Funding arb · Price arb /

IBM

RWAall IBM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Gate+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate IBM_USDT	232.88	0	get 0.0000% / 8h	6h 17m	$744K	$1.4M	50x
Short	HTX IBM-USDT	232.91	0	get 0.0000% / 8h	6h 17m	$6K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → 0.000%: $1.29
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.71
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	3.43 bp	13.6 bp −$14	194.6 bp −$1,946	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IBM-USDT	−0.0009%	8h	232.74	−0.060%	$47K	$61K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.58	−0.127%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.79	−0.041%	$53K	$313K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.85	−0.011%	$3.8M	$4.7M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.66	−0.094%	$1.0M	$308K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.80	−0.034%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDTlong	0.0000%	8h	232.88	long leg	$744K	$1.4M	50x
Bitget IBMUSDT	0.0000%	8h	232.83	−0.021%	$780K	$288K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.76	−0.053%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.46	−0.180%	$1K	$404K	10x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDTshort	0.0000%	8h	232.91	+0.013%	$6K	$33K	20x
QFEX IBM-USD	+0.0015%	1h	232.77	−0.047%	$1.2M	$2.0M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.74	−0.060%	$37K	$47K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.668%	—	$57	12x	as long as short
tradeXYZ xyz:IBM	+0.0045%	1h	232.69	−0.082%	$1.8M	$789K	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.74	−0.060%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.78	−0.043%	$195K	$159K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0367%	8h	232.80	−0.033%	$293	$156K	10x	as long as short