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

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against OKX+0.047%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.047% dearer against OKX than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IBM-USDT-SWAP232.670get 0.0000% / 8h5h 44m$1.4M$1.0M20x
ShortBloFin IBM-USDT232.78−0.0014pay 0.0014% / 8h5h 44m$47K$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
−$2.93
Price spread: +0.047% → 0.000%
$4.73
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 min ago; BloFin: 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 OKX live order book, 5 min ago0.22 bp15.7 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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
BloFin IBM-USDTshort−0.0014%8h232.78+0.047%$47K$62K20x
Aster IBMUSDT0.0000%8h232.53−0.061%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.61−0.024%$53K$310K10xas long as short
Binance IBMUSDT0.0000%8h232.69+0.009%$3.8M$4.6M20xas long as short
Bybit IBMUSDT0.0000%8h232.48−0.082%$999K$305K50xas long as short
OKX IBM-USDT-SWAPlong0.0000%8h232.67long leg$1.4M$1.0M20x
Gate IBM_USDT0.0000%8h232.81+0.060%$743K$1.4M50xas long as short
Bitget IBMUSDT0.0000%8h232.65−0.009%$779K$285K20xas long as short
Variational Omni IBM0.0000%8h232.69+0.009%$258K$15Kas long as short
SunX IBM-USDT0.0000%8h232.50−0.073%$1K$389K10xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IBM-USDT0.0000%8h233.03+0.155%$6K$33K20xas long as short
QFEX IBM-USD+0.0026%1h232.73+0.026%$1.2M$2.0M10xas long as short
Lighter IBM+0.0032%1h232.57−0.043%$37K$47K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.590%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.58−0.039%25xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.50−0.073%$1.8M$788K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.670.000%$195K$198K20xas long as short
GRVT IBM_USDT_Perp+0.0565%8h232.69+0.009%$384$153K10xas long as short