no order-book sample; Variational Omni: RFQ quote, 46 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 Variational Omni RFQ quote, 46 min ago	2.79 bp	doesn't fit	20.9 bp −$209	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
BloFin IBM-USDTlong	−0.0020%	8h	231.58	long leg	$47K	$51K	20x
Aster IBMUSDT	0.0000%	8h	231.47	−0.048%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.51	−0.028%	$54K	$237K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.58	−0.001%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.49	−0.039%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.54	−0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.54	−0.017%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.57	−0.004%	$786K	$337K	20x	as long as short
Variational Omni IBMshort	0.0000%	8h	231.55	−0.011%	$256K	$15K	—
GRVT IBM_USDT_Perp	0.0000%	8h	231.54	−0.018%	$572	$159K	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	231.48	−0.043%	$803	$480K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.94	+0.155%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	231.50	−0.035%	$1.2M	$2.4M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.38	−0.086%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.183%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.41	−0.073%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.39	−0.082%	$1.9M	$757K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.55	−0.013%	$194K	$34K	20x	as long as short