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 −0.030%

Price spread now: Bybit against KuCoin−0.043%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$950as in the Funding arb table

Net, price: spread back to 7d avg − costs−$927as in the Price arb table

costs, in and out, $10k−$9289.276% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.043%, 7d avg −0.049%

Together, before fees−0.269%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, 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	232.77	0.0100	pay 0.0100% / 8h	6h 16m	$195K	$160K	20x
Short	Bybit IBMUSDT	232.67	0	get 0.0000% / 8h	6h 16m	$1.0M	$306K	50x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now −0.043%Rate

Slippage from KuCoin: live order book, 26 min ago; Bybit: live order book, 2 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, 26 min ago	4.30 bp	699.1 bp −$699	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.36 bp	13.1 bp −$13	148.2 bp −$1,482	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
BloFin IBM-USDT	−0.0006%	8h	232.88	+0.047%	$47K	$61K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.59	−0.078%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.79	+0.009%	$53K	$313K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.86	+0.039%	$3.8M	$4.7M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	232.67	−0.043%	$1.0M	$306K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	232.83	+0.026%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.89	+0.052%	$744K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.84	+0.030%	$780K	$288K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.76	−0.005%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.50	−0.116%	$1K	$404K	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	233.13	+0.155%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0015%	1h	232.77	0.000%	$1.2M	$2.0M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.74	−0.013%	$37K	$47K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.627%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.71	−0.026%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0049%	1h	232.66	−0.047%	$1.8M	$789K	10x	as long as short
KuCoin IBMUSDTMlong	+0.0100%	8h	232.77	long leg	$195K	$160K	20x
GRVT IBM_USDT_Perp	+0.0367%	8h	232.80	+0.014%	$293	$156K	10x	as long as short