IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.046%

Price spread now: KuCoin against SunX+0.017%7-day average +0.051% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.017%, 7d avg +0.051%

Together, before fees+0.219%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.051%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX IBM-USDT	231.10	0	get 0.0000% / 8h	6h 33m	$1K	$487K	10x
Short	KuCoin IBMUSDTM	231.14	0.0100	get 0.0100% / 8h	6h 33m	$194K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $21
Price spread: +0.017% → +0.051%: −$3.36
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2.36
Costs to cover: 0.200%
Break-even: 7.8 days

Slippage unknown: SunX: live order book, 7 min ago; KuCoin: live order book, 1 min ago. Net counts fees only.

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 SunX live order book, 7 min ago	514.47 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	4.33 bp	739.0 bp −$739	doesn't fit	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	231.09	−0.004%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.11	+0.004%	$972K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.25	+0.065%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.21	+0.048%	$798K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.31	+0.091%	$791K	$339K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.19	+0.039%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.42	+0.141%	$194	$160K	10x	as long as short
SunX IBM-USDTlong	0.0000%	8h	231.10	long leg	$1K	$487K	10x
HTX IBM-USDT	0.0000%	8h	231.50	+0.173%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.18	+0.035%	$1.2M	$3.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.37	+0.117%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.003%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.05	−0.022%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.04	−0.026%	$1.9M	$723K	10x	as long as short
KuCoin IBMUSDTMshort	+0.0100%	8h	231.14	+0.017%	$194K	$33K	20x
Binance IBMUSDT	+0.0102%	8h	231.30	+0.085%	$3.9M	$5.2M	20x	as long as short
Extended IBM-USD	+0.0104%	1h	231.23	+0.058%	$54K	$235K	10x	as long as short