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−0.0091%/8h= −9.9% APRnext payment $0.91 per $10,000 · paid last 24h −0.048%
Price spread now: HTX against Binance+0.232%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 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 pays, funding is against you. HTX is 0.232% dearer against Binance than usual: you sell high and buy low (spread +0.232% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT231.590.0091pay 0.0091% / 8h5h 49m$3.9M$5.3M20x
ShortHTX IBM-USDT232.130get 0.0000% / 8h5h 49m$5K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$19.05
Price spread: +0.232% → 0.000%
$23.21
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$17.84
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Binance: live order book, 3 min ago; HTX: 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, 3 min ago0.22 bp8.8 bp −$932.5 bp −$325doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 17 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%8h231.48−0.049%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.47−0.053%$974K$346K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.57−0.010%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.56−0.014%$799K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.59−0.001%$789K$337K20xas long as short
Variational Omni IBM0.0000%8h231.54−0.021%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.38−0.092%$935$486K10xas long as short
HTX IBM-USDTshort0.0000%8h232.13+0.232%$5K$33K20x
Lighter IBM+0.0032%1h231.51−0.036%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.188%$5712xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX IBM-USD+0.0035%1h231.50−0.040%$1.2M$2.8M10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.45−0.061%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.38−0.092%$1.9M$725K10xas long as short
GRVT IBM_USDT_Perp+0.0089%8h231.63+0.015%$192$158K10xas long as short
Binance IBMUSDTlong+0.0091%8h231.59long leg$3.9M$5.3M20x
Extended IBM-USD+0.0096%1h231.55−0.019%$53K$235K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.63+0.016%$194K$33K20xas long as short