Funding arb · Price arb /

IBM

RWAall IBM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Aster+0.007%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Vest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	Aster IBMUSDT	231.14	0	get 0.0000% / 8h	6h 22m	$13K	$127K	20x
Short	Vest IBM-USD-PERP	231.16	0.0046	get 0.0006% / 1h	22m 06s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee AsterbpFee VestbpOrdersPrice spread, now +0.007%Rate

Funding earned: $9.59
Price spread: +0.007% → 0.000%: $0.67
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $0.26
Costs to cover: 0.100%
Break-even: 6.8 days

Slippage unknown: Aster: live order book, 44 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 44 min ago	24.40 bp	62.7 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 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 IBMUSDTlong	0.0000%	8h	231.14	long leg	$13K	$127K	20x
Bybit IBMUSDT	0.0000%	8h	231.18	+0.015%	$972K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.25	+0.046%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.36	+0.093%	$798K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.38	+0.102%	$791K	$338K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.34	+0.085%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.16	+0.007%	$1K	$487K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.84	+0.301%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.31	+0.072%	$1.2M	$3.0M	10x	as long as short
GRVT IBM_USDT_Perp	+0.0030%	8h	231.35	+0.089%	$458	$159K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.020%	—	$57	12x	as long as short
Vest IBM-USD-PERPshort	+0.0046%	1h	231.16	+0.007%	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.21	+0.028%	$1.9M	$723K	10x	as long as short
Lighter IBM	+0.0080%	1h	231.48	+0.145%	$38K	$43K	10x	as long as short
Extended IBM-USD	+0.0096%	1h	231.32	+0.075%	$53K	$237K	10x	as long as short
Binance IBMUSDT	+0.0099%	8h	231.38	+0.102%	$3.9M	$5.2M	20x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.21	+0.028%	$194K	$33K	20x	as long as short