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 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.040%
Price spread now: KuCoin against Variational Omni−0.017%7-day average −0.009% · you buy dearer than you sell
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)+0.110%+$11 on $10k
Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.017%, 7d avg −0.009%
Together, before fees−0.194%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IBM231.190get 0.0000% / 8h6h 34m$256K$15K
ShortKuCoin IBMUSDTM231.150.0100get 0.0100% / 8h6h 34m$194K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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: −0.017% → −0.009%
−$0.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$8.22
Costs to cover
0.120%
Break-even
4.3 days
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; KuCoin: live order book, 1 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 Variational Omni RFQ quote, 35 min ago3.24 bpdoesn't fit61.9 bp −$619doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago4.33 bp739.0 bp −$739doesn'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
Aster IBMUSDT0.0000%8h231.09−0.043%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h231.12−0.030%$972K$346K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.25+0.026%$1.4M$1.1M20xas long as short
Gate IBM_USDT0.0000%8h231.20+0.005%$798K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.29+0.044%$791K$339K20xas long as short
Variational Omni IBMlong0.0000%8h231.19long leg$256K$15K
GRVT IBM_USDT_Perp0.0000%8h231.42+0.102%$194$160K10xas long as short
SunX IBM-USDT0.0000%8h231.10−0.039%$1K$487K10xas long as short
HTX IBM-USDT0.0000%8h231.50+0.134%$5K$34K20xas long as short
QFEX IBM-USD+0.0029%1h231.18−0.004%$1.2M$3.1M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IBM+0.0032%1h231.35+0.070%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.037%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.05−0.060%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.13−0.026%$1.9M$723K10xas long as short
KuCoin IBMUSDTMshort+0.0100%8h231.15−0.017%$194K$33K20x
Binance IBMUSDT+0.0102%8h231.27+0.035%$3.9M$5.2M20xas long as short
Extended IBM-USD+0.0104%1h231.22+0.014%$54K$235K10xas long as short
BloFin IBM-USDT+0.0122%8h231.18−0.004%$46K$52K20xas long as short