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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: Bitget against Extended−0.008%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.008%, 7d avg 0.000%
Together, before fees−0.058%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD231.980get 0.0000% / 1h55m 17s$53K$234K10x
ShortBitget IBMUSDT231.960get 0.0000% / 8h2h 55m$787K$323K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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: −0.008% → 0.000%
−$0.83
Slippage, 4 orders
−$45.66
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.49
Costs to cover
0.627%
Break-even
never at this rate
Slippage from Extended: live order book, 57 min ago; Bitget: live order book, 55 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 Extended live order book, 57 min ago1.94 bp16.3 bp −$16186.8 bp −$1,868doesn't fitdoesn't fit
Sell Bitget live order book, 55 min ago2.38 bp17.9 bp −$1863.9 bp −$639doesn'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
Aster IBMUSDT0.0000%8h232.11+0.058%$13K$127K20xas long as short
Extended IBM-USDlong0.0000%1h231.98long leg$53K$234K10x
Binance IBMUSDT0.0000%8h232.10+0.050%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h232.01+0.013%$984K$337K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.09+0.048%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.19+0.091%$808K$1.4M50xas long as short
Bitget IBMUSDTshort0.0000%8h231.96−0.008%$787K$323K20x
Variational Omni IBM0.0000%8h232.13+0.065%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.09+0.046%$777$161K10xas long as short
SunX IBM-USDT0.0000%8h231.94−0.017%$946$476K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.42+0.190%$6K$33K20xas long as short
BloFin IBM-USDT+0.0025%8h232.12+0.061%$47K$52K20xas long as short
QFEX IBM-USD+0.0030%1h232.00+0.009%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.91−0.030%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.333%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.96−0.008%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.99+0.005%$1.8M$792K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.01+0.013%$195K$35K20xas long as short