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+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.041%
Price spread now: HTX against BloFin+0.142%59s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.142% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IBM-USDT231.62−0.0023get 0.0023% / 8h3h 38m$46K$51K20x
ShortHTX IBM-USDT231.950get 0.0000% / 8h3h 38m$6K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
$4.83
Price spread: +0.142% → 0.000%
$14.25
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$4.92
Costs to cover
0.240%
Break-even
14.1 days
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample
Sell HTX no order-book sample
BloFin and 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 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-USDTlong−0.0023%8h231.62long leg$46K$51K20x
Aster IBMUSDT0.0000%8h231.47−0.065%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.57−0.021%$53K$233K10xas long as short
Binance IBMUSDT0.0000%8h231.63+0.006%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.48−0.060%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.58−0.017%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.58−0.017%$801K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.60−0.009%$786K$335K20xas long as short
Variational Omni IBM0.0000%8h231.57−0.020%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.62−0.002%$164$160K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.46−0.069%$880$476K10xas long as short
HTX IBM-USDTshort0.0000%8h231.95+0.142%$6K$34K20x
QFEX IBM-USD+0.0030%1h231.53−0.039%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.45−0.073%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.198%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.095%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.38−0.104%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.61−0.004%$195K$34K20xas long as short