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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Vest+0.004%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 · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest IBM-USD-PERP232.030.0046pay 0.0006% / 1h9m 34s25x
ShortLighter IBM232.040.0032get 0.0004% / 1h9m 34s$38K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$2.87
Price spread: +0.004% → 0.000%
$0.43
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter: 0 bp × 2 orders
$0
Net
−$4.44
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Lighter: 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 Vest no order-book sample
Sell Lighter no order-book sample
Vest and Lighter: 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%8h232.07+0.017%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.20+0.075%$53K$239K10xas long as short
Binance IBMUSDT0.0000%8h232.27+0.103%$3.8M$5.5M20xas long as short
Bybit IBMUSDT0.0000%8h232.09+0.026%$983K$340K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.26+0.099%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.28+0.108%$753K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.24+0.091%$790K$327K20xas long as short
Variational Omni IBM0.0000%8h232.27+0.105%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.28+0.106%$362$162K10xas long as short
SunX IBM-USDT0.0000%8h232.11+0.034%$852$474K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.40+0.159%$6K$33K20xas long as short
BloFin IBM-USDT+0.0009%8h232.14+0.047%$46K$52K20xas long as short
QFEX IBM-USD+0.0030%1h232.20+0.073%$1.2M$2.2M10xas long as short
Lighter IBMshort+0.0032%1h232.04+0.004%$38K$48K10x
Injective IBM/USDC PERP+0.0033%1h201.05−13.352%$5712xas long as short
Vest IBM-USD-PERPlong+0.0046%1h232.03long leg25x
tradeXYZ xyz:IBM+0.0050%1h231.99−0.017%$1.8M$808K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.13+0.043%$195K$42K20xas long as short