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 −0.006%
Price spread now: SunX against Variational Omni−0.097%45s7-day average −0.057% · 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 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.097%, 7d avg −0.057%
Together, before fees−0.062%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.039% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IBM232.270get 0.0000% / 8h1h 51m$257K$13K
ShortSunX IBM-USDT232.050get 0.0000% / 8h1h 51m$1K$472K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.097% → −0.057%
−$3.91
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$11.91
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; SunX: live order book, 10 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, 58 min ago5.49 bpdoesn't fit46.9 bp −$469doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.27 bpdoesn't fitdoesn'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−0.0006%8h232.32+0.020%$47K$56K20xas long as short
Aster IBMUSDT0.0000%8h232.26−0.008%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.27−0.002%$53K$234K10xas long as short
Binance IBMUSDT0.0000%8h232.32+0.021%$3.8M$5.5M20xas long as short
Bybit IBMUSDT0.0000%8h232.16−0.049%$1.0M$356K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.22−0.023%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.29+0.007%$752K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.24−0.015%$780K$343K20xas long as short
Variational Omni IBMlong0.0000%8h232.27long leg$257K$13K
GRVT IBM_USDT_Perp0.0000%8h232.28+0.002%$14$163K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDTshort0.0000%8h232.05−0.097%$1K$472K10x
HTX IBM-USDT0.0000%8h232.25−0.010%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.19−0.036%$38K$48K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.443%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.07−0.088%25xas long as short
QFEX IBM-USD+0.0049%1h232.24−0.015%$1.2M$2.1M10xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.08−0.084%$1.8M$816K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.23−0.019%$195K$44K20xas long as short