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: OKX against Variational Omni−0.024%7-day average −0.016% · 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 3 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.271%−$27 · spread now −0.024%, 7d avg −0.016%
Together, before fees−0.274%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IBM231.580get 0.0000% / 8h6h 04m$256K$15K
ShortOKX IBM-USDT-SWAP231.530get 0.0000% / 8h6h 04m$1.4M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.024% → −0.016%
−$0.74
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$10.74
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 65 min ago; OKX: live order book, 2 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, 65 min ago3.24 bpdoesn't fit61.9 bp −$619doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.08 bp10.8 bp −$11160.9 bp −$1,609doesn't fitdoesn't fit

IBM on 17 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%8h231.37−0.094%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.42−0.071%$974K$346K50xas long as short
OKX IBM-USDT-SWAPshort0.0000%8h231.53−0.024%$1.4M$1.1M20x
Gate IBM_USDT0.0000%8h231.53−0.024%$799K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.44−0.062%$791K$338K20xas long as short
Variational Omni IBMlong0.0000%8h231.58long leg$256K$15K
SunX IBM-USDT0.0000%8h231.23−0.153%$876$487K10xas long as short
HTX IBM-USDT0.0000%8h231.95+0.158%$5K$34K20xas long as short
QFEX IBM-USD+0.0029%1h231.47−0.049%$1.2M$2.8M10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.185%$5712xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IBM-USD-PERP+0.0046%1h231.40−0.080%25xas long as short
Lighter IBM+0.0048%1h231.52−0.028%$38K$43K10xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.32−0.114%$1.9M$725K10xas long as short
GRVT IBM_USDT_Perp+0.0065%8h231.50−0.036%$285$158K10xas long as short
Binance IBMUSDT+0.0088%8h231.57−0.006%$3.9M$5.2M20xas long as short
Extended IBM-USD+0.0088%1h231.52−0.029%$53K$237K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.41−0.075%$194K$33K20xas long as short