Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Binance against Extended+0.025%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.025%, 7d avg +0.037%
=Together, before fees+0.191%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IBM-USD | 232.23 | 0 | get 0.0000% / 1h | 18m 17s | $57K | $233K | 10x |
| Short | Binance IBMUSDT | 232.29 | 0 | get 0.0000% / 8h | 1h 18m | $3.8M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.025% → +0.037%
- −$1.28
- Slippage, 4 orders
- −$33.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.38
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Binance: 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 Extended live order book, 24 min ago | 1.08 bp | 14.6 bp −$15 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.29 bp | 9.8 bp −$10 | 36.3 bp −$363 | 141.4 bp −$14.1K | 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 | 232.22 | −0.002% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDlong | 0.0000% | 1h | 232.23 | long leg | $57K | $233K | 10x | |
| Binance IBMUSDTshort | 0.0000% | 8h | 232.29 | +0.025% | $3.8M | $5.5M | 20x | |
| Bybit IBMUSDT | 0.0000% | 8h | 232.12 | −0.047% | $1.0M | $355K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.22 | −0.004% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.28 | +0.022% | $752K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.24 | +0.005% | $780K | $343K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.25 | +0.009% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.23 | −0.001% | $799 | $165K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.07 | −0.068% | $717 | $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 | 232.41 | +0.078% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0001% | 8h | 232.30 | +0.031% | $47K | $55K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.29 | +0.027% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.426% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.05 | −0.077% | — | — | 25x | as long as short |
| QFEX IBM-USD | +0.0049% | 1h | 232.20 | −0.012% | $1.2M | $2.1M | 10x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.91 | −0.137% | $1.8M | $800K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.21 | −0.008% | $195K | $46K | 20x | as long as short |
Extended IBM-USD
Binance IBMUSDT
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
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