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: Bybit against Variational Omni−0.045%7-day average −0.059% · 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)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now −0.045%, 7d avg −0.059%
Together, before fees−0.185%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IBM232.150get 0.0000% / 8h2h 19m$257K$13K
ShortBybit IBMUSDT232.050get 0.0000% / 8h2h 19m$983K$340K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.045% → −0.059%
$1.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$9.59
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Bybit: live order book, 26 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, 30 min ago5.49 bpdoesn't fit46.9 bp −$469doesn't fitdoesn't fit
Sell Bybit live order book, 26 min ago3.88 bp12.5 bp −$1270.9 bp −$709doesn'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%8h232.10−0.021%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.23+0.032%$57K$234K10xas long as short
Binance IBMUSDT0.0000%8h232.29+0.058%$3.8M$5.5M20xas long as short
Bybit IBMUSDTshort0.0000%8h232.05−0.045%$983K$340K50x
OKX IBM-USDT-SWAP0.0000%8h232.17+0.007%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.23+0.033%$763K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.09−0.028%$789K$327K20xas long as short
Variational Omni IBMlong0.0000%8h232.15long leg$257K$13K
GRVT IBM_USDT_Perp0.0000%8h232.19+0.015%$397$161K10xas long as short
SunX IBM-USDT0.0000%8h232.03−0.054%$852$474K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.20+0.020%$6K$33K20xas long as short
BloFin IBM-USDT+0.0014%8h231.97−0.079%$46K$52K20xas long as short
QFEX IBM-USD+0.0030%1h232.20+0.020%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h232.17+0.007%$38K$46K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.398%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.00−0.066%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.98−0.075%$1.8M$808K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.09−0.028%$195K$39K20xas long as short