Funding you earn now, next payment 02:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.026%
Price spread now: Extended against Lighter−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.086% cheaper against Lighter than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter IBM | 231.34 | 0.0032 | pay 0.0004% / 1h | 35m 48s | $38K | $43K | 10x |
| Short | Extended IBM-USD | 231.14 | 0.0104 | get 0.0013% / 1h | 35m 48s | $54K | $235K | 10x |
Lighter IBM
Extended IBM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.12
- Price spread: −0.086% → 0.000%
- −$8.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.57
- Costs to cover
- 0.050%
- Break-even
- 6.3 days
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 31 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 31 min ago | 0.43 bp | 14.1 bp −$14 | 170.4 bp −$1,704 | doesn't fit | doesn't fit |
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 | 231.07 | −0.115% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.10 | −0.104% | $972K | $346K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.25 | −0.039% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.21 | −0.056% | $798K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.23 | −0.048% | $791K | $340K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 231.19 | −0.065% | $256K | $15K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.42 | +0.037% | $194 | $160K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 231.16 | −0.078% | $1K | $487K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.57 | +0.099% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0029% | 1h | 231.22 | −0.052% | $1.2M | $3.1M | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IBMlong | +0.0032% | 1h | 231.34 | long leg | $38K | $43K | 10x | |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.093% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.13 | −0.091% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.10 | −0.104% | $1.9M | $723K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.12 | −0.095% | $194K | $33K | 20x | as long as short |
| Extended IBM-USDshort | +0.0104% | 1h | 231.14 | −0.086% | $54K | $235K | 10x | |
| Binance IBMUSDT | +0.0104% | 8h | 231.20 | −0.061% | $3.9M | $5.3M | 20x | as long as short |
| BloFin IBM-USDT | +0.0122% | 8h | 231.18 | −0.069% | $46K | $52K | 20x | as long as short |
Injective IBM/USDC PERP
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
Binance IBMUSDT
BloFin IBM-USDT