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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against Vest−0.039%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.039% cheaper against Vest than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest IBM-USD-PERP231.800.0046pay 0.0006% / 1h45m 45s25x
ShorttradeXYZ xyz:IBM231.710.0050get 0.0006% / 1h45m 45s$1.8M$803K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Vest. 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
$0.91
Price spread: −0.039% → 0.000%
−$3.88
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$22.98
Costs to cover
0.200%
Break-even
184.3 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: 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 Vest no order-book sample
Sell tradeXYZ live order book, 2 min ago1.29 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h231.99+0.082%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.96+0.068%$57K$234K10xas long as short
Binance IBMUSDT0.0000%8h232.02+0.095%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.91+0.047%$984K$337K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.02+0.095%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.04+0.104%$807K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.96+0.069%$787K$322K20xas long as short
Variational Omni IBM0.0000%8h232.02+0.095%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.08+0.121%$777$161K10xas long as short
SunX IBM-USDT0.0000%8h231.82+0.009%$897$477K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.28+0.207%$6K$33K20xas long as short
BloFin IBM-USDT+0.0011%8h232.16+0.155%$47K$52K20xas long as short
QFEX IBM-USD+0.0030%1h231.95+0.065%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.82+0.009%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.266%$5712xas long as short
Vest IBM-USD-PERPlong+0.0046%1h231.80long leg25x
tradeXYZ xyz:IBMshort+0.0050%1h231.71−0.039%$1.8M$803K10x
KuCoin IBMUSDTM+0.0100%8h231.94+0.060%$195K$36K20xas long as short