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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.041%
Price spread now: BloFin against Aster−0.013%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IBMUSDT231.780get 0.0000% / 8h3h 17m$13K$127K20x
ShortBloFin IBM-USDT231.750.0016get 0.0016% / 8h3h 17m$47K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$3.31
Price spread: −0.013% → 0.000%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.99
Costs to cover
0.200%
Break-even
45.0 days
Slippage unknown: Aster: live order book, 34 min ago; BloFin: no order-book sample. 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 Aster live order book, 34 min ago24.41 bp62.6 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 IBMUSDTlong0.0000%8h231.78long leg$13K$127K20x
Extended IBM-USD0.0000%1h231.74−0.016%$53K$237K10xas long as short
Binance IBMUSDT0.0000%8h231.80+0.010%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.60−0.078%$982K$340K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.81+0.013%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.76−0.009%$803K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.67−0.048%$786K$332K20xas long as short
Variational Omni IBM0.0000%8h231.66−0.050%$257K$14Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.68−0.043%$739$162K10xas long as short
SunX IBM-USDT0.0000%8h231.51−0.117%$889$478K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.24+0.198%$6K$34K20xas long as short
BloFin IBM-USDTshort+0.0016%8h231.75−0.013%$47K$51K20x
QFEX IBM-USD+0.0030%1h231.64−0.060%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.65−0.056%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.258%$5712xas long as short
tradeXYZ xyz:IBM+0.0046%1h231.55−0.099%$1.9M$777K10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.62−0.069%25xas long as short
KuCoin IBMUSDTM+0.0100%8h231.73−0.022%$195K$34K20xas long as short