Settings8H · net · $10k
Funding arb · Price arb /

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against Aster+0.062%102s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.062% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IBMUSDT232.520get 0.0000% / 8h5h 29m$13K$127K20x
ShortBloFin IBM-USDT232.660.0028get 0.0028% / 8h5h 29m$47K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Funding earned
$5.82
Price spread: +0.062% → 0.000%
$6.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.99
Costs to cover
0.200%
Break-even
16.6 days
Slippage unknown: Aster: live order book, 14 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 14 min ago24.70 bp59.1 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

IBM on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IBMUSDTlong0.0000%8h232.52long leg$13K$127K20x
Extended IBM-USD0.0000%1h232.54+0.011%$56K$309K10xas long as short
Binance IBMUSDT0.0000%8h232.62+0.047%$3.8M$4.7M20xas long as short
Bybit IBMUSDT0.0000%8h232.53+0.006%$998K$310K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.64+0.053%$1.4M$1.0M20xas long as short
Gate IBM_USDT0.0000%8h232.67+0.066%$743K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.62+0.045%$779K$282K20xas long as short
Variational Omni IBM0.0000%8h232.59+0.030%$258K$15Kas long as short
SunX IBM-USDT0.0000%8h232.52+0.002%$1K$384K10xas long as short
HTX IBM-USDT0.0000%8h232.74+0.096%$6K$34K20xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX IBM-USD+0.0026%1h232.58+0.027%$1.2M$2.0M10xas long as short
BloFin IBM-USDTshort+0.0028%8h232.66+0.062%$47K$63K20x
Lighter IBM+0.0032%1h232.53+0.006%$37K$47K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.533%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.51−0.003%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.34−0.076%$1.8M$788K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.64+0.053%$196K$215K20xas long as short
GRVT IBM_USDT_Perp+0.0621%8h232.62+0.045%$456$153K10xas long as short