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 OKX+0.030%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.128%+$13 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.030%, 7d avg +0.040%
Together, before fees+0.139%+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IBM-USDT-SWAP231.820get 0.0000% / 8h3h 14m$1.4M$1.2M20x
ShortBinance IBMUSDT231.890get 0.0000% / 8h3h 14m$3.8M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.030% → +0.040%
−$1.01
Slippage, 4 orders
−$26.57
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.58
Costs to cover
0.466%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 8 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 OKX live order book, 2 min ago0.65 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.43 bp12.3 bp −$1222.7 bp −$227144.4 bp −$14.4Kdoesn'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−0.0022%8h231.95+0.056%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.86+0.016%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.83+0.003%$53K$237K10xas long as short
Binance IBMUSDTshort0.0000%8h231.89+0.030%$3.8M$5.4M20x
Bybit IBMUSDT0.0000%8h231.73−0.039%$983K$340K50xas long as short
OKX IBM-USDT-SWAPlong0.0000%8h231.82long leg$1.4M$1.2M20x
Gate IBM_USDT0.0000%8h231.86+0.017%$803K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.67−0.065%$786K$332K20xas long as short
Variational Omni IBM0.0000%8h231.84+0.008%$257K$14Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.77−0.023%$86$162K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.68−0.060%$936$478K10xas long as short
HTX IBM-USDT0.0000%8h232.19+0.160%$6K$34K20xas long as short
QFEX IBM-USD+0.0030%1h231.79−0.013%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.67−0.065%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.273%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.69−0.056%25xas long as short
tradeXYZ xyz:IBM+0.0048%1h231.62−0.086%$1.9M$777K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.78−0.017%$195K$34K20xas long as short