IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%

Price spread now: tradeXYZ against Variational Omni−0.122%7-day average −0.105% · you buy dearer than you sell

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

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.058%+$6 on $10k

Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.122%, 7d avg −0.105%

Together, before fees−0.056%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IBM	232.27	0	get 0.0000% / 8h	2h 08m	$257K	$13K	—
Short	tradeXYZ xyz:IBM	231.99	0.0050	get 0.0006% / 1h	8m 09s	$1.8M	$808K	10x

Funding history

latest

Range statsloading…

tradeXYZ against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Variational OmnibpFee tradeXYZbpOrdersPrice spread, now −0.122%Rate

Slippage unknown: Variational Omni: RFQ quote, 41 min ago; tradeXYZ: live order book, 10 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 41 min ago	5.49 bp	doesn't fit	46.9 bp −$469	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.51 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit

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	232.06	−0.092%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	232.20	−0.032%	$53K	$239K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	232.27	−0.002%	$3.8M	$5.5M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	232.09	−0.079%	$983K	$340K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	232.29	+0.007%	$1.4M	$1.2M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	232.28	+0.002%	$753K	$1.5M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	232.24	−0.015%	$790K	$327K	20x	as long as short
Variational Omni IBMlong	0.0000%	8h	232.27	long leg	$257K	$13K	—
GRVT IBM_USDT_Perp	0.0000%	8h	232.28	+0.001%	$362	$162K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	232.06	−0.092%	$928	$473K	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	232.42	+0.063%	$6K	$33K	20x	as long as short
BloFin IBM-USDT	+0.0007%	8h	232.14	−0.058%	$46K	$52K	20x	as long as short
QFEX IBM-USD	+0.0030%	1h	232.18	−0.041%	$1.2M	$2.2M	10x	as long as short
Lighter IBM	+0.0032%	1h	232.04	−0.101%	$38K	$48K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.443%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	232.03	−0.105%	—	—	25x	as long as short
tradeXYZ xyz:IBMshort	+0.0050%	1h	231.99	−0.122%	$1.8M	$808K	10x
KuCoin IBMUSDTM	+0.0100%	8h	232.13	−0.062%	$195K	$42K	20x	as long as short