Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Vest+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest IBM-USD-PERP | 232.03 | 0.0046 | pay 0.0006% / 1h | 9m 34s | — | — | 25x |
| Short | Lighter IBM | 232.04 | 0.0032 | get 0.0004% / 1h | 9m 34s | $38K | $48K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.87
- Price spread: +0.004% → 0.000%
- $0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.44
- Costs to cover
- 0.020%
- Break-even
- never at this rate
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 | 232.07 | +0.017% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.20 | +0.075% | $53K | $239K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.27 | +0.103% | $3.8M | $5.5M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.09 | +0.026% | $983K | $340K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.26 | +0.099% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.28 | +0.108% | $753K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.24 | +0.091% | $790K | $327K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.27 | +0.105% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.28 | +0.106% | $362 | $162K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.11 | +0.034% | $852 | $474K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.40 | +0.159% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0009% | 8h | 232.14 | +0.047% | $46K | $52K | 20x | as long as short |
| QFEX IBM-USD | +0.0030% | 1h | 232.20 | +0.073% | $1.2M | $2.2M | 10x | as long as short |
| Lighter IBMshort | +0.0032% | 1h | 232.04 | +0.004% | $38K | $48K | 10x | |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.352% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERPlong | +0.0046% | 1h | 232.03 | long leg | — | — | 25x | |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.99 | −0.017% | $1.8M | $808K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.13 | +0.043% | $195K | $42K | 20x | as long as short |
Lighter IBM
Aster IBMUSDT
Extended IBM-USD
Binance 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
BloFin IBM-USDT
Injective IBM/USDC PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM