IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against Vest−13.120%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Injective

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 · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 13.120% cheaper against Vest than usual: you would sell low and buy high (−$1,312 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IBM-USD-PERP	231.41	0.0046	pay 0.0006% / 1h	52m 54s	—	—	25x
Short	Injective IBM/USDC PERP	201.05	0.0033	get 0.0004% / 1h	52m 54s	—	$57	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −13.120%Rate

Funding earned: −$2.59
Price spread: −13.120% → 0.000%: −$1,311.96
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,316.57
Costs to cover: 0.020%
Break-even: never at this rate

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

Vest and Injective: 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	231.82	+0.178%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.49	+0.035%	$977K	$358K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.61	+0.086%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.54	+0.056%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.62	+0.091%	$793K	$372K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.65	+0.105%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.38	−0.013%	$1K	$522K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.03	+0.268%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0025%	1h	231.54	+0.056%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.47	+0.026%	$38K	$43K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERPshort	+0.0033%	1h	201.05	−13.120%	—	$57	12x
Vest IBM-USD-PERPlong	+0.0046%	1h	231.41	long leg	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.40	−0.004%	$1.9M	$822K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.56	+0.065%	$195K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0203%	8h	231.68	+0.117%	$46K	$52K	20x	as long as short
Extended IBM-USD	+0.0216%	1h	231.58	+0.075%	$53K	$202K	10x	as long as short
Binance IBMUSDT	+0.0220%	8h	231.63	+0.095%	$3.9M	$5.6M	20x	as long as short
GRVT IBM_USDT_Perp	+0.0794%	8h	231.65	+0.103%	$584	$168K	10x	as long as short