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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Aster+0.128%52s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.128% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IBMUSDT231.180get 0.0000% / 8h3h 30m$13K$124K20x
ShortBloFin IBM-USDT231.480.0025get 0.0025% / 8h3h 30m$46K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$5.18
Price spread: +0.128% → 0.000%
$12.81
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.01
Costs to cover
0.200%
Break-even
9.7 days
Slippage unknown: Aster: live order book, 16 min ago; BloFin: 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 Aster live order book, 16 min ago35.96 bp81.4 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 IBMUSDTlong0.0000%8h231.18long leg$13K$124K20x
Extended IBM-USD0.0000%1h231.49+0.130%$54K$202K10xas long as short
Binance IBMUSDT0.0000%8h231.52+0.145%$3.9M$5.7M20xas long as short
Bybit IBMUSDT0.0000%8h231.31+0.055%$973K$375K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.47+0.124%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.44+0.111%$810K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.50+0.137%$823K$392K20xas long as short
Variational Omni IBM0.0000%8h231.47+0.124%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.34+0.067%$9$172K10xas long as short
SunX IBM-USDT0.0000%8h231.02−0.071%$774$532K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h231.82+0.275%$5K$34K20xas long as short
BloFin IBM-USDTshort+0.0025%8h231.48+0.128%$46K$52K20x
Lighter IBM+0.0032%1h231.30+0.050%$38K$50K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.035%$5712xas long as short
tradeXYZ xyz:IBM+0.0044%1h231.30+0.050%$2.0M$790K10xas long as short
Vest IBM-USD-PERP+0.0046%1h231.37+0.081%25xas long as short
QFEX IBM-USD+0.0049%1h231.49+0.132%$1.2M$3.0M10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.24+0.024%$194K$34K20xas long as short