IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: QFEX against Vest+0.043%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 QFEX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.043% dearer against Vest than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IBM-USD-PERP	231.96	0.0046	pay 0.0006% / 1h	37m 20s	—	—	25x
Short	QFEX IBM-USD	232.06	0.0043	get 0.0005% / 1h	37m 20s	$1.2M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$0.59
Price spread: +0.043% → 0.000%: $4.31
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$8.28
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; QFEX: live order book, 5 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 QFEX live order book, 5 min ago	1.72 bp	8.3 bp −$8	13.6 bp −$136	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
BloFin IBM-USDT	−0.0003%	8h	232.20	+0.103%	$47K	$59K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.29	+0.142%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.05	+0.039%	$53K	$315K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.12	+0.070%	$3.8M	$5.6M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.06	+0.043%	$1.0M	$354K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.29	+0.142%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.19	+0.099%	$750K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.21	+0.108%	$780K	$350K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.20	+0.103%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.17	+0.092%	$65	$168K	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	231.97	+0.004%	$988	$471K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.38	+0.181%	$6K	$33K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.24	+0.121%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.326%	—	$57	12x	as long as short
QFEX IBM-USDshort	+0.0043%	1h	232.06	+0.043%	$1.2M	$2.0M	10x
Vest IBM-USD-PERPlong	+0.0046%	1h	231.96	long leg	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.93	−0.013%	$1.8M	$796K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.11	+0.065%	$195K	$50K	20x	as long as short