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+0.0081%/8h= +8.9% APRnext payment +$0.81 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against SunX+0.082%7-day average +0.081% · 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 7 days+0.110%+$11 on $10k
Price spread, last 2 days (all we have)−0.033%−$3 · spread now +0.082%, 7d avg +0.081%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IBM-USDT231.330get 0.0000% / 8h50m 19s$1K$533K10x
ShortBinance IBMUSDT231.520.0081get 0.0081% / 8h50m 19s$3.9M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$17
Price spread: +0.082% → +0.081%
$0.08
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$0.92
Costs to cover
0.180%
Break-even
7.4 days
Slippage unknown: SunX: live order book, 11 min ago; Binance: live order book, 3 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 SunX live order book, 11 min ago500.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.22 bp13.4 bp −$1352.4 bp −$524166.7 bp −$16.7Kdoesn'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%8h231.33+0.002%$13K$126K20xas long as short
Bybit IBMUSDT0.0000%8h231.38+0.022%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.53+0.086%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.48+0.065%$810K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.32−0.004%$798K$405K20xas long as short
Variational Omni IBM0.0000%8h231.54+0.091%$256K$15Kas long as short
SunX IBM-USDTlong0.0000%8h231.33long leg$1K$533K10x
HTX IBM-USDT0.0000%8h231.58+0.108%$5K$34K20xas long as short
QFEX IBM-USD+0.0031%1h231.48+0.065%$1.2M$3.2M10xas long as short
Lighter IBM+0.0032%1h231.50+0.073%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.090%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.47+0.061%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.29−0.017%$2.0M$810K10xas long as short
Extended IBM-USD+0.0080%1h231.47+0.063%$54K$202K10xas long as short
BloFin IBM-USDT+0.0081%8h231.61+0.121%$46K$52K20xas long as short
Binance IBMUSDTshort+0.0081%8h231.52+0.082%$3.9M$5.8M20x
KuCoin IBMUSDTM+0.0100%8h231.28−0.022%$194K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0340%8h231.43+0.041%$174$172K10xas long as short