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 −0.035%
Price spread now: Binance against GRVT+0.020%59s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.020%, 7d avg +0.003%
Together, before fees−0.386%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IBM_USDT_Perp232.090get 0.0000% / 8h2h 54m$777$161K10x
ShortBinance IBMUSDT232.130get 0.0000% / 8h2h 54m$3.8M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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: +0.020% → +0.003%
$1.7
Slippage, 4 orders
−$34.78
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$52.08
Costs to cover
0.538%
Break-even
never at this rate
Slippage from GRVT: live order book, 53 min ago; Binance: live order book, 13 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 GRVT live order book, 53 min ago1.51 bp11.7 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.65 bp12.7 bp −$1333.5 bp −$335139.5 bp −$13.9Kdoesn'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
Aster IBMUSDT0.0000%8h232.10+0.005%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.07−0.006%$53K$234K10xas long as short
Binance IBMUSDTshort0.0000%8h232.13+0.020%$3.8M$5.4M20x
Bybit IBMUSDT0.0000%8h232.01−0.033%$984K$337K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.09+0.002%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.20+0.049%$808K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.96−0.054%$787K$323K20xas long as short
Variational Omni IBM0.0000%8h232.13+0.019%$257K$13Kas long as short
GRVT IBM_USDT_Perplong0.0000%8h232.09long leg$777$161K10x
SunX IBM-USDT0.0000%8h231.94−0.063%$946$476K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.42+0.144%$6K$33K20xas long as short
BloFin IBM-USDT+0.0025%8h232.12+0.015%$47K$52K20xas long as short
QFEX IBM-USD+0.0030%1h232.05−0.015%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.92−0.071%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.372%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.95−0.058%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.99−0.041%$1.8M$794K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.02−0.028%$195K$35K20xas long as short