IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.024%

Price spread now: Lighter against Extended+0.037%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	232.18	0	get 0.0000% / 1h	3m 12s	$53K	$319K	10x
Short	Lighter IBM	232.27	0.0032	get 0.0004% / 1h	3m 12s	$38K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now +0.037%Rate

Funding earned: $6.72
Price spread: +0.037% → 0.000%: $3.71
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $5.43
Costs to cover: 0.050%
Break-even: 1.3 days

Slippage unknown: Extended: live order book, 39 min ago; Lighter: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 39 min ago	1.08 bp	14.6 bp −$15	157.3 bp −$1,573	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IBM-USDT	−0.0016%	8h	232.31	+0.054%	$47K	$55K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.17	−0.007%	$13K	$127K	20x	as long as short
Extended IBM-USDlong	0.0000%	1h	232.18	long leg	$53K	$319K	10x
Binance IBMUSDT	0.0000%	8h	232.25	+0.029%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.11	−0.032%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.23	+0.020%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.29	+0.046%	$751K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.24	+0.024%	$780K	$343K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.26	+0.035%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.28	+0.041%	$5	$166K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IBM-USDT	0.0000%	8h	232.05	−0.058%	$1K	$471K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.47	+0.123%	$6K	$33K	20x	as long as short
Lighter IBMshort	+0.0032%	1h	232.27	+0.037%	$38K	$49K	10x
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.409%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.03	−0.066%	—	—	25x	as long as short
QFEX IBM-USD	+0.0049%	1h	232.16	−0.010%	$1.2M	$2.0M	10x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.98	−0.088%	$1.8M	$800K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.23	+0.020%	$195K	$45K	20x	as long as short