IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: Vest against Lighter−0.065%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.065% cheaper against Lighter than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 16 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter IBM	231.51	0.0032	pay 0.0004% / 1h	30m 03s	$38K	$43K	10x
Short	Vest IBM-USD-PERP	231.36	0.0046	get 0.0006% / 1h	30m 03s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now −0.065%Rate

Funding earned: $2.87
Price spread: −0.065% → 0.000%: −$6.48
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.61
Costs to cover: 0.020%
Break-even: 20.7 days

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

Lighter and Vest: 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
Aster IBMUSDT	0.0000%	8h	231.43	−0.035%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.46	−0.022%	$974K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.47	−0.017%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.55	+0.017%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.60	+0.039%	$789K	$338K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	+0.025%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.52	+0.006%	$519	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.31	−0.086%	$766	$486K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.75	+0.104%	$5K	$33K	20x	as long as short
Lighter IBMlong	+0.0032%	1h	231.51	long leg	$38K	$43K	10x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.157%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.52	+0.004%	$1.2M	$2.7M	10x	as long as short
BloFin IBM-USDT	+0.0041%	8h	231.62	+0.048%	$47K	$52K	20x	as long as short
Vest IBM-USD-PERPshort	+0.0046%	1h	231.36	−0.065%	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.38	−0.056%	$1.9M	$726K	10x	as long as short
Extended IBM-USD	+0.0056%	1h	231.54	+0.014%	$53K	$238K	10x	as long as short
Binance IBMUSDT	+0.0059%	8h	231.62	+0.045%	$3.9M	$5.3M	20x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.55	+0.017%	$194K	$33K	20x	as long as short