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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Vest against tradeXYZ+0.017%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 airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:IBM231.180.0050pay 0.0006% / 1h59m 35s$1.9M$756K10x
ShortVest IBM-USD-PERP231.220.0046get 0.0006% / 1h59m 35s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against tradeXYZ. 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
−$0.91
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.18
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; 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 tradeXYZ live order book, 8 min ago1.51 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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%8h231.33+0.064%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.26+0.035%$979K$349K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.49+0.134%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.38+0.087%$800K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.55+0.160%$786K$342K20xas long as short
Variational Omni IBM0.0000%8h231.40+0.096%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.48+0.128%$516$158K10xas long as short
SunX IBM-USDT0.0000%8h231.24+0.026%$775$485K10xas long as short
HTX IBM-USDT0.0000%8h231.66+0.208%$5K$33K20xas long as short
BloFin IBM-USDT+0.0009%8h231.45+0.117%$47K$51K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance IBMUSDT+0.0019%8h231.39+0.093%$3.8M$5.4M20xas long as short
Extended IBM-USD+0.0024%1h231.34+0.067%$54K$236K10xas long as short
Lighter IBM+0.0032%1h231.38+0.087%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.033%$5712xas long as short
QFEX IBM-USD+0.0035%1h231.31+0.056%$1.2M$2.6M10xas long as short
Vest IBM-USD-PERPshort+0.0046%1h231.22+0.017%25x
tradeXYZ xyz:IBMlong+0.0050%1h231.18long leg$1.9M$756K10x
KuCoin IBMUSDTM+0.0100%8h231.42+0.104%$194K$34K20xas long as short