Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h 0.000%
Price spread now: BloFin against Extended−0.035%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.035% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 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 | Extended IBM-USD | 231.44 | 0 | get 0.0000% / 1h | 37m 37s | $53K | $235K | 10x |
| Short | BloFin IBM-USDT | 231.36 | −0.0022 | pay 0.0022% / 8h | 4h 37m | $47K | $51K | 20x |
Extended IBM-USD
BloFin IBM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.65
- Price spread: −0.035% → 0.000%
- −$3.55
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.2
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 19 min ago; BloFin: no order-book sample. 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 Extended live order book, 19 min ago | 2.16 bp | 16.2 bp −$16 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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-USDTshort | −0.0022% | 8h | 231.36 | −0.035% | $47K | $51K | 20x | |
| Aster IBMUSDT | 0.0000% | 8h | 231.36 | −0.037% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDlong | 0.0000% | 1h | 231.44 | long leg | $53K | $235K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 231.50 | +0.025% | $3.9M | $5.4M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.33 | −0.048% | $980K | $348K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.46 | +0.008% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.46 | +0.008% | $804K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.47 | +0.012% | $786K | $341K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.38 | −0.026% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.39 | −0.022% | $467 | $158K | 10x | as long as short |
Aster IBMUSDT
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 231.24 | −0.087% | $756 | $481K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.86 | +0.181% | $5K | $34K | 20x | as long as short |
| tradeXYZ xyz:IBM | +0.0016% | 1h | 231.26 | −0.079% | $1.9M | $756K | 10x | as long as short |
| QFEX IBM-USD | +0.0026% | 1h | 231.41 | −0.014% | $1.2M | $2.5M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.37 | −0.031% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.132% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.34 | −0.044% | — | — | 25x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.42 | −0.010% | $194K | $34K | 20x | as long as short |
SunX IBM-USDT
HTX IBM-USDT
tradeXYZ xyz:IBM
QFEX IBM-USD
Lighter IBM
Injective IBM/USDC PERP
Vest IBM-USD-PERP
KuCoin IBMUSDTM