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 −0.083%
Price spread now: Bybit against GRVT−0.074%80s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.214%−$21 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.074%, 7d avg −0.063%
Together, before fees−0.315%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IBM_USDT_Perp232.220get 0.0000% / 8h2h 16m$385$162K10x
ShortBybit IBMUSDT232.050get 0.0000% / 8h2h 16m$983K$340K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.074% → −0.063%
−$1.07
Slippage, 4 orders
−$31.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$52.32
Costs to cover
0.513%
Break-even
never at this rate
Slippage from GRVT: live order book, 27 min ago; Bybit: live order book, 29 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, 27 min ago1.94 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 29 min ago3.88 bp12.5 bp −$1270.9 bp −$709doesn'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%8h232.24+0.008%$47K$52K20xas long as short
Aster IBMUSDT0.0000%8h232.06−0.068%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.19−0.015%$53K$239K10xas long as short
Binance IBMUSDT0.0000%8h232.25+0.012%$3.8M$5.5M20xas long as short
Bybit IBMUSDTshort0.0000%8h232.05−0.074%$983K$340K50x
OKX IBM-USDT-SWAP0.0000%8h232.22−0.001%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.26+0.016%$753K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.11−0.048%$789K$327K20xas long as short
Variational Omni IBM0.0000%8h232.15−0.029%$257K$13Kas long as short
GRVT IBM_USDT_Perplong0.0000%8h232.22long leg$385$162K10x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h232.03−0.083%$852$474K10xas long as short
HTX IBM-USDT0.0000%8h232.26+0.016%$6K$33K20xas long as short
QFEX IBM-USD+0.0030%1h232.19−0.014%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.93−0.126%$38K$48K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.423%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.03−0.083%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.96−0.113%$1.8M$808K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.09−0.057%$195K$39K20xas long as short