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: Bybit against Gate−0.043%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.043%, 7d avg −0.062%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IBM_USDT | 231.57 | 0 | get 0.0000% / 8h | 5h 53m | $799K | $1.4M | 50x |
| Short | Bybit IBMUSDT | 231.47 | 0 | get 0.0000% / 8h | 5h 53m | $974K | $346K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: −0.043% → −0.062%
- $1.86
- Slippage, 4 orders
- −$27.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.85
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 7 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 Gate live order book, 4 min ago | 3.24 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 2.59 bp | 11.7 bp −$12 | 82.3 bp −$823 | doesn't fit | doesn't fit |
IBM on 17 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 | 231.44 | −0.056% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDTshort | 0.0000% | 8h | 231.47 | −0.043% | $974K | $346K | 50x | |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.58 | +0.004% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDTlong | 0.0000% | 8h | 231.57 | long leg | $799K | $1.4M | 50x | |
| Bitget IBMUSDT | 0.0000% | 8h | 231.60 | +0.013% | $789K | $337K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.61 | +0.016% | $256K | $15K | — | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.27 | −0.130% | $934 | $486K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.98 | +0.177% | $5K | $33K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.52 | −0.022% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.180% | — | $57 | 12x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBM-USD | +0.0035% | 1h | 231.48 | −0.039% | $1.2M | $2.8M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.42 | −0.065% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.39 | −0.078% | $1.9M | $725K | 10x | as long as short |
| GRVT IBM_USDT_Perp | +0.0087% | 8h | 231.59 | +0.007% | $192 | $158K | 10x | as long as short |
| Binance IBMUSDT | +0.0095% | 8h | 231.64 | +0.030% | $3.9M | $5.3M | 20x | as long as short |
| Extended IBM-USD | +0.0096% | 1h | 231.57 | 0.000% | $53K | $235K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.61 | +0.017% | $194K | $33K | 20x | as long as short |
Gate IBM_USDT
Bybit IBMUSDT
Aster IBMUSDT
OKX IBM-USDT-SWAP
Bitget IBMUSDT
Variational Omni IBM
SunX IBM-USDT
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
GRVT IBM_USDT_Perp
Binance IBMUSDT
Extended IBM-USD
KuCoin IBMUSDTM