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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against HTX−0.142%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.142% cheaper against HTX than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 5.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX IBM-USDT231.790get 0.0000% / 8h45m 32s$5K$34K20x
ShortBinance IBMUSDT231.460.0093get 0.0093% / 8h45m 32s$3.9M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$19.59
Price spread: −0.142% → 0.000%
−$14.24
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.64
Costs to cover
0.220%
Break-even
12.9 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 8 min ago. 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 HTX no order-book sample
Sell Binance live order book, 8 min ago0.22 bp13.4 bp −$1352.4 bp −$524166.7 bp −$16.7Kdoesn't fit
HTX: 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%8h231.42−0.161%$13K$126K20xas long as short
Bybit IBMUSDT0.0000%8h231.37−0.181%$976K$376K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h231.51−0.121%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h231.50−0.125%$810K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h231.47−0.138%$798K$405K20xas long as short
Variational Omni IBM0.0000%8h231.54−0.107%$256K$15Kas long as short
SunX IBM-USDT0.0000%8h231.25−0.233%$971$533K10xas long as short
HTX IBM-USDTlong0.0000%8h231.79long leg$5K$34K20x
QFEX IBM-USD+0.0031%1h231.48−0.134%$1.2M$3.2M10xas long as short
Lighter IBM+0.0032%1h231.54−0.108%$38K$47K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective IBM/USDC PERP+0.0033%1h201.05−13.262%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h231.50−0.125%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h231.31−0.207%$2.0M$811K10xas long as short
BloFin IBM-USDT+0.0092%8h231.52−0.116%$46K$52K20xas long as short
Binance IBMUSDTshort+0.0093%8h231.46−0.142%$3.9M$5.8M20x
Extended IBM-USD+0.0096%1h231.42−0.160%$54K$202K10xas long as short
KuCoin IBMUSDTM+0.0100%8h231.29−0.216%$194K$34K20xas long as short
GRVT IBM_USDT_Perp+0.0353%8h231.50−0.124%$442$170K10xas long as short