IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.007%

Price spread now: Variational Omni against QFEX+0.030%7-day average +0.023% · you sell dearer than you buy

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

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.015%−$2 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now +0.030%, 7d avg +0.023%

Together, before fees+0.134%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IBM-USD	232.06	0.0030	pay 0.0004% / 1h	52m 18s	$1.2M	$2.2M	10x
Short	Variational Omni IBM	232.13	0	get 0.0000% / 8h	2h 52m	$257K	$13K	—

Funding history

latest

Range statsloading…

Variational Omni against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee QFEXbpFee Variational OmnibpOrdersPrice spread, now +0.030%Rate

Slippage unknown: QFEX: live order book, 5 min ago; Variational Omni: RFQ quote, 62 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 5 min ago	1.94 bp	7.0 bp −$7	12.3 bp −$123	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 62 min ago	2.79 bp	doesn't fit	33.4 bp −$334	doesn't fit	doesn't fit

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	−0.0002%	8h	232.12	+0.026%	$47K	$52K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.12	+0.025%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.10	+0.016%	$53K	$234K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.16	+0.042%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.02	−0.017%	$984K	$337K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.09	+0.013%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.17	+0.047%	$808K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.96	−0.043%	$787K	$322K	20x	as long as short
Variational Omni IBMshort	0.0000%	8h	232.13	+0.030%	$257K	$13K	—
GRVT IBM_USDT_Perp	0.0000%	8h	232.09	+0.011%	$777	$161K	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	231.94	−0.052%	$976	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.36	+0.129%	$6K	$33K	20x	as long as short
QFEX IBM-USDlong	+0.0030%	1h	232.06	long leg	$1.2M	$2.2M	10x
Lighter IBM	+0.0032%	1h	231.95	−0.047%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.363%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.94	−0.052%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.93	−0.056%	$1.8M	$799K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.03	−0.013%	$195K	$35K	20x	as long as short