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: Bybit against Gate−0.056%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.056%, 7d avg −0.061%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IBM_USDT231.390get 0.0000% / 8h4h 48m$804K$1.4M50x
ShortBybit IBMUSDT231.260get 0.0000% / 8h4h 48m$979K$348K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.056% → −0.061%
$0.53
Slippage, 4 orders
−$36.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$61.75
Costs to cover
0.623%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 6 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 Gate live order book, 3 min ago2.81 bp17.5 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago2.81 bp11.1 bp −$1169.5 bp −$695doesn'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-USDT0.0000%8h231.40+0.004%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.24−0.065%$13K$127K20xas long as short
Bybit IBMUSDTshort0.0000%8h231.26−0.056%$979K$348K50x
OKX IBM-USDT-SWAP0.0000%8h231.41+0.009%$1.4M$1.1M20xas long as short
Gate IBM_USDTlong0.0000%8h231.39long leg$804K$1.4M50x
Bitget IBMUSDT0.0000%8h231.40+0.004%$785K$341K20xas long as short
Variational Omni IBM0.0000%8h231.33−0.024%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.42+0.013%$132$159K10xas long as short
SunX IBM-USDT0.0000%8h231.22−0.073%$966$483K10xas long as short
HTX IBM-USDT0.0000%8h231.38−0.004%$5K$33K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:IBM+0.0002%1h231.14−0.108%$1.9M$756K10xas long as short
Extended IBM-USD+0.0008%1h231.32−0.030%$53K$235K10xas long as short
Binance IBMUSDT+0.0009%8h231.390.000%$3.9M$5.4M20xas long as short
QFEX IBM-USD+0.0026%1h231.31−0.035%$1.2M$2.5M10xas long as short
Lighter IBM+0.0032%1h231.34−0.022%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.112%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.22−0.073%25xas long as short
KuCoin IBMUSDTM+0.0100%8h231.33−0.026%$194K$34K20xas long as short