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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against SunX+0.048%7-day average +0.059% · 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+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.048%, 7d avg +0.059%
Together, before fees+0.091%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IBM-USDT231.440get 0.0000% / 8h3h 57m$981$476K10x
ShortGate IBM_USDT231.550get 0.0000% / 8h3h 57m$801K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.048% → +0.059%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.14
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 24 min ago; Gate: live order book, just now. 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, 24 min ago500.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, just now4.32 bp31.8 bp −$32215.0 bp −$2,150doesn'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%8h231.43−0.003%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.54+0.041%$54K$233K10xas long as short
Binance IBMUSDT0.0000%8h231.59+0.066%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.45+0.004%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.55+0.048%$1.4M$1.1M20xas long as short
Gate IBM_USDTshort0.0000%8h231.55+0.048%$801K$1.4M50x
Bitget IBMUSDT0.0000%8h231.58+0.060%$786K$337K20xas long as short
Variational Omni IBM0.0000%8h231.59+0.067%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.61+0.073%$933$160K10xas long as short
SunX IBM-USDTlong0.0000%8h231.44long leg$981$476K10x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h231.79+0.151%$6K$34K20xas long as short
BloFin IBM-USDT+0.0018%8h231.66+0.095%$47K$51K20xas long as short
QFEX IBM-USD+0.0030%1h231.52+0.035%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.440.000%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.131%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.017%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.35−0.039%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.53+0.039%$194K$34K20xas long as short