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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.53 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Binance+0.139%7-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 feesneeds both histories
The price spread pays, funding is against you. HTX is 0.139% dearer against Binance than usual: you sell high and buy low (spread +0.139% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT231.380.0053pay 0.0053% / 8h1h 05m$3.9M$5.8M20x
ShortHTX IBM-USDT231.700get 0.0000% / 8h1h 05m$5K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$11.13
Price spread: +0.139% → 0.000%
$13.91
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$19.23
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; HTX: 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 Binance live order book, 2 min ago0.22 bp11.9 bp −$1233.9 bp −$339doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 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
Aster IBMUSDT0.0000%8h231.18−0.084%$13K$126K20xas long as short
Bybit IBMUSDT0.0000%8h231.20−0.077%$976K$381K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.31−0.029%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.35−0.012%$812K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.32−0.025%$798K$396K20xas long as short
Variational Omni IBM0.0000%8h231.31−0.028%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.15−0.099%$816$535K10xas long as short
HTX IBM-USDTshort0.0000%8h231.70+0.139%$5K$34K20x
QFEX IBM-USD+0.0016%1h231.30−0.034%$1.2M$3.2M10xas long as short
BloFin IBM-USDT+0.0028%8h231.34−0.017%$46K$52K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IBM+0.0032%1h231.43+0.022%$38K$50K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.108%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.20−0.077%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.17−0.090%$2.0M$808K10xas long as short
Binance IBMUSDTlong+0.0053%8h231.38long leg$3.9M$5.8M20x
Extended IBM-USD+0.0056%1h231.29−0.037%$54K$202K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.24−0.060%$194K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0322%8h231.36−0.008%$185$172K10xas long as short