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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Extended against Binance−0.028%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.028%, 7d avg −0.038%
Together, before fees−0.247%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT231.590get 0.0000% / 8h3h 51m$3.8M$5.4M20x
ShortExtended IBM-USD231.520get 0.0000% / 1h51m 24s$54K$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0
Price spread: −0.028% → −0.038%
$0.93
Slippage, 4 orders
−$37.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$52
Costs to cover
0.529%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Extended: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago0.22 bp10.1 bp −$1026.8 bp −$268doesn't fitdoesn't fit
Sell Extended live order book, 66 min ago2.16 bp15.8 bp −$16170.8 bp −$1,708doesn't fitdoesn't fit

IBM on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IBM-USDT−0.0006%8h231.58−0.004%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.45−0.062%$13K$127K20xas long as short
Extended IBM-USDshort0.0000%1h231.52−0.028%$54K$233K10x
Binance IBMUSDTlong0.0000%8h231.59long leg$3.8M$5.4M20x
Bybit IBMUSDT0.0000%8h231.47−0.052%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.55−0.017%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.55−0.017%$801K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.590.000%$786K$337K20xas long as short
Variational Omni IBM0.0000%8h231.55−0.015%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.56−0.011%$933$160K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.46−0.056%$1K$476K10xas long as short
HTX IBM-USDT0.0000%8h231.92+0.142%$5K$34K20xas long as short
QFEX IBM-USD+0.0030%1h231.50−0.039%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.44−0.065%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.187%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.082%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.33−0.112%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.63+0.017%$195K$34K20xas long as short