IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Vest against QFEX−0.039%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.039% cheaper against QFEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IBM-USD	232.10	0.0043	pay 0.0005% / 1h	6m 43s	$1.2M	$2.1M	10x
Short	Vest IBM-USD-PERP	232.01	0.0046	get 0.0006% / 1h	6m 43s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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 QFEXbpFee VestbpOrdersPrice spread, now −0.039%Rate

Funding earned: $0.59
Price spread: −0.039% → 0.000%: −$3.88
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$15.29
Costs to cover: 0.120%
Break-even: 189.0 days

Slippage unknown: QFEX: live order book, 6 min ago; 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 QFEX live order book, 6 min ago	1.72 bp	6.7 bp −$7	11.7 bp −$117	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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	232.07	−0.013%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.13	+0.013%	$53K	$311K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.19	+0.038%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.00	−0.043%	$1.0M	$349K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.20	+0.043%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.20	+0.043%	$743K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.19	+0.039%	$780K	$346K	20x	as long as short
Variational Omni IBM	0.0000%	8h	232.19	+0.039%	$257K	$13K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	232.21	+0.047%	$93	$168K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.02	−0.034%	$900	$471K	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	232.48	+0.164%	$6K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0004%	8h	232.24	+0.060%	$47K	$60K	20x	as long as short
Lighter IBM	+0.0032%	1h	232.32	+0.095%	$38K	$49K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.378%	—	$57	12x	as long as short
QFEX IBM-USDlong	+0.0043%	1h	232.10	long leg	$1.2M	$2.1M	10x
Vest IBM-USD-PERPshort	+0.0046%	1h	232.01	−0.039%	—	—	25x
tradeXYZ xyz:IBM	+0.0050%	1h	231.92	−0.078%	$1.8M	$800K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	232.12	+0.009%	$194K	$56K	20x	as long as short