What is the International Business Machines (IBM) funding rate?

A periodic payment between long and short holders of International Business Machines (IBM) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0019% to 0.0100% per 8 hours across 15 exchanges.

How often is International Business Machines (IBM) funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the International Business Machines (IBM) funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.

International Business Machines (IBM) Funding Rate

International Business Machines (IBM) perpetual funding on 15 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated 03:50 UTC · How we count

International Business Machines (IBM) funding rate on every exchange

Exchange	Rate per 8 h	Per period	Predicted	By premium	Annual	1 day · 7 days · 30 days			Next payment	24h volume
WEEX8 hbest long	−0.0019%	−0.0019%	—	+0.0100%	−2.1%	−0.0020%	+0.118%	+0.176%	08:00 UTC	$168.6K
Binance8 h	0.0000%	0.0000%	—	+0.0100%	0.0%	0.0000%	+0.143%	+0.297%	08:00 UTC	—
OKX8 h	0.0000%	0.0000%	—	—	0.0%	0.0000%	0.0000%	−0.0221%	08:00 UTC	$272.4K
XT8 h	0.0000%	0.0000%	—	+0.0074%	0.0%	0.0000%	+0.170%	+0.361%	08:00 UTC	$859.2K
HTX8 h	0.0000%	0.0000%	—	—	0.0%	0.0000%	0.0000%	0.0000%	08:00 UTC	$53.9K
BTSE8 h	0.0000%	0.0000%	—	—	0.0%	0.0000%	0.0000%	0.0000%	08:00 UTC	$119.3K
Gate8 h	0.0000%	0.0000%	—	+0.0018%	0.0%	−0.0068%	−0.0068%	+0.205%	08:00 UTC	$155.3K
LBank8 h	0.0000%	0.0000%	—	+0.0100%	0.0%	0.0000%	+0.142%	+0.218%	08:00 UTC	—
Extended1 h	0.0000%	0.0000%	—	+0.0013%	0.0%	0.0000%	+0.0512%	+0.278%	04:00 UTC	—
KuCoin8 h	0.0000%	0.0000%	—	—	0.0%	0.0000%	0.0000%	+0.0746%	08:00 UTC	$489.8K
Bybit8 h	0.0000%	0.0000%	—	+0.0100%	0.0%	−0.0032%	−0.0236%	−0.0812%	08:00 UTC	$122K
Bitget8 h	0.0000%	0.0000%	—	+0.0100%	0.0%	0.0000%	0.0000%	+0.0723%	08:00 UTC	$366.4K
Lighter1 h	+0.0032%	+0.0004%	—	—	3.5%	+0.0064%	+0.110%	+0.792%	04:00 UTC	$305.7K
WhiteBIT8 h	+0.0100%	+0.0100%	—	+0.0100%	11.0%	+0.0300%	+0.0298%	−0.816%	08:00 UTC	$188.1K
Deepcoin8 hbest short	+0.0100%	+0.0100%	—	—	11.0%	+0.0228%	+0.304%	+0.901%	08:00 UTC	$1.2M

What International Business Machines (IBM) funding actually paid

Over 7 days, a International Business Machines (IBM) long paid +0.0692% on average across exchanges (3.6% a year). The most on Deepcoin (+0.304%), the least on Bybit (−0.0236%).

Over 30 days, a International Business Machines (IBM) long paid +0.164% on average across exchanges (2.1% a year). The most on Deepcoin (+0.901%), the least on WhiteBIT (−0.816%).

International Business Machines (IBM) funding rate history chart

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International Business Machines (IBM) funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on WEEX (−0.0019% per 8 h), the highest on Deepcoin (+0.0100%). Long on WEEX and short on Deepcoin, price hedged: a difference of 13.0% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

International Business Machines (IBM) perpetual futures by exchange

DeepcoinIBM/USDT:USDT$252.8150$1.2M

XTIBM/USDT:USDT$252.6950$859.2K

KuCoinIBM/USDT:USDT$252.6050$489.8K

BitgetIBM/USDT:USDT$252.8550$366.4K

LighterIBM/USDC:USDC$252.2900$305.7K

OKXIBM/USDT:USDT$252.6950$272.4K

WhiteBITIBM/USDT:USDT$252.7600$188.1K

WEEXIBM/USDT:USDT$252.8100$168.6K

GateIBM/USDT:USDT$252.8750$155.3K

BybitIBM/USDT:USDT$252.6450$122K

BTSEIBM/USDT:USDT$252.6000$119.3K

HTXIBM/USDT:USDT$252.4350$53.9K

BinanceIBM/USDT:USDT$252.8150—

LBankIBM/USDT:USDT—

ExtendedIBM/USDC:USDC$252.6200—

International Business Machines (IBM) page: spot, routes, networks

FAQ

What is the International Business Machines (IBM) funding rate?: A periodic payment between long and short holders of International Business Machines (IBM) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0019% to 0.0100% per 8 hours across 15 exchanges.
How often is International Business Machines (IBM) funding paid?: Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
Why is the International Business Machines (IBM) funding rate different on each exchange?: Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
Does a high APR mean high profit?: No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.