IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.034%

Price spread now: OKX against Extended+0.008%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$550.546% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.008%, 7d avg +0.007%

Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	231.48	0.0120	pay 0.0015% / 1h	35m 49s	$54K	$202K	10x
Short	OKX IBM-USDT-SWAP	231.50	0	get 0.0000% / 8h	35m 49s	$1.4M	$1.2M	20x

Funding history

latest

Range statsloading…

OKX against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee OKXbpOrdersPrice spread, now +0.008%Rate

Slippage from Extended: live order book, 41 min ago; OKX: live order book, 1 min ago.

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, 41 min ago	1.51 bp	15.5 bp −$15	122.6 bp −$1,226	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.51 bp	12.6 bp −$13	172.1 bp −$1,721	doesn't fit	doesn't fit

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	231.85	+0.158%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.38	−0.043%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAPshort	0.0000%	8h	231.50	+0.008%	$1.4M	$1.2M	20x
Gate IBM_USDT	0.0000%	8h	231.52	+0.017%	$802K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	+0.017%	$798K	$405K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.49	+0.003%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.23	−0.108%	$948	$533K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.95	+0.203%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.31	−0.074%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.53	+0.021%	$38K	$47K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.146%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.45	−0.013%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.35	−0.056%	$2.0M	$810K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.30	−0.078%	$194K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0104%	8h	231.56	+0.034%	$46K	$52K	20x	as long as short
Binance IBMUSDT	+0.0118%	8h	231.52	+0.017%	$3.9M	$5.8M	20x	as long as short
Extended IBM-USDlong	+0.0120%	1h	231.48	long leg	$54K	$202K	10x
GRVT IBM_USDT_Perp	+0.0368%	8h	231.50	+0.008%	$715	$170K	10x	as long as short