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 +0.042%
Price spread now: Binance against Variational Omni−0.011%7-day average +0.007% · 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 4 days (all we have)+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.411%−$41 · spread now −0.011%, 7d avg +0.007%
Together, before fees−0.351%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IBM231.590get 0.0000% / 8h3h 56m$256K$15K
ShortBinance IBMUSDT231.570get 0.0000% / 8h3h 56m$3.8M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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: −0.011% → +0.007%
−$1.73
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.73
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Binance: live order book, 11 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 Variational Omni RFQ quote, 63 min ago2.79 bpdoesn't fit49.1 bp −$491doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.22 bp12.4 bp −$1221.2 bp −$212135.5 bp −$13.5Kdoesn'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%8h231.41−0.079%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.52−0.033%$54K$233K10xas long as short
Binance IBMUSDTshort0.0000%8h231.57−0.011%$3.8M$5.4M20x
Bybit IBMUSDT0.0000%8h231.44−0.067%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.55−0.019%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.54−0.024%$801K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.59−0.002%$786K$337K20xas long as short
Variational Omni IBMlong0.0000%8h231.59long leg$256K$15K
GRVT IBM_USDT_Perp0.0000%8h231.61+0.007%$933$160K10xas long as short
SunX IBM-USDT0.0000%8h231.44−0.067%$981$476K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h231.79+0.084%$6K$34K20xas long as short
BloFin IBM-USDT+0.0018%8h231.66+0.028%$47K$51K20xas long as short
QFEX IBM-USD+0.0030%1h231.50−0.041%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.44−0.067%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.189%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.37−0.097%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.35−0.106%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.55−0.019%$194K$34K20xas long as short