Settings8H · net · $10k
Funding arb · Price arb /

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against HTX−0.108%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.108% cheaper against HTX than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX IBM-USDT231.900get 0.0000% / 8h3h 21m$6K$34K20x
ShortKuCoin IBMUSDTM231.650.0100get 0.0100% / 8h3h 21m$195K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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
$21
Price spread: −0.108% → 0.000%
−$10.78
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.78
Costs to cover
0.240%
Break-even
11.6 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell KuCoin live order book, 49 min ago5.18 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit
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 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−0.0011%8h231.72−0.078%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.62−0.123%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.64−0.114%$53K$237K10xas long as short
Binance IBMUSDT0.0000%8h231.71−0.082%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.57−0.142%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.58−0.138%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.66−0.103%$801K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.67−0.099%$786K$333K20xas long as short
Variational Omni IBM0.0000%8h231.61−0.126%$257K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.63−0.116%$111$162K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.46−0.190%$958$477K10xas long as short
HTX IBM-USDTlong0.0000%8h231.90long leg$6K$34K20x
QFEX IBM-USD+0.0030%1h231.62−0.121%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.49−0.177%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.303%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.54−0.155%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.45−0.194%$1.9M$767K10xas long as short
KuCoin IBMUSDTMshort+0.0100%8h231.65−0.108%$195K$34K20x