IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: tradeXYZ against Vest−0.026%7-day average — · you buy dearer than you sell

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

Long on Vest Short on tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.026% cheaper against Vest than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IBM-USD-PERP	231.30	0.0046	pay 0.0006% / 1h	59m 42s	—	—	25x
Short	tradeXYZ xyz:IBM	231.24	0.0029	get 0.0004% / 1h	59m 42s	$1.9M	$756K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$3.54
Price spread: −0.026% → 0.000%: −$2.59
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.13
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago	1.51 bp	10.7 bp −$11	19.4 bp −$194	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
Aster IBMUSDT	0.0000%	8h	231.33	+0.013%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.26	−0.017%	$979K	$349K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.49	+0.082%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.38	+0.035%	$800K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.55	+0.108%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.40	+0.044%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.56	+0.113%	$516	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.24	−0.026%	$775	$485K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.66	+0.156%	$5K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0009%	8h	231.45	+0.065%	$47K	$51K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance IBMUSDT	+0.0019%	8h	231.40	+0.043%	$3.8M	$5.4M	20x	as long as short
Extended IBM-USD	+0.0024%	1h	231.34	+0.015%	$54K	$236K	10x	as long as short
tradeXYZ xyz:IBMshort	+0.0029%	1h	231.24	−0.026%	$1.9M	$756K	10x
Lighter IBM	+0.0032%	1h	231.38	+0.035%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.078%	—	$57	12x	as long as short
QFEX IBM-USD	+0.0035%	1h	231.35	+0.022%	$1.2M	$2.6M	10x	as long as short
Vest IBM-USD-PERPlong	+0.0046%	1h	231.30	long leg	—	—	25x
KuCoin IBMUSDTM	+0.0100%	8h	231.42	+0.052%	$194K	$34K	20x	as long as short