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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: OKX against Extended−0.004%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.004%, 7d avg +0.007%
Together, before fees−0.047%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD231.370get 0.0000% / 1h1m 22s$54K$202K10x
ShortOKX IBM-USDT-SWAP231.360get 0.0000% / 8h2h 01m$1.4M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.004% → +0.007%
−$1.09
Slippage, 4 orders
−$54.06
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$70.15
Costs to cover
0.691%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; OKX: live order book, 5 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, 20 min ago1.73 bp15.4 bp −$15127.0 bp −$1,270doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.81 bp18.0 bp −$18193.3 bp −$1,933doesn'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
tradeXYZ xyz:IBM−0.0022%1h231.19−0.077%$2.0M$812K10xas long as short
BloFin IBM-USDT−0.0022%8h231.34−0.012%$46K$52K20xas long as short
Aster IBMUSDT0.0000%8h231.02−0.149%$13K$126K20xas long as short
Extended IBM-USDlong0.0000%1h231.37long leg$54K$202K10x
Binance IBMUSDT0.0000%8h231.39+0.009%$3.9M$5.8M20xas long as short
Bybit IBMUSDT0.0000%8h231.19−0.077%$973K$381K50xas long as short
OKX IBM-USDT-SWAPshort0.0000%8h231.36−0.004%$1.4M$1.2M20x
Gate IBM_USDT0.0000%8h231.32−0.021%$806K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.44+0.031%$801K$399K20xas long as short
Variational Omni IBM0.0000%8h231.34−0.010%$256K$15Kas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.32−0.021%$1K$536K10xas long as short
HTX IBM-USDT0.0000%8h231.59+0.096%$5K$34K20xas long as short
QFEX IBM-USD+0.0018%1h231.40+0.014%$1.2M$3.2M10xas long as short
Lighter IBM+0.0032%1h231.27−0.043%$38K$50K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.104%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.19−0.077%25xas long as short
KuCoin IBMUSDTM+0.0100%8h231.11−0.112%$194K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0142%8h231.39+0.011%$789$175K10xas long as short