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: OKX against Gate−0.034%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 days+0.005%+$1 · spread now −0.034%, 7d avg −0.032%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IBM_USDT232.170get 0.0000% / 8h2h 52m$808K$1.4M50x
ShortOKX IBM-USDT-SWAP232.090get 0.0000% / 8h2h 52m$1.4M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.034% → −0.032%
−$0.23
Slippage, 4 orders
−$26.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.25
Costs to cover
0.510%
Break-even
never at this rate
Slippage from Gate: live order book, just now; 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 Gate live order book, just now3.02 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.08 bp8.0 bp −$8137.7 bp −$1,377doesn'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-USDT−0.0002%8h232.12−0.022%$47K$52K20xas long as short
Aster IBMUSDT0.0000%8h232.11−0.024%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.10−0.032%$53K$234K10xas long as short
Binance IBMUSDT0.0000%8h232.16−0.006%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h232.02−0.065%$984K$337K50xas long as short
OKX IBM-USDT-SWAPshort0.0000%8h232.09−0.034%$1.4M$1.2M20x
Gate IBM_USDTlong0.0000%8h232.17long leg$808K$1.4M50x
Bitget IBMUSDT0.0000%8h231.96−0.090%$787K$322K20xas long as short
Variational Omni IBM0.0000%8h232.13−0.017%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.09−0.036%$777$161K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.94−0.099%$976$476K10xas long as short
HTX IBM-USDT0.0000%8h232.36+0.082%$6K$33K20xas long as short
QFEX IBM-USD+0.0030%1h232.06−0.047%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.95−0.095%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.404%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.94−0.099%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.90−0.116%$1.8M$799K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.03−0.060%$195K$35K20xas long as short