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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Variational Omni against Bybit+0.063%7-day average +0.060% · 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 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now +0.063%, 7d avg +0.060%
Together, before fees+0.236%+ Points / potential airdropVariational Omni: Active · farm board+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IBMUSDT231.210get 0.0000% / 8h4h 44m$979K$348K50x
ShortVariational Omni IBM231.350get 0.0000% / 8h4h 44m$256K$15K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.063% → +0.060%
$0.3
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.7
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 11 min ago; Variational Omni: RFQ quote, 15 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 Bybit live order book, 11 min ago2.81 bp16.1 bp −$1688.5 bp −$885doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago2.79 bpdoesn't fit20.9 bp −$209doesn't fitdoesn't fit

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
BloFin IBM-USDT−0.0006%8h231.37+0.069%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.20−0.004%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.33+0.051%$53K$235K10xas long as short
Bybit IBMUSDTlong0.0000%8h231.21long leg$979K$348K50x
OKX IBM-USDT-SWAP0.0000%8h231.38+0.074%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.42+0.091%$804K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.40+0.082%$785K$341K20xas long as short
Variational Omni IBMshort0.0000%8h231.35+0.063%$256K$15K
GRVT IBM_USDT_Perp0.0000%8h231.41+0.085%$132$159K10xas long as short
SunX IBM-USDT0.0000%8h231.20−0.004%$990$482K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h231.88+0.290%$5K$33K20xas long as short
tradeXYZ xyz:IBM+0.0001%1h231.15−0.026%$1.9M$755K10xas long as short
Binance IBMUSDT+0.0004%8h231.39+0.078%$3.9M$5.4M20xas long as short
QFEX IBM-USD+0.0026%1h231.31+0.043%$1.2M$2.5M10xas long as short
Lighter IBM+0.0032%1h231.32+0.048%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.044%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.26+0.022%25xas long as short
KuCoin IBMUSDTM+0.0100%8h231.33+0.052%$194K$34K20xas long as short