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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%
Price spread now: Variational Omni against Binance−0.001%7-day average −0.007% · you buy dearer than you sell
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 4 days (all we have)−0.061%−$6 on $10k
Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.001%, 7d avg −0.007%
Together, before fees+0.148%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT232.340get 0.0000% / 8h1h 33m$3.8M$5.5M20x
ShortVariational Omni IBM232.340get 0.0000% / 8h1h 33m$257K$14K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.001% → −0.007%
$0.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.42
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: RFQ quote, 10 min ago. 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, 4 min ago0.22 bp10.0 bp −$1029.3 bp −$293doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 10 min ago5.49 bpdoesn't fit69.6 bp −$696doesn'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
Aster IBMUSDT0.0000%8h232.15−0.083%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.28−0.027%$57K$238K10xas long as short
Binance IBMUSDTlong0.0000%8h232.34long leg$3.8M$5.5M20x
Bybit IBMUSDT0.0000%8h232.18−0.070%$1.0M$354K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.24−0.044%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.33−0.005%$752K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.27−0.031%$780K$343K20xas long as short
Variational Omni IBMshort0.0000%8h232.34−0.001%$257K$14K
GRVT IBM_USDT_Perp0.0000%8h232.34−0.001%$170$164K10xas long as short
SunX IBM-USDT0.0000%8h232.05−0.126%$1K$473K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.27−0.031%$6K$33K20xas long as short
BloFin IBM-USDT+0.0025%8h232.37+0.012%$47K$56K20xas long as short
Lighter IBM+0.0032%1h232.42+0.033%$38K$49K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.468%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.15−0.083%25xas long as short
tradeXYZ xyz:IBM+0.0049%1h232.08−0.113%$1.8M$817K10xas long as short
QFEX IBM-USD+0.0049%1h232.17−0.074%$1.2M$2.1M10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.22−0.053%$195K$46K20xas long as short