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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against Binance+0.011%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.011%, 7d avg −0.008%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT232.260get 0.0000% / 8h1h 54m$3.8M$5.5M20x
ShortGate IBM_USDT232.290get 0.0000% / 8h1h 54m$752K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: +0.011% → −0.008%
$1.92
Slippage, 4 orders
−$37.48
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$60.56
Costs to cover
0.625%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 3 min ago.

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, 14 min ago0.22 bp15.5 bp −$1646.7 bp −$467doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.01 bp20.5 bp −$21234.4 bp −$2,344doesn't fitdoesn't fit

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
BloFin IBM-USDT−0.0018%8h232.34+0.033%$47K$56K20xas long as short
Aster IBMUSDT0.0000%8h232.21−0.022%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.21−0.024%$53K$234K10xas long as short
Binance IBMUSDTlong0.0000%8h232.26long leg$3.8M$5.5M20x
Bybit IBMUSDT0.0000%8h232.11−0.066%$1.0M$356K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.26−0.001%$1.4M$1.2M20xas long as short
Gate IBM_USDTshort0.0000%8h232.29+0.011%$752K$1.5M50x
Bitget IBMUSDT0.0000%8h232.20−0.027%$780K$343K20xas long as short
Variational Omni IBM0.0000%8h232.27+0.005%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.29+0.010%$26$163K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h232.09−0.075%$1K$472K10xas long as short
HTX IBM-USDT0.0000%8h232.46+0.085%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.09−0.075%$38K$48K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.439%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.07−0.083%25xas long as short
QFEX IBM-USD+0.0049%1h232.19−0.032%$1.2M$2.1M10xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.96−0.131%$1.8M$816K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.14−0.053%$195K$44K20xas long as short