IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Injective+15.837%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: 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 15.837% dearer against Injective than usual: you sell high and buy low: +$1,584 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	Injective IBM/USDC PERP	201.05	0.0033	pay 0.0004% / 1h	58m 59s	—	$57	12x
Short	Lighter IBM	232.89	0.0080	get 0.0010% / 1h	58m 59s	$38K	$45K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now +15.837%Rate

Funding earned: $9.8
Price spread: +15.837% → 0.000%: $1,583.69
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $1,593.47
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Injective and 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
tradeXYZ xyz:IBM	−0.0132%	1h	232.50	+15.643%	$1.8M	$773K	10x	as long as short
BloFin IBM-USDT	−0.0003%	8h	232.67	+15.727%	$47K	$61K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.60	+15.691%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.71	+15.745%	$54K	$313K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.77	+15.776%	$3.8M	$4.8M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.65	+15.717%	$995K	$319K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.73	+15.757%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.78	+15.782%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.72	+15.752%	$782K	$293K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.69	+15.736%	$258K	$15K	—	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	232.43	+15.608%	$904	$424K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.79	+15.787%	$6K	$33K	20x	as long as short
Injective IBM/USDC PERPlong	+0.0033%	1h	201.05	long leg	—	$57	12x
QFEX IBM-USD	+0.0036%	1h	232.70	+15.742%	$1.2M	$2.0M	10x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.57	+15.678%	—	—	25x	as long as short
Lighter IBMshort	+0.0080%	1h	232.89	+15.837%	$38K	$45K	10x
KuCoin IBMUSDTM	+0.0100%	8h	232.66	+15.722%	$195K	$114K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0391%	8h	232.77	+15.777%	$573	$164K	10x	as long as short