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+0.0040%/8h= +4.3% APRnext payment +$0.40 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Bitget+0.013%75s7-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 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. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IBMUSDT231.430get 0.0000% / 8h1h 30m$798K$400K20x
ShortBloFin IBM-USDT231.460.0040get 0.0040% / 8h1h 30m$46K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$8.34
Price spread: +0.013% → 0.000%
$1.3
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.36
Costs to cover
0.240%
Break-even
19.1 days
Slippage unknown: Bitget: live order book, 51 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 Bitget live order book, 51 min ago2.16 bp26.5 bp −$2668.4 bp −$684doesn'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 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%8h231.37−0.024%$13K$126K20xas long as short
Bybit IBMUSDT0.0000%8h231.29−0.060%$976K$381K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.48+0.022%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.41−0.009%$807K$1.5M50xas long as short
Bitget IBMUSDTlong0.0000%8h231.43long leg$798K$400K20x
Variational Omni IBM0.0000%8h231.42−0.006%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.28−0.065%$886$535K10xas long as short
HTX IBM-USDT0.0000%8h231.79+0.156%$5K$34K20xas long as short
Binance IBMUSDT+0.0013%8h231.44+0.004%$3.9M$5.8M20xas long as short
Extended IBM-USD+0.0016%1h231.40−0.015%$54K$202K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX IBM-USD+0.0016%1h231.37−0.026%$1.2M$3.2M10xas long as short
Lighter IBM+0.0032%1h231.42−0.004%$38K$50K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.127%$5712xas long as short
BloFin IBM-USDTshort+0.0040%8h231.46+0.013%$46K$52K20x
Vest IBM-USD-PERP+0.0046%1h231.20−0.099%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.22−0.091%$2.0M$814K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.24−0.082%$194K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0267%8h231.47+0.017%$910$173K10xas long as short