IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.027%

Price spread now: Lighter against Extended−0.058%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.058% cheaper against Extended than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.0 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	Extended IBM-USD	231.57	0	get 0.0000% / 1h	44m 30s	$54K	$233K	10x
Short	Lighter IBM	231.44	0.0032	get 0.0004% / 1h	44m 30s	$38K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $6.72
Price spread: −0.058% → 0.000%: −$5.78
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$4.06
Costs to cover: 0.050%
Break-even: 11.2 days

Slippage unknown: Extended: live order book, 7 min ago; 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 Extended live order book, 7 min ago	1.94 bp	16.3 bp −$16	186.8 bp −$1,868	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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
BloFin IBM-USDT	−0.0014%	8h	231.66	+0.037%	$47K	$51K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	231.43	−0.063%	$13K	$127K	20x	as long as short
Extended IBM-USDlong	0.0000%	1h	231.57	long leg	$54K	$233K	10x
Binance IBMUSDT	0.0000%	8h	231.63	+0.026%	$3.8M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.48	−0.041%	$982K	$347K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.64	+0.029%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.60	+0.011%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.61	+0.016%	$786K	$335K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.60	+0.013%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.59	+0.005%	$116	$160K	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	−0.045%	$981	$476K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.90	+0.141%	$6K	$34K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	231.55	−0.010%	$1.2M	$2.3M	10x	as long as short
Lighter IBMshort	+0.0032%	1h	231.44	−0.058%	$38K	$43K	10x
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.181%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.40	−0.075%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.35	−0.097%	$1.9M	$763K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.61	+0.016%	$195K	$34K	20x	as long as short