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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Bitget−0.099%51s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.099% cheaper against Bitget than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 7.2 days of funding at the current rate (+$1 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IBMUSDT231.610get 0.0000% / 8h3h 29m$786K$333K20x
ShortVest IBM-USD-PERP231.380.0046get 0.0006% / 1h29m 48s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: −0.099% → 0.000%
−$9.93
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$14.34
Costs to cover
0.140%
Break-even
17.5 days
Slippage unknown: Bitget: live order book, 21 min ago; Vest: 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, 21 min ago2.38 bp12.5 bp −$1335.9 bp −$359doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h231.56−0.020%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.54−0.029%$53K$233K10xas long as short
Binance IBMUSDT0.0000%8h231.60−0.005%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.49−0.052%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.610.000%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.58−0.013%$801K$1.4M50xas long as short
Bitget IBMUSDTlong0.0000%8h231.61long leg$786K$333K20x
Variational Omni IBM0.0000%8h231.57−0.015%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.62+0.004%$632$161K10xas long as short
SunX IBM-USDT0.0000%8h231.41−0.086%$997$476K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h231.83+0.095%$6K$34K20xas long as short
BloFin IBM-USDT+0.0004%8h231.610.000%$47K$51K20xas long as short
QFEX IBM-USD+0.0030%1h231.52−0.039%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.44−0.073%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.195%$5712xas long as short
Vest IBM-USD-PERPshort+0.0046%1h231.38−0.099%25x
tradeXYZ xyz:IBM+0.0050%1h231.36−0.108%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.58−0.013%$195K$34K20xas long as short