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 +0.025%
Price spread now: Binance against Bybit+0.064%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.189%+$19 · spread now +0.064%, 7d avg +0.073%
Together, before fees+0.320%+$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IBMUSDT232.650get 0.0000% / 8h6h 19m$1.0M$308K50x
ShortBinance IBMUSDT232.800get 0.0000% / 8h6h 19m$3.8M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.064% → +0.073%
−$0.92
Slippage, 4 orders
−$27.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.87
Costs to cover
0.490%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 10 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 Bybit live order book, 4 min ago2.15 bp13.7 bp −$1485.1 bp −$851doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.22 bp12.0 bp −$1231.9 bp −$319119.1 bp −$11.9Kdoesn'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
Aster IBMUSDT0.0000%8h232.58−0.029%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.73+0.035%$54K$312K10xas long as short
Binance IBMUSDTshort0.0000%8h232.80+0.064%$3.8M$4.7M20x
Bybit IBMUSDTlong0.0000%8h232.65long leg$1.0M$308K50x
OKX IBM-USDT-SWAP0.0000%8h232.78+0.056%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h232.82+0.073%$743K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.77+0.052%$780K$288K20xas long as short
Variational Omni IBM0.0000%8h232.76+0.046%$258K$15Kas long as short
SunX IBM-USDT0.0000%8h232.46−0.082%$1K$404K10xas long as short
HTX IBM-USDT0.0000%8h232.77+0.052%$6K$33K20xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IBM-USDT+0.0006%8h232.74+0.039%$47K$61K20xas long as short
QFEX IBM-USD+0.0015%1h232.72+0.030%$1.2M$2.0M10xas long as short
Lighter IBM+0.0032%1h232.71+0.026%$37K$47K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.583%$5712xas long as short
tradeXYZ xyz:IBM+0.0043%1h232.650.000%$1.8M$789K10xas long as short
Vest IBM-USD-PERP+0.0046%1h232.63−0.009%25xas long as short
KuCoin IBMUSDTM+0.0100%8h232.76+0.047%$195K$158K20xas long as short
GRVT IBM_USDT_Perp+0.0359%8h232.77+0.052%$293$156K10xas long as short