data as of
Settings8H · net · $10k
Price arb /

IBM

RWAall IBM markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.149%7d average−0.067%fees + slippage, in and out−$42spread needed0.415%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IBM-USD228.940.0047pay 0.0006% / 1h3m 44s$1.2M$2.9M10x
ShorttradeXYZ xyz:IBM228.600.0050get 0.0006% / 1h3m 44s$2.1M$690K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$14.85
Funding while held
$0.09
Slippage, 4 orders
−$13.5
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$56.26
Spread needed to break even
0.415%
Slippage from QFEX: live order book, 6 min ago; tradeXYZ: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0003%
Per $10,000 a day
+$0.09
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago2.40 bp8.6 bp −$912.9 bp −$129doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.31 bp12.0 bp −$1217.1 bp −$171doesn't fitdoesn't fit

IBM price on every exchange

against the cheapest. Click to use as the short leg.

IBM on 17 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective IBM/USDC PERP−12.182%+0.0033%1h$5712xas long as short
SunX IBM-USDT−0.153%0.0000%8h$1K$523K10xas long as short
tradeXYZ xyz:IBMshort−0.149%+0.0050%1h$2.1M$690K10x
KuCoin IBMUSDTM−0.149%+0.0100%8h$194K$32K20xas long as short
Bybit IBMUSDT−0.140%0.0000%8h$957K$345K50xas long as short
Gate IBM_USDT−0.122%0.0000%8h$814K$1.4M50xas long as short
Variational Omni IBM−0.109%0.0000%8h$253K$15Kas long as short
Bitget IBMUSDT−0.109%0.0000%8h$808K$378K20xas long as short
Binance IBMUSDT−0.105%0.0000%8h$4.1M$4.9M20xas long as short
Vest IBM-USD-PERP−0.096%+0.0046%1h25xas long as short
Show all 17 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended IBM-USD−0.095%0.0000%1h$54K$202K10xas long as short
Lighter IBM−0.092%+0.0032%1h$37K$50K10xas long as short
OKX IBM-USDT-SWAP−0.079%0.0000%8h$1.4M$1.1M20xas long as short
Aster IBMUSDT−0.057%0.0000%8h$14K$124K20xas long as short
BloFin IBM-USDT−0.048%+0.0020%8h$47K$41K20xas long as short
QFEX IBM-USDlong0.000%+0.0047%1h$1.2M$2.9M10x
HTX IBM-USDT+0.052%0.0000%8h$6K$34K20xas long as short