IBM (International Business Machines Corp) perpetual futures
IBM (International Business Machines Corp) perpetuals trade on 20 markets. 24h volume $14.87M, open interest $10.36M. Best funding APR +10.95% on txflow. Cheapest $100k execution (24h median): 11.45 bps on lighter.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for IBM (International Business Machines Corp) on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| qfex | IBM-USD | 255.90 | $4.01M | $2.72M | -0.0000% | -0.00% | +0.0045% | -0.0056% | +0.1931% |
| binance | IBMUSDT | 256.28 | $3.77M | $2.70M | 0.0000% | +0.00% | +0.0083% | +0.0573% | +0.2615% |
| bingx | NCSKIBMR2USD-USDT | 256.28 | $1.67M | $972.6K | -0.0050% | -5.48% | -0.0150% | -0.0621% | +0.4285% |
| trade_xyz | xyz:IBM | 255.78 | $1.37M | $1.06M | 0.0006% | +5.48% | +0.0277% | +0.0961% | +0.4744% |
| lighter | IBM | 255.79 | $993.1K | $125.0K | 0.0004% | +3.50% | +0.0164% | +0.0896% | +0.7668% |
| bitget | IBMUSDT | 256.24 | $591.3K | $348.3K | 0.0000% | +0.00% | +0.0160% | +0.0160% | +0.0655% |
| bybit | IBMUSDT | 256.15 | $561.2K | $419.1K | 0.0000% | +0.00% | +0.0000% | -0.0169% | -0.0946% |
| kucoin | IBMUSDTM | 256.33 | $539.7K | $263.8K | 0.0000% | +0.00% | +0.0000% | +0.0000% | +0.0723% |
| okx | IBM-USDT-SWAP | 256.22 | $344.3K | $780.3K | 0.0000% | +0.00% | +0.0000% | +0.0000% | -0.0221% |
| gateio | IBM_USDT | 256.16 | $262.7K | $471.9K | 0.0000% | +0.00% | +0.0000% | -0.0066% | +0.1192% |
| mexc | IBMSTOCK_USDT | 256.25 | $260.8K | $351.7K | 0.0000% | +0.00% | +0.0084% | +0.0572% | +0.2610% |
| extended_starknet | IBM-USD | 256.08 | $159.3K | $6.0K | 0.0000% | +0.00% | +0.0019% | +0.0227% | +0.2207% |
| gravitymarkets | IBM_USDT_Perp | 256.32 | $96.8K | $717.62 | 0.0000% | +0.00% | +0.0252% | +0.0690% | +0.3952% |
| txflow | IBM-USDC | 256.01 | $57.3K | $13.0K | 0.0013% | +10.95% | — | — | — |
| variational | IBM | 255.96 | $56.4K | $68.4K | 0.0000% | +0.00% | — | — | — |
| decibel | IBM-PERP | 255.97 | $49.0K | $2.0K | 0.0000% | +0.00% | +0.0352% | +0.0307% | +0.7350% |
| asterdex | IBMUSDT | 256.26 | $34.6K | $32.4K | 0.0000% | +0.00% | +0.0000% | +0.0000% | +0.0000% |
| ondo | IBM-USD.P | 255.83 | $20.2K | $1.8K | 0.0006% | +5.52% | +0.0151% | +0.1058% | +0.4536% |
| phoenix | IBM | 255.91 | $11.1K | $5.5K | 0.0006% | +5.37% | +0.0551% | +0.2607% | — |
| vest_exchange | IBM-USD-PERP | 255.91 | $6.9K | $4.5K | 0.0006% | +5.00% | +0.0131% | +0.0954% | +0.4105% |
Funding spread across venues
Across 20 venues the funding APR on IBM (International Business Machines Corp) runs from -5.48% on bingx to +10.95% on txflow. The gap between them is 16.43 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +0.7668% of position size on lighter.
Funding history over 30 days
Over the last 30 days we recorded 6350 funding settlements for IBM (International Business Machines Corp) across 18 venues. The rate was positive in 69% of them, meaning longs paid shorts that often. The average annualised rate over the window was +6.55%. Summed over the window, phoenix paid the most at +0.8398% of position size and bybit the least at -0.0946%.
Liquidity
Across the venues listed above IBM (International Business Machines Corp) shows $14.87M of 24h volume and $10.36M of open interest. The deepest venue by 24h volume is qfex at $4.01M.
Execution cost
The cheapest venue to open a $100k position in IBM (International Business Machines Corp), measured as the 24h median of the full cost including taker fee and slippage, is lighter at 11.45 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.
What the funding rate on IBM (International Business Machines Corp) means
A perpetual future on IBM (International Business Machines Corp) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle IBM (International Business Machines Corp) on different schedules: 1h, 8h.
Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a IBM (International Business Machines Corp) position earned or cost money.
Frequently asked questions
What is the funding rate on IBM (International Business Machines Corp) right now?
Across 20 venues the funding APR on IBM (International Business Machines Corp) runs from -5.48% on bingx to +10.95% on txflow. The gap between them is 16.43 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +0.7668% of position size on lighter.
Which venue has the most liquid IBM (International Business Machines Corp) perpetual?
Across the venues listed above IBM (International Business Machines Corp) shows $14.87M of 24h volume and $10.36M of open interest. The deepest venue by 24h volume is qfex at $4.01M.
How often is funding paid on IBM (International Business Machines Corp)?
Venues settle IBM (International Business Machines Corp) on different schedules: 1h, 8h.
Has funding on IBM (International Business Machines Corp) been paid consistently?
Over the last 30 days we recorded 6350 funding settlements for IBM (International Business Machines Corp) across 18 venues. The rate was positive in 69% of them, meaning longs paid shorts that often. The average annualised rate over the window was +6.55%. Summed over the window, phoenix paid the most at +0.8398% of position size and bybit the least at -0.0946%.
Data generated at 2026-10-30T18:26:16Z. Live numbers load on this page automatically.