IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.016%

Price spread now: Bitget against tradeXYZ+0.099%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.646% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.099%, 7d avg +0.079%

Together, before fees−0.154%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, 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	tradeXYZ xyz:IBM	231.97	0.0050	pay 0.0006% / 1h	32m 57s	$1.8M	$796K	10x
Short	Bitget IBMUSDT	232.20	0	get 0.0000% / 8h	32m 57s	$780K	$350K	20x

Funding history

latest

Range statsloading…

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.099%Rate

Slippage from tradeXYZ: live order book, 5 min ago; Bitget: live order book, 3 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 5 min ago	1.51 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.88 bp	15.2 bp −$15	65.4 bp −$654	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	−0.0025%	8h	232.23	+0.112%	$47K	$59K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.30	+0.141%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.15	+0.077%	$53K	$315K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.20	+0.100%	$3.8M	$5.6M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.07	+0.043%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.29	+0.138%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.18	+0.091%	$750K	$1.5M	50x	as long as short
Bitget IBMUSDTshort	0.0000%	8h	232.20	+0.099%	$780K	$350K	20x
Variational Omni IBM	0.0000%	8h	232.10	+0.056%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.18	+0.090%	$65	$168K	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-USDT	0.0000%	8h	232.01	+0.017%	$561	$471K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.24	+0.116%	$6K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.26	+0.125%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.329%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0043%	1h	232.11	+0.060%	$1.2M	$2.0M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.98	+0.004%	—	—	25x	as long as short
tradeXYZ xyz:IBMlong	+0.0050%	1h	231.97	long leg	$1.8M	$796K	10x
KuCoin IBMUSDTM	+0.0100%	8h	232.09	+0.052%	$194K	$50K	20x	as long as short