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: Lighter against Vest+0.065%7-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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.065% dearer against Vest than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IBM-USD-PERP	231.36	0.0046	pay 0.0006% / 1h	30m 19s	—	—	25x
Short	Lighter IBM	231.51	0.0032	get 0.0004% / 1h	30m 19s	$38K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice 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 Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: $1.61
Costs to cover: 0.020%
Break-even: from the start

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

Vest and Lighter: 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	+0.028%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.45	+0.039%	$974K	$346K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.47	+0.048%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.55	+0.082%	$799K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.59	+0.099%	$789K	$338K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.57	+0.090%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.52	+0.071%	$519	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.31	−0.022%	$766	$486K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.75	+0.169%	$5K	$33K	20x	as long as short
Lighter IBMshort	+0.0032%	1h	231.51	+0.065%	$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	−13.101%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.52	+0.069%	$1.2M	$2.7M	10x	as long as short
BloFin IBM-USDT	+0.0041%	8h	231.62	+0.112%	$47K	$52K	20x	as long as short
Vest IBM-USD-PERPlong	+0.0046%	1h	231.36	long leg	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.36	0.000%	$1.9M	$726K	10x	as long as short
Extended IBM-USD	+0.0056%	1h	231.54	+0.079%	$53K	$238K	10x	as long as short
Binance IBMUSDT	+0.0059%	8h	231.61	+0.108%	$3.9M	$5.3M	20x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.54	+0.078%	$194K	$33K	20x	as long as short