IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.015%

Price spread now: Lighter against Extended−0.021%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.021% cheaper against Extended than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IBM-USD	232.79	0	get 0.0000% / 1h	16m 24s	$53K	$313K	10x
Short	Lighter IBM	232.74	0.0032	get 0.0004% / 1h	16m 24s	$37K	$47K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now −0.021%Rate

Funding earned: $6.72
Price spread: −0.021% → 0.000%: −$2.13
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$0.41
Costs to cover: 0.050%
Break-even: 7.4 days

Slippage unknown: Extended: live order book, 34 min ago; 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 Extended live order book, 34 min ago	1.29 bp	14.8 bp −$15	142.2 bp −$1,422	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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 exchanges

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	−0.0006%	8h	232.88	+0.039%	$47K	$61K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	232.58	−0.090%	$13K	$127K	20x	as long as short
Extended IBM-USDlong	0.0000%	1h	232.79	long leg	$53K	$313K	10x
Binance IBMUSDT	0.0000%	8h	232.86	+0.030%	$3.8M	$4.7M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.67	−0.051%	$1.0M	$306K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.80	+0.004%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.88	+0.039%	$744K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.83	+0.017%	$780K	$288K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.76	−0.014%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.50	−0.124%	$1K	$404K	10x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IBM-USDT	0.0000%	8h	233.13	+0.146%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0015%	1h	232.77	−0.008%	$1.2M	$2.0M	10x	as long as short
Lighter IBMshort	+0.0032%	1h	232.74	−0.021%	$37K	$47K	10x
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.634%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.71	−0.034%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0049%	1h	232.66	−0.056%	$1.8M	$789K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.78	−0.004%	$195K	$160K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0367%	8h	232.80	+0.005%	$293	$156K	10x	as long as short