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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against SunX+0.035%7-day average +0.052% · 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 7 days+0.226%+$23 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.035%, 7d avg +0.052%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IBM-USDT231.470get 0.0000% / 8h4h 07m$803$476K10x
ShortKuCoin IBMUSDTM231.550.0100get 0.0100% / 8h4h 07m$194K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
Price spread: +0.035% → +0.052%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$0.7
Costs to cover
0.200%
Break-even
7.2 days
Slippage unknown: SunX: live order book, 13 min ago; KuCoin: live order book, 3 min ago. 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 SunX live order book, 13 min ago500.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago5.18 bp44.1 bp −$44doesn't fitdoesn'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
BloFin IBM-USDT−0.0007%8h231.58+0.048%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.44−0.013%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.52+0.022%$54K$233K10xas long as short
Binance IBMUSDT0.0000%8h231.59+0.052%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.470.000%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.54+0.030%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.53+0.026%$805K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.57+0.043%$786K$337K20xas long as short
Variational Omni IBM0.0000%8h231.52+0.023%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.56+0.039%$565$158K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDTlong0.0000%8h231.47long leg$803$476K10x
HTX IBM-USDT0.0000%8h232.02+0.238%$5K$34K20xas long as short
QFEX IBM-USD+0.0026%1h231.42−0.022%$1.2M$2.4M10xas long as short
Lighter IBM+0.0032%1h231.42−0.022%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.142%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.030%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.40−0.030%$1.9M$758K10xas long as short
KuCoin IBMUSDTMshort+0.0100%8h231.55+0.035%$194K$34K20x