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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.026%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.026%, 7d avg +0.025%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IBMUSDT232.620get 0.0000% / 8h5h 58m$779K$288K20x
ShortGate IBM_USDT232.680get 0.0000% / 8h5h 58m$743K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.026% → +0.025%
$0.03
Slippage, 4 orders
−$55.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$82.86
Costs to cover
0.829%
Break-even
never at this rate
Slippage from Bitget: live order book, 49 min ago; Gate: live order book, 2 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 Bitget live order book, 49 min ago3.87 bp18.8 bp −$1943.2 bp −$432doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.65 bp30.0 bp −$30218.9 bp −$2,189doesn't fitdoesn't fit

IBM on 18 exchanges

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−0.0028%8h232.74+0.052%$47K$62K20xas long as short
Aster IBMUSDT0.0000%8h232.56−0.026%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.53−0.037%$53K$310K10xas long as short
Binance IBMUSDT0.0000%8h232.61−0.004%$3.8M$4.6M20xas long as short
Bybit IBMUSDT0.0000%8h232.55−0.030%$1.0M$305K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.52−0.043%$1.4M$1.0M20xas long as short
Gate IBM_USDTshort0.0000%8h232.68+0.026%$743K$1.4M50x
Bitget IBMUSDTlong0.0000%8h232.62long leg$779K$288K20x
Variational Omni IBM0.0000%8h232.63+0.004%$258K$15Kas long as short
SunX IBM-USDT0.0000%8h232.30−0.138%$1K$392K10xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.99+0.159%$6K$34K20xas long as short
QFEX IBM-USD+0.0015%1h232.620.000%$1.2M$2.0M10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.571%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.44−0.077%25xas long as short
KuCoin IBMUSDTM+0.0100%8h232.52−0.043%$195K$182K20xas long as short
Lighter IBM+0.0112%1h232.46−0.069%$37K$47K10xas long as short
tradeXYZ xyz:IBM+0.0278%1h232.38−0.103%$1.8M$787K10xas long as short
GRVT IBM_USDT_Perp+0.0486%8h232.71+0.040%$407$156K10xas long as short