IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%

Price spread now: Vest against QFEX−0.052%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Vest

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 pays, the price is against you. Vest is 0.052% cheaper against QFEX than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8.6 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	QFEX IBM-USD	232.60	0.0026	pay 0.0003% / 1h	43m 10s	$1.2M	$2.0M	10x
Short	Vest IBM-USD-PERP	232.48	0.0046	get 0.0006% / 1h	43m 10s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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 QFEXbpFee VestbpOrdersPrice spread, now −0.052%Rate

Funding earned: $4.2
Price spread: −0.052% → 0.000%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$12.96
Costs to cover: 0.120%
Break-even: 28.6 days

Slippage unknown: QFEX: live order book, 2 min ago; Vest: 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 QFEX live order book, 2 min ago	1.50 bp	6.8 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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 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
Aster IBMUSDT	0.0000%	8h	232.53	−0.029%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.60	−0.001%	$56K	$314K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.68	+0.034%	$3.8M	$4.6M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.46	−0.060%	$999K	$305K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.67	+0.030%	$1.4M	$1.0M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.76	+0.069%	$743K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.66	+0.026%	$779K	$285K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.69	+0.039%	$258K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	232.46	−0.060%	$1K	$389K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.90	+0.129%	$6K	$34K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX IBM-USDlong	+0.0026%	1h	232.60	long leg	$1.2M	$2.0M	10x
BloFin IBM-USDT	+0.0029%	8h	232.71	+0.047%	$47K	$62K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.48	−0.052%	$37K	$47K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.564%	—	$57	12x	as long as short
Vest IBM-USD-PERPshort	+0.0046%	1h	232.48	−0.052%	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	232.36	−0.103%	$1.8M	$787K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.65	+0.021%	$195K	$198K	20x	as long as short
GRVT IBM_USDT_Perp	+0.0565%	8h	232.69	+0.039%	$384	$153K	10x	as long as short