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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against Bybit+0.058%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.058%, 7d avg +0.074%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IBMUSDT231.960get 0.0000% / 8h2h 25m$983K$340K50x
ShortBinance IBMUSDT232.090get 0.0000% / 8h2h 25m$3.8M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.058% → +0.074%
−$1.64
Slippage, 4 orders
−$28.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$50.83
Costs to cover
0.492%
Break-even
never at this rate
Slippage from Bybit: live order book, 19 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 19 min ago3.88 bp12.3 bp −$1277.7 bp −$777doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.22 bp13.2 bp −$1338.8 bp −$388135.6 bp −$13.6Kdoesn't fit

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−0.0013%8h232.19+0.099%$46K$52K20xas long as short
Aster IBMUSDT0.0000%8h232.08+0.052%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.04+0.034%$57K$234K10xas long as short
Binance IBMUSDTshort0.0000%8h232.09+0.058%$3.8M$5.5M20x
Bybit IBMUSDTlong0.0000%8h231.96long leg$983K$340K50x
OKX IBM-USDT-SWAP0.0000%8h232.03+0.030%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.10+0.060%$804K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.09+0.056%$789K$325K20xas long as short
Variational Omni IBM0.0000%8h232.06+0.044%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.16+0.085%$77$161K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h232.01+0.022%$851$476K10xas long as short
HTX IBM-USDT0.0000%8h232.38+0.181%$6K$33K20xas long as short
QFEX IBM-USD+0.0030%1h232.00+0.017%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h232.04+0.034%$38K$44K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.326%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.83−0.056%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.81−0.065%$1.8M$807K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.03+0.030%$195K$39K20xas long as short