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+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Gate−0.030%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. BloFin is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IBM_USDT231.520get 0.0000% / 8h5h 02m$801K$1.4M50x
ShortBloFin IBM-USDT231.450.0029get 0.0029% / 8h5h 02m$667$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$6.08
Price spread: −0.030% → 0.000%
−$3.02
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.94
Costs to cover
0.270%
Break-even
34.6 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago1.73 bp17.6 bp −$18doesn't fitdoesn'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%8h231.32−0.084%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.26−0.112%$979K$350K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.48−0.017%$1.4M$1.1M20xas long as short
Gate IBM_USDTlong0.0000%8h231.52long leg$801K$1.4M50x
Bitget IBMUSDT0.0000%8h231.56+0.017%$786K$342K20xas long as short
Variational Omni IBM0.0000%8h231.52+0.002%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.57+0.022%$516$158K10xas long as short
SunX IBM-USDT0.0000%8h231.37−0.065%$775$485K10xas long as short
HTX IBM-USDT0.0000%8h231.98+0.199%$5K$33K20xas long as short
Binance IBMUSDT+0.0022%8h231.42−0.041%$3.8M$5.4M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended IBM-USD+0.0024%1h231.40−0.050%$54K$236K10xas long as short
BloFin IBM-USDTshort+0.0029%8h231.45−0.030%$667$52K20x
Lighter IBM+0.0032%1h231.41−0.048%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.161%$5712xas long as short
QFEX IBM-USD+0.0035%1h231.45−0.030%$1.2M$2.6M10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.42−0.043%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.26−0.112%$1.9M$756K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.43−0.039%$194K$34K20xas long as short