Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.030%
Price spread now: Injective against Extended−13.163%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Injective is 13.163% cheaper against Extended than usual: you would sell low and buy high (spread −13.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,316 on $10k: about years of funding at the current rate (+$1 a day). The two prices were read 60 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 | 231.53 | 0 | get 0.0000% / 1h | 14m 05s | $54K | $237K | 10x |
| Short | Injective IBM/USDC PERP | 201.05 | 0.0033 | get 0.0004% / 1h | 14m 05s | — | $57 | 12x |
Extended IBM-USD
Injective IBM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: −13.163% → 0.000%
- −$1,316.32
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,314.34
- Costs to cover
- 0.050%
- Break-even
- 1321.3 days
Slippage unknown: Extended: live order book, 43 min ago; Injective: 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, 43 min ago | 2.16 bp | 16.2 bp −$16 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 231.48 | −0.019% | $13K | $127K | 20x | as long as short |
| Extended IBM-USDlong | 0.0000% | 1h | 231.53 | long leg | $54K | $237K | 10x | |
| Binance IBMUSDT | 0.0000% | 8h | 231.59 | +0.028% | $3.8M | $5.4M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.49 | −0.016% | $982K | $348K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.52 | −0.003% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.54 | +0.006% | $805K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.59 | +0.028% | $786K | $337K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.55 | +0.012% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.57 | +0.017% | $572 | $159K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.48 | −0.020% | $803 | $484K | 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_Perp
SunX IBM-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.04 | +0.222% | $5K | $34K | 20x | as long as short |
| BloFin IBM-USDT | +0.0001% | 8h | 231.60 | +0.032% | $47K | $51K | 20x | as long as short |
| QFEX IBM-USD | +0.0026% | 1h | 231.50 | −0.011% | $1.2M | $2.4M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.39 | −0.059% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERPshort | +0.0033% | 1h | 201.05 | −13.163% | — | $57 | 12x | |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.41 | −0.050% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.39 | −0.059% | $1.9M | $757K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.55 | +0.010% | $194K | $34K | 20x | as long as short |
HTX IBM-USDT
BloFin IBM-USDT
QFEX IBM-USD
Lighter IBM
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM