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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.004%51s7-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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT232.040get 0.0000% / 8h3h 06m$3.8M$5.4M20x
ShortBloFin IBM-USDT232.050.0001get 0.0001% / 8h3h 06m$47K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$0.31
Price spread: +0.004% → 0.000%
$0.43
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.26
Costs to cover
0.220%
Break-even
488.3 days
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago0.65 bp11.3 bp −$1125.4 bp −$254doesn'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 IBMUSDT0.0000%8h231.93−0.048%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h231.98−0.026%$53K$234K10xas long as short
Binance IBMUSDTlong0.0000%8h232.04long leg$3.8M$5.4M20x
Bybit IBMUSDT0.0000%8h231.90−0.060%$984K$340K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.05+0.004%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.05+0.004%$804K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h231.74−0.129%$786K$323K20xas long as short
Variational Omni IBM0.0000%8h231.90−0.062%$257K$14Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.98−0.026%$72$162K10xas long as short
SunX IBM-USDT0.0000%8h231.78−0.112%$946$477K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h232.26+0.095%$6K$34K20xas long as short
BloFin IBM-USDTshort+0.0001%8h232.05+0.004%$47K$52K20x
QFEX IBM-USD+0.0030%1h231.96−0.034%$1.2M$2.2M10xas long as short
Lighter IBM+0.0032%1h231.87−0.073%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.355%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.85−0.082%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.77−0.116%$1.9M$769K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.94−0.043%$195K$35K20xas long as short