IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.017%

Price spread now: Bybit against tradeXYZ+0.026%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$520.522% 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)−0.019%−$2 · spread now +0.026%, 7d avg +0.043%

Together, before fees−0.132%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$1 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	231.27	0.0034	pay 0.0004% / 1h	34m 52s	$1.9M	$756K	10x
Short	Bybit IBMUSDT	231.33	0	get 0.0000% / 8h	4h 34m	$980K	$348K	50x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now +0.026%Rate

Slippage from tradeXYZ: live order book, 3 min ago; Bybit: live order book, 20 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, 3 min ago	1.51 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 20 min ago	2.81 bp	11.1 bp −$11	69.5 bp −$695	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
Aster IBMUSDT	0.0000%	8h	231.36	+0.037%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.43	+0.069%	$53K	$235K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.48	+0.092%	$3.9M	$5.4M	20x	as long as short
Bybit IBMUSDTshort	0.0000%	8h	231.33	+0.026%	$980K	$348K	50x
OKX IBM-USDT-SWAP	0.0000%	8h	231.46	+0.082%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	+0.108%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.47	+0.086%	$785K	$341K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.44	+0.075%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.47	+0.088%	$486	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.40	+0.056%	$956	$482K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	231.61	+0.147%	$5K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0004%	8h	231.50	+0.099%	$47K	$51K	20x	as long as short
QFEX IBM-USD	+0.0026%	1h	231.38	+0.048%	$1.2M	$2.5M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.37	+0.043%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.067%	—	$57	12x	as long as short
tradeXYZ xyz:IBMlong	+0.0034%	1h	231.27	long leg	$1.9M	$756K	10x
Vest IBM-USD-PERP	+0.0046%	1h	231.34	+0.030%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.44	+0.074%	$194K	$34K	20x	as long as short