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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Injective+15.096%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 15.096% dearer against Injective than usual: you sell high and buy low: +$1,510 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective IBM/USDC PERP201.050.0033pay 0.0004% / 1h13m 08s$5712x
ShortVest IBM-USD-PERP231.400.0046get 0.0006% / 1h13m 08s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$2.59
Price spread: +15.096% → 0.000%
$1,509.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$1,510.15
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Vest: 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 Injective no order-book sample
Sell Vest no order-book sample
Injective and Vest: 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%8h231.77+15.280%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.38+15.086%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.50+15.145%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.53+15.160%$797K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.60+15.195%$798K$403K20xas long as short
Variational Omni IBM0.0000%8h231.57+15.181%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.31+15.051%$1K$535K10xas long as short
HTX IBM-USDT0.0000%8h231.86+15.325%$5K$34K20xas long as short
QFEX IBM-USD+0.0031%1h231.51+15.150%$1.2M$3.3M10xas long as short
Lighter IBM+0.0032%1h231.53+15.160%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERPlong+0.0033%1h201.05long leg$5712x
Vest IBM-USD-PERPshort+0.0046%1h231.40+15.096%25x
tradeXYZ xyz:IBM+0.0050%1h231.37+15.081%$2.0M$810K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.46+15.126%$194K$34K20xas long as short
Binance IBMUSDT+0.0196%8h231.58+15.185%$3.9M$5.8M20xas long as short
BloFin IBM-USDT+0.0197%8h231.58+15.185%$46K$52K20xas long as short
Extended IBM-USD+0.0200%1h231.54+15.164%$54K$202K10xas long as short
GRVT IBM_USDT_Perp+0.0432%8h231.57+15.178%$621$170K10xas long as short