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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Vest against Extended−0.002%7-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 airdropExtended: Active · Vest: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IBM-USD232.690.0048pay 0.0006% / 1h57m 34s$53K$307K10x
ShortVest IBM-USD-PERP232.680.0046get 0.0006% / 1h57m 34s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$0.49
Price spread: −0.002% → 0.000%
−$0.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.73
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 48 min ago; Vest: 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 Extended live order book, 48 min ago1.29 bp15.0 bp −$15142.7 bp −$1,427doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 exchanges

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%8h232.55−0.058%$13K$127K20xas long as short
Bybit IBMUSDT0.0000%8h232.66−0.011%$997K$309K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.72+0.015%$1.4M$1.0M20xas long as short
Gate IBM_USDT0.0000%8h232.81+0.053%$743K$1.3M50xas long as short
Bitget IBMUSDT0.0000%8h232.67−0.007%$779K$279K20xas long as short
Variational Omni IBM0.0000%8h232.80+0.051%$258K$14Kas long as short
SunX IBM-USDT0.0000%8h232.64−0.020%$335$378K10xas long as short
HTX IBM-USDT0.0000%8h233.14+0.195%$7K$34K20xas long as short
QFEX IBM-USD+0.0014%1h232.70+0.006%$1.2M$2.0M10xas long as short
Lighter IBM+0.0032%1h232.60−0.037%$37K$44K10xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.596%$5712xas long as short
BloFin IBM-USDT+0.0041%8h232.75+0.028%$47K$63K20xas long as short
Vest IBM-USD-PERPshort+0.0046%1h232.68−0.002%25x
Extended IBM-USDlong+0.0048%1h232.69long leg$53K$307K10x
Binance IBMUSDT+0.0049%8h232.77+0.036%$3.8M$4.7M20xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.57−0.050%$1.8M$787K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.75+0.028%$196K$252K20xas long as short
GRVT IBM_USDT_Perp+0.0650%8h232.83+0.061%$54$151K10xas long as short