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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.046%
Price spread now: SunX against KuCoin−0.060%7-day average −0.051% · 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 7 days−0.224%−$22 on $10k
Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.060%, 7d avg −0.051%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IBMUSDTM231.450.0100pay 0.0100% / 8h15m 04s$194K$34K20x
ShortSunX IBM-USDT231.310get 0.0000% / 8h15m 04s$1K$535K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: −0.060% → −0.051%
−$0.9
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$41.9
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 39 min ago; SunX: live order book, 46 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 KuCoin live order book, 39 min ago7.14 bp650.4 bp −$650doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 46 min ago500.35 bpdoesn't fitdoesn't fitdoesn'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
Aster IBMUSDT0.0000%8h231.81+0.154%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.42−0.013%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.50+0.022%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.52+0.030%$797K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.61+0.069%$798K$403K20xas long as short
Variational Omni IBM0.0000%8h231.57+0.052%$256K$15Kas long as short
SunX IBM-USDTshort0.0000%8h231.31−0.060%$1K$535K10x
HTX IBM-USDT0.0000%8h231.98+0.229%$5K$34K20xas long as short
QFEX IBM-USD+0.0031%1h231.52+0.030%$1.2M$3.3M10xas long as short
Lighter IBM+0.0032%1h231.54+0.039%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.135%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.022%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.44−0.004%$2.0M$814K10xas long as short
KuCoin IBMUSDTMlong+0.0100%8h231.45long leg$194K$34K20x
Binance IBMUSDT+0.0189%8h231.59+0.060%$3.9M$5.8M20xas long as short
Extended IBM-USD+0.0192%1h231.55+0.041%$54K$202K10xas long as short
BloFin IBM-USDT+0.0207%8h231.69+0.104%$46K$52K20xas long as short
GRVT IBM_USDT_Perp+0.0432%8h231.57+0.050%$621$170K10xas long as short