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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Extended against SunX+0.043%7-day average +0.038% · 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+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.043%, 7d avg +0.038%
Together, before fees+0.070%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IBM-USDT231.960get 0.0000% / 8h38m 51s$988$471K10x
ShortExtended IBM-USD232.060get 0.0000% / 1h38m 51s$53K$315K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0
Price spread: +0.043% → +0.038%
$0.44
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$12.56
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 12 min ago; Extended: live order book, 63 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, 12 min ago500.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 63 min ago1.08 bp15.1 bp −$15136.7 bp −$1,367doesn'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%8h232.28+0.138%$13K$127K20xas long as short
Extended IBM-USDshort0.0000%1h232.06+0.043%$53K$315K10x
Binance IBMUSDT0.0000%8h232.11+0.066%$3.8M$5.6M20xas long as short
Bybit IBMUSDT0.0000%8h232.03+0.030%$1.0M$354K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.29+0.142%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.21+0.108%$750K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.22+0.112%$780K$350K20xas long as short
Variational Omni IBM0.0000%8h232.20+0.103%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.21+0.108%$65$168K10xas long as short
SunX IBM-USDTlong0.0000%8h231.96long leg$988$471K10x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.38+0.181%$6K$33K20xas long as short
BloFin IBM-USDT+0.0010%8h232.14+0.078%$47K$59K20xas long as short
Lighter IBM+0.0032%1h232.23+0.116%$38K$49K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.326%$5712xas long as short
QFEX IBM-USD+0.0043%1h232.08+0.052%$1.2M$2.0M10xas long as short
Vest IBM-USD-PERP+0.0046%1h232.09+0.056%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.94−0.009%$1.8M$796K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.11+0.065%$194K$50K20xas long as short