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+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Injective+15.409%50s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 15.409% dearer against Injective than usual: you sell high and buy low: +$1,541 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective IBM/USDC PERP201.050.0033pay 0.0004% / 1h17m 55s$5712x
ShortVest IBM-USD-PERP232.030.0046get 0.0006% / 1h17m 55s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$2.59
Price spread: +15.409% → 0.000%
$1,540.91
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$1,541.48
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Vest no order-book sample
Injective and Vest: 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−0.0027%8h232.20+15.494%$47K$59K20xas long as short
Aster IBMUSDT0.0000%8h232.13+15.458%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.15+15.470%$53K$311K10xas long as short
Binance IBMUSDT0.0000%8h232.22+15.501%$3.8M$5.6M20xas long as short
Bybit IBMUSDT0.0000%8h232.00+15.394%$1.0M$352K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.22+15.504%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.21+15.499%$750K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.21+15.499%$780K$350K20xas long as short
Variational Omni IBM0.0000%8h232.16+15.476%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.16+15.471%$539$167K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h232.10+15.444%$808$472K10xas long as short
HTX IBM-USDT0.0000%8h232.43+15.608%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.30+15.543%$38K$49K10xas long as short
Injective IBM/USDC PERPlong+0.0033%1h201.05long leg$5712x
QFEX IBM-USD+0.0043%1h232.08+15.434%$1.2M$2.1M10xas long as short
Vest IBM-USD-PERPshort+0.0046%1h232.03+15.409%25x
tradeXYZ xyz:IBM+0.0050%1h231.95+15.369%$1.8M$797K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.16+15.474%$195K$54K20xas long as short