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

IBM

RWAall IBM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.039%
Price spread now: Extended against OKX+0.001%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.001%, 7d avg −0.007%
Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IBM-USDT-SWAP231.560get 0.0000% / 8h5h 57m$1.4M$1.1M20x
ShortExtended IBM-USD231.560.0096get 0.0012% / 1h57m 57s$53K$237K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$20.16
Price spread: +0.001% → −0.007%
$0.75
Slippage, 4 orders
−$36.81
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$30.9
Costs to cover
0.518%
Break-even
17.7 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 4 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 OKX live order book, 4 min ago1.08 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago1.08 bp15.0 bp −$15175.9 bp −$1,759doesn't fitdoesn't fit

IBM on 17 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%8h231.39−0.075%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.46−0.043%$974K$346K50xas long as short
OKX IBM-USDT-SWAPlong0.0000%8h231.56long leg$1.4M$1.1M20x
Gate IBM_USDT0.0000%8h231.54−0.009%$799K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.59+0.013%$792K$335K20xas long as short
Variational Omni IBM0.0000%8h231.60+0.017%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.30−0.112%$877$487K10xas long as short
HTX IBM-USDT0.0000%8h232.03+0.203%$5K$34K20xas long as short
Lighter IBM+0.0032%1h231.51−0.022%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.176%$5712xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX IBM-USD+0.0035%1h231.53−0.013%$1.2M$2.8M10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.069%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.39−0.073%$1.9M$725K10xas long as short
GRVT IBM_USDT_Perp+0.0076%8h231.53−0.011%$285$158K10xas long as short
Binance IBMUSDT+0.0092%8h231.62+0.026%$3.9M$5.2M20xas long as short
Extended IBM-USDshort+0.0096%1h231.56+0.001%$53K$237K10x
KuCoin IBMUSDTM+0.0100%8h231.49−0.030%$194K$33K20xas long as short