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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0142%/8h= −15.6% APRnext payment $1.42 per $10,000 · paid last 24h −0.044%
Price spread now: Aster against BloFin−0.092%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.092% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IBM-USDT231.610.0142pay 0.0142% / 8h7h 07m$665$52K20x
ShortAster IBMUSDT231.400get 0.0000% / 8h7h 07m$13K$127K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$29.88
Price spread: −0.092% → 0.000%
−$9.22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$59.11
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Aster: live order book, 64 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 BloFin no order-book sample
Sell Aster live order book, 64 min ago28.49 bp66.4 bp −$66doesn't fitdoesn't fitdoesn't fit
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 IBMUSDTshort0.0000%8h231.40−0.092%$13K$127K20x
Bybit IBMUSDT0.0000%8h231.38−0.099%$974K$350K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.49−0.052%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.44−0.073%$800K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.54−0.030%$792K$347K20xas long as short
Variational Omni IBM0.0000%8h231.56−0.023%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.42−0.082%$1K$489K10xas long as short
HTX IBM-USDT0.0000%8h231.81+0.086%$5K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0025%8h231.58−0.014%$412$162K10xas long as short
QFEX IBM-USD+0.0025%1h231.43−0.078%$1.2M$3.2M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IBM+0.0032%1h231.37−0.104%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.195%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.31−0.130%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.30−0.134%$1.9M$721K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.50−0.047%$195K$33K20xas long as short
BloFin IBM-USDTlong+0.0142%8h231.61long leg$665$52K20x
Binance IBMUSDT+0.0158%8h231.51−0.043%$3.9M$5.3M20xas long as short
Extended IBM-USD+0.0160%1h231.45−0.068%$53K$234K10xas long as short