IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.006%

Price spread now: QFEX against Variational Omni−0.038%7-day average −0.023% · you buy dearer than you sell

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)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.038%, 7d avg −0.023%

Together, before fees−0.076%+ Points / potential airdropVariational Omni: Active · farm board−$8 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	Variational Omni IBM	232.34	0	get 0.0000% / 8h	1h 32m	$257K	$14K	—
Short	QFEX IBM-USD	232.25	0.0049	get 0.0006% / 1h	32m 09s	$1.2M	$2.1M	10x

Funding history

latest

Range statsloading…

QFEX against Variational Omni. 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 Variational OmnibpFee QFEXbpOrdersPrice spread, now −0.038%Rate

Slippage unknown: Variational Omni: RFQ quote, 12 min ago; QFEX: live order book, 10 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 Variational Omni RFQ quote, 12 min ago	5.49 bp	doesn't fit	70.0 bp −$700	doesn't fit	doesn't fit
Sell QFEX live order book, 10 min ago	1.72 bp	6.7 bp −$7	11.1 bp −$111	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
Aster IBMUSDT	0.0000%	8h	232.10	−0.102%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.22	−0.050%	$57K	$238K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.28	−0.026%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.16	−0.077%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.24	−0.043%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.32	−0.008%	$752K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.23	−0.047%	$780K	$343K	20x	as long as short
Variational Omni IBMlong	0.0000%	8h	232.34	long leg	$257K	$14K	—
GRVT IBM_USDT_Perp	0.0000%	8h	232.34	0.000%	$170	$164K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.13	−0.090%	$799	$474K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	232.33	−0.004%	$6K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0026%	8h	232.25	−0.038%	$47K	$56K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.42	+0.035%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.467%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.14	−0.086%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0049%	1h	232.02	−0.137%	$1.8M	$817K	10x	as long as short
QFEX IBM-USDshort	+0.0049%	1h	232.25	−0.038%	$1.2M	$2.1M	10x
KuCoin IBMUSDTM	+0.0100%	8h	232.18	−0.069%	$195K	$46K	20x	as long as short