IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.005%

Price spread now: Binance against KuCoin+0.013%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$934as in the Funding arb table

Net, price: spread back to 7d avg − costs−$926as in the Price arb table

costs, in and out, $10k−$9259.247% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.013%, 7d avg +0.024%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IBMUSDTM	232.66	0.0100	pay 0.0100% / 8h	5h 44m	$195K	$198K	20x
Short	Binance IBMUSDT	232.69	0	get 0.0000% / 8h	5h 44m	$3.8M	$4.6M	20x

Funding history

latest

Range statsloading…

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Slippage from KuCoin: live order book, 58 min ago; Binance: live order book, 16 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 58 min ago	4.30 bp	699.1 bp −$699	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.43 bp	17.0 bp −$17	31.5 bp −$315	130.7 bp −$13.1K	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
BloFin IBM-USDT	−0.0014%	8h	232.78	+0.052%	$47K	$62K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.53	−0.055%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.61	−0.020%	$56K	$314K	10x	as long as short
Binance IBMUSDTshort	0.0000%	8h	232.69	+0.013%	$3.8M	$4.6M	20x
Bybit IBMUSDT	0.0000%	8h	232.46	−0.086%	$999K	$305K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.67	+0.004%	$1.4M	$1.0M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.73	+0.030%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.66	0.000%	$779K	$285K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.69	+0.013%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.44	−0.095%	$1K	$389K	10x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	232.90	+0.103%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	232.59	−0.030%	$1.2M	$2.0M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.49	−0.073%	$37K	$47K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.586%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.49	−0.073%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	232.33	−0.142%	$1.8M	$786K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	232.66	long leg	$195K	$198K	20x
GRVT IBM_USDT_Perp	+0.0565%	8h	232.69	+0.013%	$384	$153K	10x	as long as short