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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Aster−0.064%47s7-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 airdropAster: Stage 5 · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.7 days of funding at the current rate (+$1 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IBMUSDT231.840get 0.0000% / 8h3h 13m$13K$127K20x
ShortVest IBM-USD-PERP231.690.0046get 0.0006% / 1h13m 36s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: −0.064% → 0.000%
−$6.42
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$6.83
Costs to cover
0.100%
Break-even
12.0 days
Slippage unknown: Aster: live order book, 37 min ago; Vest: 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, 37 min ago24.41 bp62.6 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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−0.0022%8h231.95+0.048%$47K$51K20xas long as short
Aster IBMUSDTlong0.0000%8h231.84long leg$13K$127K20x
Extended IBM-USD0.0000%1h231.83−0.002%$53K$237K10xas long as short
Binance IBMUSDT0.0000%8h231.90+0.026%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.73−0.047%$983K$340K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.82−0.008%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.87+0.013%$803K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.67−0.073%$786K$332K20xas long as short
Variational Omni IBM0.0000%8h231.840.000%$257K$14Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.77−0.031%$86$162K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.72−0.051%$936$478K10xas long as short
HTX IBM-USDT0.0000%8h231.76−0.034%$6K$34K20xas long as short
QFEX IBM-USD+0.0030%1h231.80−0.017%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.65−0.081%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.280%$5712xas long as short
Vest IBM-USD-PERPshort+0.0046%1h231.69−0.064%25x
tradeXYZ xyz:IBM+0.0050%1h231.61−0.099%$1.9M$778K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.78−0.025%$195K$34K20xas long as short