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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.008%
Price spread now: BloFin against Extended+0.042%94s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.042% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD232.620get 0.0000% / 1h53m 39s$54K$313K10x
ShortBloFin IBM-USDT232.720.0005get 0.0005% / 8h6h 53m$47K$61K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$1.01
Price spread: +0.042% → 0.000%
$4.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.75
Costs to cover
0.170%
Break-even
88.7 days
Slippage unknown: Extended: live order book, 39 min ago; BloFin: 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 Extended live order book, 39 min ago0.65 bp14.5 bp −$14164.9 bp −$1,649doesn't fitdoesn't fit
Sell BloFin no order-book sample
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
tradeXYZ xyz:IBM−0.0102%1h232.57−0.022%$1.8M$774K10xas long as short
Aster IBMUSDT0.0000%8h232.59−0.016%$13K$127K20xas long as short
Extended IBM-USDlong0.0000%1h232.62long leg$54K$313K10x
Binance IBMUSDT0.0000%8h232.69+0.030%$3.8M$4.7M20xas long as short
Bybit IBMUSDT0.0000%8h232.56−0.026%$995K$313K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.64+0.008%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h232.75+0.055%$743K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.71+0.038%$782K$290K20xas long as short
Variational Omni IBM0.0000%8h232.69+0.031%$258K$15Kas long as short
SunX IBM-USDT0.0000%8h232.44−0.078%$904$412K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.90+0.120%$6K$33K20xas long as short
BloFin IBM-USDTshort+0.0005%8h232.72+0.042%$47K$61K20x
QFEX IBM-USD+0.0015%1h232.66+0.017%$1.2M$2.0M10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.572%$5712xas long as short
Lighter IBM+0.0040%1h232.94+0.137%$38K$45K10xas long as short
Vest IBM-USD-PERP+0.0046%1h232.57−0.022%25xas long as short
KuCoin IBMUSDTM+0.0100%8h232.62−0.001%$195K$120K20xas long as short
GRVT IBM_USDT_Perp+0.0398%8h232.76+0.060%$563$161K10xas long as short