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 09:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Aster−13.410%47s7-day average · 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)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
Funding pays, the price is against you. Injective is 13.410% cheaper against Aster than usual: you would sell low and buy high (spread −13.410% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,341 on $10k: about years of funding at the current rate (+$1 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IBMUSDT232.190get 0.0000% / 8h7h 42m$13K$127K20x
ShortInjective IBM/USDC PERP201.050.0033get 0.0004% / 1h42m 36s$5712x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: −13.410% → 0.000%
−$1,341.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,342.03
Costs to cover
0.080%
Break-even
1349.0 days
Slippage unknown: Aster: live order book, 53 min ago; Injective: 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, 53 min ago40.00 bp139.4 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%8h232.19long leg$13K$127K20x
Extended IBM-USD0.0000%1h232.26+0.031%$57K$315K10xas long as short
Binance IBMUSDT0.0000%8h232.33+0.064%$3.8M$5.5M20xas long as short
Bybit IBMUSDT0.0000%8h232.09−0.042%$1.0M$338K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.34+0.066%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.37+0.079%$743K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.10−0.037%$779K$324K20xas long as short
Variational Omni IBM0.0000%8h232.30+0.050%$256K$13Kas long as short
SunX IBM-USDT0.0000%8h232.27+0.036%$783$456K10xas long as short
HTX IBM-USDT0.0000%8h232.45+0.114%$6K$33K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IBM-USDT+0.0009%8h232.29+0.045%$47K$60K20xas long as short
Lighter IBM+0.0032%1h232.29+0.045%$38K$45K10xas long as short
Injective IBM/USDC PERPshort+0.0033%1h201.05−13.410%$5712x
QFEX IBM-USD+0.0036%1h232.28+0.040%$1.2M$2.1M10xas long as short
Vest IBM-USD-PERP+0.0046%1h232.31+0.053%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.10−0.037%$1.8M$802K10xas long as short
GRVT IBM_USDT_Perp+0.0053%8h232.32+0.058%$439$168K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.21+0.010%$194K$71K20xas long as short