IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.048%

Price spread now: Binance against OKX+0.017%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$580.580% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 2 days (all we have)−0.005%−$1 · spread now +0.017%, 7d avg +0.014%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, 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	OKX IBM-USDT-SWAP	231.23	0	get 0.0000% / 8h	6h 37m	$1.4M	$1.1M	20x
Short	Binance IBMUSDT	231.27	0.0109	get 0.0109% / 8h	6h 37m	$3.9M	$5.3M	20x

Funding history

latest

Range statsloading…

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.017%Rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 15 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	1.30 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.22 bp	15.8 bp −$16	42.8 bp −$428	157.4 bp −$15.7K	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	231.10	−0.057%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.10	−0.056%	$972K	$345K	50x	as long as short
OKX IBM-USDT-SWAPlong	0.0000%	8h	231.23	long leg	$1.4M	$1.1M	20x
Gate IBM_USDT	0.0000%	8h	231.24	+0.004%	$798K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.30	+0.030%	$791K	$339K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.41	+0.077%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.44	+0.090%	$194	$160K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.16	−0.030%	$1K	$487K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.83	+0.259%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.30	+0.030%	$1.2M	$3.1M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.24	+0.004%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.052%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.12	−0.048%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.10	−0.056%	$1.9M	$723K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.13	−0.043%	$194K	$33K	20x	as long as short
Binance IBMUSDTshort	+0.0109%	8h	231.27	+0.017%	$3.9M	$5.3M	20x
Extended IBM-USD	+0.0112%	1h	231.21	−0.007%	$54K	$235K	10x	as long as short
BloFin IBM-USDT	+0.0122%	8h	231.18	−0.022%	$46K	$52K	20x	as long as short