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

IBM

RWAall IBM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.024%
Price spread now: Extended against Gate−0.018%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$660.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.018%, 7d avg −0.026%
Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IBM_USDT231.490get 0.0000% / 8h40m 27s$802K$1.5M50x
ShortExtended IBM-USD231.450.0104get 0.0013% / 1h40m 27s$54K$202K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: −0.018% → −0.026%
$0.84
Slippage, 4 orders
−$46.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$43.64
Costs to cover
0.663%
Break-even
21.0 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 36 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 Gate live order book, 2 min ago2.81 bp15.0 bp −$15176.6 bp −$1,766doesn't fitdoesn't fit
Sell Extended live order book, 36 min ago1.51 bp15.2 bp −$15169.9 bp −$1,699doesn't fitdoesn'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
Aster IBMUSDT0.0000%8h231.47−0.010%$13K$126K20xas long as short
Bybit IBMUSDT0.0000%8h231.37−0.052%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.50+0.004%$1.4M$1.2M20xas long as short
Gate IBM_USDTlong0.0000%8h231.49long leg$802K$1.5M50x
Bitget IBMUSDT0.0000%8h231.52+0.013%$798K$405K20xas long as short
Variational Omni IBM0.0000%8h231.47−0.010%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.26−0.099%$888$534K10xas long as short
HTX IBM-USDT0.0000%8h231.93+0.190%$5K$34K20xas long as short
QFEX IBM-USD+0.0031%1h231.45−0.017%$1.2M$3.3M10xas long as short
Lighter IBM+0.0032%1h231.54+0.022%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.150%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.50+0.004%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.35−0.060%$2.0M$808K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.30−0.082%$194K$34K20xas long as short
Extended IBM-USDshort+0.0104%1h231.45−0.018%$54K$202K10x
Binance IBMUSDT+0.0107%8h231.490.000%$3.9M$5.8M20xas long as short
BloFin IBM-USDT+0.0110%8h231.52+0.013%$46K$52K20xas long as short
GRVT IBM_USDT_Perp+0.0364%8h231.48−0.004%$715$170K10xas long as short