IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%

Price spread now: Extended against Vest+0.088%50s7-day average — · you sell dearer than you buy

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

Long on Vest Short on Extended

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 airdropVest: Active · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.088% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IBM-USD-PERP	231.18	0.0046	pay 0.0006% / 1h	41m 45s	—	—	25x
Short	Extended IBM-USD	231.38	0.0112	get 0.0014% / 1h	41m 45s	$54K	$235K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Vest. 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 VestbpFee ExtendedbpOrdersPrice spread, now +0.088%Rate

Funding earned: $13.93
Price spread: +0.088% → 0.000%: $8.79
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $15.72
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Extended: live order book, 25 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Extended live order book, 25 min ago	0.43 bp	14.1 bp −$14	170.4 bp −$1,704	doesn't fit	doesn't fit

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	231.16	−0.009%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.22	+0.017%	$973K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.43	+0.108%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.42	+0.104%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.46	+0.121%	$792K	$339K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.40	+0.095%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.38	+0.087%	$266	$159K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.25	+0.030%	$969	$488K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.60	+0.182%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0029%	1h	231.36	+0.078%	$1.2M	$3.1M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IBM	+0.0032%	1h	231.38	+0.087%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.033%	—	$57	12x	as long as short
Vest IBM-USD-PERPlong	+0.0046%	1h	231.18	long leg	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.19	+0.004%	$1.9M	$722K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.26	+0.035%	$194K	$33K	20x	as long as short
Extended IBM-USDshort	+0.0112%	1h	231.38	+0.088%	$54K	$235K	10x
Binance IBMUSDT	+0.0114%	8h	231.44	+0.112%	$3.9M	$5.3M	20x	as long as short
BloFin IBM-USDT	+0.0122%	8h	231.18	0.000%	$46K	$52K	20x	as long as short