data as of
Settings8H · net · $10k
Funding arb /

IBM

RWAall IBM markets
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Funding spread now, next payment 16:00 UTC−0.0017%/8h
paid, last 24h+0.003%paid, last 3 days+0.083%to open and close $10k−$50
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT228.980.0067pay 0.0067% / 8h19m 45s$4.0M$4.3M20x
ShorttradeXYZ xyz:IBM228.790.0050get 0.0006% / 1h19m 45s$2.1M$593K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$3.53
Slippage, 4 orders
−$21.96
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$53.49
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; tradeXYZ: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.084%
Avg gap 7d
−0.110%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 4 min ago2.18 bp12.6 bp −$1348.5 bp −$485doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.44 bp12.9 bp −$1319.3 bp −$193doesn't fitdoesn't fit

IBM on 17 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster IBMUSDT0.0000%8h$14K$124K20xas long as short
Bybit IBMUSDT0.0000%8h$967K$317K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h$1.4M$987K20xas long as short
Gate IBM_USDT0.0000%8h$852K$1.3M50xas long as short
Bitget IBMUSDT0.0000%8h$809K$381K20xas long as short
Variational Omni IBM0.0000%8h$253K$15Kas long as short
SunX IBM-USDT0.0000%8h$1K$510K10xas long as short
HTX IBM-USDT0.0000%8h$6K$33K20xas long as short
Injective IBM/USDC PERP+0.0033%1h$5712xas long as short
Lighter IBM+0.0040%1h$37K$53K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Vest IBM-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:IBMshort+0.0050%1h$2.1M$593K10x
QFEX IBM-USD+0.0063%1h$1.3M$2.8M10xas long as short
Extended IBM-USD+0.0064%1h$54K$202K10xas long as short
Binance IBMUSDTlong+0.0067%8h$4.0M$4.3M20x
BloFin IBM-USDT+0.0095%8h$48K$38K20xas long as short
KuCoin IBMUSDTM+0.0100%8h$195K$32K20xas long as short