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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.034%
Price spread now: Gate against Extended+0.013%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.013%, 7d avg +0.025%
Together, before fees+0.069%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD231.570get 0.0000% / 1h44m 52s$54K$233K10x
ShortGate IBM_USDT231.600get 0.0000% / 8h3h 44m$801K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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: +0.013% → +0.025%
−$1.18
Slippage, 4 orders
−$43.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$64.57
Costs to cover
0.634%
Break-even
never at this rate
Slippage from Extended: live order book, 7 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 Extended live order book, 7 min ago1.94 bp16.3 bp −$16186.8 bp −$1,868doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.45 bp16.4 bp −$16189.7 bp −$1,897doesn'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−0.0014%8h231.66+0.039%$47K$51K20xas long as short
Aster IBMUSDT0.0000%8h231.43−0.059%$13K$127K20xas long as short
Extended IBM-USDlong0.0000%1h231.57long leg$54K$233K10x
Binance IBMUSDT0.0000%8h231.63+0.024%$3.8M$5.4M20xas long as short
Bybit IBMUSDT0.0000%8h231.48−0.039%$982K$347K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.64+0.030%$1.4M$1.1M20xas long as short
Gate IBM_USDTshort0.0000%8h231.60+0.013%$801K$1.4M50x
Bitget IBMUSDT0.0000%8h231.61+0.017%$786K$337K20xas long as short
Variational Omni IBM0.0000%8h231.60+0.015%$256K$15Kas long as short
GRVT IBM_USDT_Perp0.0000%8h231.59+0.007%$116$160K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h231.47−0.043%$981$476K10xas long as short
HTX IBM-USDT0.0000%8h231.90+0.142%$6K$34K20xas long as short
QFEX IBM-USD+0.0030%1h231.54−0.013%$1.2M$2.3M10xas long as short
Lighter IBM+0.0032%1h231.44−0.056%$38K$43K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.180%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.40−0.073%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.35−0.095%$1.9M$763K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.62+0.022%$195K$34K20xas long as short