IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%

Price spread now: Vest against Injective+15.121%50s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Vest

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 15.121% dearer against Injective than usual: you sell high and buy low: +$1,512 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective IBM/USDC PERP	201.05	0.0033	pay 0.0004% / 1h	35m 38s	—	$57	12x
Short	Vest IBM-USD-PERP	231.45	0.0046	get 0.0006% / 1h	35m 38s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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 InjectivebpFee VestbpOrdersPrice spread, now +15.121%Rate

Funding earned: $2.59
Price spread: +15.121% → 0.000%: $1,512.06
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Vest: 1 bp × 2 orders: −$2
Net: $1,512.63
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Injective and 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	231.85	+15.321%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.38	+15.086%	$976K	$376K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.50	+15.145%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	+15.155%	$797K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.52	+15.155%	$798K	$405K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.49	+15.140%	$256K	$15K	—	as long as short
SunX IBM-USDT	0.0000%	8h	231.23	+15.011%	$948	$533K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.95	+15.369%	$5K	$34K	20x	as long as short
QFEX IBM-USD	+0.0031%	1h	231.47	+15.131%	$1.2M	$3.3M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.53	+15.160%	$38K	$47K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective IBM/USDC PERPlong	+0.0033%	1h	201.05	long leg	—	$57	12x
Vest IBM-USD-PERPshort	+0.0046%	1h	231.45	+15.121%	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.35	+15.071%	$2.0M	$810K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.30	+15.046%	$194K	$34K	20x	as long as short
BloFin IBM-USDT	+0.0104%	8h	231.56	+15.175%	$46K	$52K	20x	as long as short
Extended IBM-USD	+0.0120%	1h	231.48	+15.137%	$54K	$202K	10x	as long as short
Binance IBMUSDT	+0.0121%	8h	231.52	+15.156%	$3.9M	$5.8M	20x	as long as short
GRVT IBM_USDT_Perp	+0.0368%	8h	231.50	+15.145%	$715	$170K	10x	as long as short