Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%
Price spread now: tradeXYZ against SunX−0.047%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.047%, 7d avg −0.044%
=Together, before fees+0.121%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX IBM-USDT | 232.07 | 0 | get 0.0000% / 8h | 1h 24m | $717 | $475K | 10x |
| Short | tradeXYZ xyz:IBM | 231.96 | 0.0050 | get 0.0006% / 1h | 24m 07s | $1.8M | $799K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against SunX. 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
- $10.5
- Price spread: −0.047% → −0.044%
- −$0.35
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$15.85
- Costs to cover
- 0.260%
- Break-even
- 17.6 days
Slippage unknown: SunX: live order book, 37 min ago; tradeXYZ: live order book, 4 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, 37 min ago | 500.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.72 bp | 11.7 bp −$12 | 21.6 bp −$216 | doesn't fit | doesn't fit |
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDT | −0.0025% | 8h | 232.32 | +0.108% | $47K | $56K | 20x | as long as short |
| Aster IBMUSDT | 0.0000% | 8h | 232.09 | +0.008% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.17 | +0.045% | $57K | $233K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.20 | +0.057% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.12 | +0.022% | $1.0M | $354K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.20 | +0.056% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.20 | +0.056% | $752K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.18 | +0.047% | $780K | $343K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.25 | +0.079% | $257K | $14K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.26 | +0.081% | $799 | $165K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDTlong | 0.0000% | 8h | 232.07 | long leg | $717 | $475K | 10x | |
| HTX IBM-USDT | 0.0000% | 8h | 232.40 | +0.142% | $6K | $33K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.29 | +0.095% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.367% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.07 | 0.000% | — | — | 25x | as long as short |
| QFEX IBM-USD | +0.0049% | 1h | 232.12 | +0.022% | $1.2M | $2.1M | 10x | as long as short |
| tradeXYZ xyz:IBMshort | +0.0050% | 1h | 231.96 | −0.047% | $1.8M | $799K | 10x | |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.21 | +0.060% | $195K | $46K | 20x | as long as short |
SunX IBM-USDT
tradeXYZ xyz:IBM
BloFin IBM-USDT
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
HTX IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
KuCoin IBMUSDTM