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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Binance−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 1 day (all we have)+0.014%+$1 · spread now −0.026%, 7d avg −0.015%
Together, before fees−0.092%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IBMUSDT230.360get 0.0000% / 8h4h 23m$4.2M$5.1M20x
ShortOKX IBM-USDT-SWAP230.300get 0.0000% / 8h4h 23m$1.4M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.026% → −0.015%
−$1.09
Slippage, 4 orders
−$27.11
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$48.2
Costs to cover
0.471%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; OKX: 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, 4 min ago0.43 bp13.3 bp −$1332.8 bp −$328doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.87 bp10.5 bp −$11130.9 bp −$1,309doesn'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−0.0003%8h230.43+0.030%$47K$50K20xas long as short
Aster IBMUSDT0.0000%8h230.29−0.032%$14K$124K20xas long as short
Extended IBM-USD0.0000%1h230.35−0.006%$54K$202K10xas long as short
Binance IBMUSDTlong0.0000%8h230.36long leg$4.2M$5.1M20x
Bybit IBMUSDT0.0000%8h230.23−0.056%$968K$352K50xas long as short
OKX IBM-USDT-SWAPshort0.0000%8h230.30−0.026%$1.4M$1.1M20x
Gate IBM_USDT0.0000%8h230.29−0.030%$817K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h230.24−0.052%$813K$372K20xas long as short
Variational Omni IBM0.0000%8h230.30−0.027%$255K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h230.38+0.009%$71$166K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h229.95−0.178%$872$525K10xas long as short
HTX IBM-USDT0.0000%8h230.70+0.148%$5K$34K20xas long as short
Lighter IBM+0.0032%1h230.34−0.009%$38K$50K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−12.724%$5712xas long as short
QFEX IBM-USD+0.0038%1h230.37+0.004%$1.2M$3.0M10xas long as short
Vest IBM-USD-PERP+0.0046%1h230.16−0.087%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h230.21−0.065%$2.1M$704K10xas long as short
KuCoin IBMUSDTM+0.0100%8h230.21−0.065%$195K$34K20xas long as short