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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.017%71s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT231.520.0118pay 0.0118% / 8h36m 03s$3.9M$5.8M20x
ShortBloFin IBM-USDT231.560.0104get 0.0104% / 8h36m 03s$46K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$2.85
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.12
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago0.22 bp11.1 bp −$1125.9 bp −$259doesn'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 IBMUSDT0.0000%8h231.85+0.143%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.38−0.060%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.50−0.009%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.520.000%$802K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.520.000%$798K$405K20xas long as short
Variational Omni IBM0.0000%8h231.49−0.014%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.23−0.125%$948$533K10xas long as short
HTX IBM-USDT0.0000%8h231.95+0.186%$5K$34K20xas long as short
QFEX IBM-USD+0.0031%1h231.31−0.091%$1.2M$3.3M10xas long as short
Lighter IBM+0.0032%1h231.53+0.004%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.161%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.45−0.030%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.35−0.073%$2.0M$810K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.30−0.095%$194K$34K20xas long as short
BloFin IBM-USDTshort+0.0104%8h231.56+0.017%$46K$52K20x
Binance IBMUSDTlong+0.0118%8h231.52long leg$3.9M$5.8M20x
Extended IBM-USD+0.0120%1h231.48−0.017%$54K$202K10xas long as short
GRVT IBM_USDT_Perp+0.0368%8h231.50−0.009%$715$170K10xas long as short