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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h +0.026%
Price spread now: Extended against Vest+0.060%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 airdropVest: Active · Extended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.060% dearer against Vest than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest IBM-USD-PERP231.840.0046pay 0.0006% / 1h3m 20s25x
ShortExtended IBM-USD231.980get 0.0000% / 1h3m 20s$53K$234K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Vest. 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
−$9.59
Price spread: +0.060% → 0.000%
$6.02
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.57
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Extended: live order book, 48 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 Vest no order-book sample
Sell Extended live order book, 48 min ago1.94 bp15.9 bp −$16178.5 bp −$1,785doesn't fitdoesn't fit
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%8h231.88+0.017%$13K$127K20xas long as short
Extended IBM-USDshort0.0000%1h231.98+0.060%$53K$234K10x
Binance IBMUSDT0.0000%8h232.04+0.086%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.88+0.017%$984K$336K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.94+0.043%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.03+0.082%$804K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.78−0.026%$787K$323K20xas long as short
Variational Omni IBM0.0000%8h232.00+0.069%$257K$14Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.99+0.063%$72$162K10xas long as short
SunX IBM-USDT0.0000%8h231.78−0.026%$946$477K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.26+0.181%$6K$34K20xas long as short
BloFin IBM-USDT+0.0029%8h232.05+0.091%$47K$52K20xas long as short
QFEX IBM-USD+0.0030%1h231.91+0.030%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.840.000%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.281%$5712xas long as short
Vest IBM-USD-PERPlong+0.0046%1h231.84long leg25x
tradeXYZ xyz:IBM+0.0050%1h231.72−0.052%$1.9M$769K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.92+0.035%$195K$35K20xas long as short