Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against Bybit+0.047%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.047%, 7d avg +0.061%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IBMUSDT | 232.13 | 0 | get 0.0000% / 8h | 1h 27m | $1.0M | $354K | 50x |
| Short | Gate IBM_USDT | 232.24 | 0 | get 0.0000% / 8h | 1h 27m | $752K | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.047% → +0.061%
- −$1.35
- Slippage, 4 orders
- −$33.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.18
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 8 min ago; Gate: live order book, 5 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 Bybit live order book, 8 min ago | 4.95 bp | 15.6 bp −$16 | 89.2 bp −$892 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.01 bp | 16.0 bp −$16 | 218.1 bp −$2,181 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 232.06 | −0.030% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.23 | +0.042% | $57K | $233K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.28 | +0.064% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDTlong | 0.0000% | 8h | 232.13 | long leg | $1.0M | $354K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.25 | +0.052% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDTshort | 0.0000% | 8h | 232.24 | +0.047% | $752K | $1.5M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 232.24 | +0.047% | $780K | $343K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.20 | +0.030% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.29 | +0.069% | $44 | $165K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.05 | −0.034% | $587 | $474K | 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 | 232.03 | −0.043% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0007% | 8h | 232.29 | +0.069% | $47K | $56K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.39 | +0.112% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.389% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.09 | −0.017% | — | — | 25x | as long as short |
| QFEX IBM-USD | +0.0049% | 1h | 232.20 | +0.030% | $1.2M | $2.1M | 10x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 232.00 | −0.056% | $1.8M | $820K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.16 | +0.013% | $195K | $46K | 20x | as long as short |
Bybit IBMUSDT
Gate IBM_USDT
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM