IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: QFEX against Vest+0.009%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 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 · 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: −$1 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	231.40	0.0046	pay 0.0006% / 1h	8m 00s	—	—	25x
Short	QFEX IBM-USD	231.42	0.0026	get 0.0003% / 1h	8m 00s	$1.2M	$2.4M	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 +0.009%Rate

Funding earned: −$4.1
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$15.23
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; QFEX: live order book, 4 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, 4 min ago	1.73 bp	6.7 bp −$7	11.3 bp −$113	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	−0.0007%	8h	231.58	+0.078%	$47K	$51K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	231.44	+0.017%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.51	+0.047%	$54K	$233K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.58	+0.079%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.47	+0.030%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.54	+0.061%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.53	+0.056%	$805K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.57	+0.073%	$786K	$337K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+0.053%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.56	+0.069%	$565	$158K	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	231.47	+0.030%	$803	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	232.02	+0.268%	$5K	$34K	20x	as long as short
QFEX IBM-USDshort	+0.0026%	1h	231.42	+0.009%	$1.2M	$2.4M	10x
Lighter IBM	+0.0032%	1h	231.42	+0.009%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.116%	—	$57	12x	as long as short
Vest IBM-USD-PERPlong	+0.0046%	1h	231.40	long leg	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.40	0.000%	$1.9M	$758K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.54	+0.061%	$194K	$34K	20x	as long as short