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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Vest+0.092%7-day average · 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 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 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.092% dearer against Vest than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest IBM-USD-PERP232.060.0046pay 0.0006% / 1h55m 44s25x
ShortVariational Omni IBM232.270get 0.0000% / 8h1h 55m$257K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$9.59
Price spread: +0.092% → 0.000%
$9.24
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$2.36
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 53 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 Variational Omni RFQ quote, 53 min ago5.49 bpdoesn't fit68.1 bp −$681doesn'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
BloFin IBM-USDT−0.0027%8h232.34+0.121%$47K$56K20xas long as short
Aster IBMUSDT0.0000%8h232.25+0.082%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.25+0.081%$53K$234K10xas long as short
Binance IBMUSDT0.0000%8h232.30+0.104%$3.8M$5.5M20xas long as short
Bybit IBMUSDT0.0000%8h232.14+0.034%$1.0M$356K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.26+0.086%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.25+0.082%$752K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.20+0.060%$780K$343K20xas long as short
Variational Omni IBMshort0.0000%8h232.27+0.092%$257K$13K
GRVT IBM_USDT_Perp0.0000%8h232.16+0.043%$924$163K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.95−0.047%$1K$472K10xas long as short
HTX IBM-USDT0.0000%8h232.46+0.172%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.11+0.022%$38K$48K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.363%$5712xas long as short
Vest IBM-USD-PERPlong+0.0046%1h232.06long leg25x
QFEX IBM-USD+0.0049%1h232.20+0.060%$1.2M$2.2M10xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.02−0.017%$1.8M$818K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.16+0.043%$195K$44K20xas long as short