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

IBM

RWAall IBM markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.012%
Price spread now: QFEX against SunX+0.047%7-day average +0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on SunXShort on QFEX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.047%, 7d avg +0.038%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IBM-USDT232.070get 0.0000% / 8h1h 43m$1K$472K10x
ShortQFEX IBM-USD232.180.0049get 0.0006% / 1h43m 29s$1.2M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against SunX. 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
$10.37
Price spread: +0.047% → +0.038%
$0.89
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$6.74
Costs to cover
0.180%
Break-even
11.6 days
Slippage unknown: SunX: live order book, 18 min ago; QFEX: live order book, 4 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 SunX live order book, 18 min ago500.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.94 bp6.9 bp −$710.7 bp −$107doesn'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−0.0020%8h232.20+0.056%$47K$56K20xas long as short
Aster IBMUSDT0.0000%8h232.20+0.057%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.19+0.051%$57K$238K10xas long as short
Binance IBMUSDT0.0000%8h232.27+0.086%$3.8M$5.5M20xas long as short
Bybit IBMUSDT0.0000%8h232.16+0.039%$1.0M$356K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.16+0.039%$1.4M$1.2M20xas long as short
Gate IBM_USDT0.0000%8h232.25+0.078%$752K$1.5M50xas long as short
Bitget IBMUSDT0.0000%8h232.22+0.065%$780K$343K20xas long as short
Variational Omni IBM0.0000%8h232.22+0.064%$257K$14K—as long as short
GRVT IBM_USDT_Perp0.0000%8h232.29+0.095%$834$164K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDTlong0.0000%8h232.07long leg$1K$472K10x
HTX IBM-USDT0.0000%8h232.46+0.168%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.31+0.103%$38K$49K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.367%—$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.070.000%——25xas long as short
QFEX IBM-USDshort+0.0049%1h232.18+0.047%$1.2M$2.1M10x
tradeXYZ xyz:IBM+0.0050%1h232.12+0.022%$1.8M$818K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.19+0.052%$195K$46K20xas long as short