IBM funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best IBM arbitrage after every cost
No IBM pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
IBM funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| TXFlow | IBM-USDC | 0.0158% | 1 h | +138.1% | — | $11.6K | 2026-11-11 23:00 |
| Lighter | IBM | 0.0137% | 1 h | +120.0% | −3.1% | $158.6K | 2026-11-11 23:00 |
| Hyperliquid | xyz:IBM | 0.0087% | 1 h | +76.6% | −10.1% | $17.2M | 2026-11-11 23:00 |
| Ondo Perps | IBM-USD.P | 0.0073% | 1 h | +63.9% | — | $100.7K | 2026-11-11 23:00 |
| GRVT | IBM_USDT_Perp | 0.0419% | 8 h | +45.9% | −4.6% | $79 | 2026-11-12 00:00 |
| Phoenix | IBM | 0.0044% | 1 h | +38.8% | +5.9% | — | 2026-11-11 23:00 |
| Binance | IBMUSDT | 0.0224% | 8 h | +24.5% | −38.6% | $4.3M | 2026-11-12 00:00 |
| Extended | IBM-USD | 0.0027% | 1 h | +23.7% | +0.6% | $2.6K | 2026-11-11 23:00 |
| LBank | IBMUSDT | 0.0214% | 8 h | +23.5% | 0.0% | — | 2026-11-12 00:00 |
| MEXC | IBMSTOCK_USDT | 0.0214% | 8 h | +23.4% | −39.4% | $249.9K | 2026-11-12 00:00 |
| WhiteBIT | IBM_PERP | 0.0128% | 8 h | +14.0% | −18.6% | $981.7K | 2026-11-12 00:00 |
| Bybit | IBMUSDT | 0.0069% | 8 h | +7.5% | −18.1% | $3.3M | 2026-11-12 00:00 |
| QFEX | IBM-USD | 0.0004% | 1 h | +3.3% | — | $919.7K | 2026-11-11 22:59 |
| KuCoin | IBMUSDTM | 0.0008% | 8 h | +0.9% | −21.8% | $777.4K | 2026-11-12 00:00 |
| Bitunix | IBMUSDT | 0.0001% | 8 h | +0.1% | −2.9% | — | 2026-11-12 00:00 |
| Bitget | IBMUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $393.4K | 2026-11-12 00:00 |
| HTX | IBM-USDT | 0.0000% | 8 h | 0.0% | −0.1% | $10.2K | 2026-11-12 00:00 |
| OKX | IBM-USDT-SWAP | 0.0000% | 8 h | 0.0% | −19.4% | $1M | 2026-11-12 00:00 |
| Aster | IBMUSDT | 0.0000% | 8 h | 0.0% | +0.0% | $513.4K | 2026-11-12 00:00 |
| Gate | IBM_USDT | 0.0000% | 8 h | 0.0% | +4.1% | $1.1M | 2026-11-12 00:00 |
| Variational | IBM-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $23.8K | 2026-11-12 00:00 |
| Crypto.com | IBMUSD-PERP | -0.0035% | 1 h | −30.3% | −58.4% | $9.1K | 2026-11-11 23:00 |
Cost to enter $10,000 of IBM
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bybit | IBMUSDT | 3.0 bp | top of book only |
| Lighter | IBM | 3.4 bp | top of book only |
| Variational | IBM-PERP | 3.6 bp | top of book only |
| Hyperliquid | xyz:IBM | 4.2 bp | top of book only |
| Extended | IBM-USD | 4.2 bp | top of book only |
| GRVT | IBM_USDT_Perp | 5.9 bp | top of book only |
| Binance | IBMUSDT | 6.0 bp * | top of book only |
| OKX | IBM-USDT-SWAP | 6.2 bp * | top of book only |
| Bitget | IBMUSDT | 7.2 bp | top of book only |
| Gate | IBM_USDT | 8.3 bp | top of book only |
| MEXC | IBMSTOCK_USDT | 8.7 bp | top of book only |
| KuCoin | IBMUSDTM | 16.7 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is IBM funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no IBM pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest IBM funding rate?
TXFlow at +138.1% a year (0.0158% every 1 h); the lowest is Crypto.com at −30.3%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.