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IBM perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-05 05:40 UTC

IBM is quoted on 6 contracts. The highest funding rate is on Lighter at +3.50% annualised, quoted per 8h, and the lowest is on OKX at 0.00% — a gap of 3.50 points. Every contract here quotes its rate per 8h.

Highest rate now
+3.50%
Lighter · 8h
Lowest rate now
0.00%
OKX · 8h
Spread
3.50
points

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
LighterOn-chainIBM +0.0032%8h +3.50% —
no history yet
10x 7.4M
AsterOn-chainIBMUSDT 0.0000%8h 0.00% —
no history yet
20x 455
BitgetCentralisedIBMUSDT 0.0000%8h 0.00% —
no history yet
20x 288.4K
BybitCentralisedIBMUSDT 0.0000%8h 0.00% —
no history yet
50x 321.9K
GateCentralisedIBM_USDT 0.0000%8h 0.00% —
no history yet
50x 448.6K
OKXCentralisedIBM-USDT-SWAP 0.0000%8h 0.00% —
no history yet
20x 130.1K

Common questions

Which exchanges list IBM perpetual futures?

IBM trades as 6 perpetual contracts across 6 venues: Aster, Bitget, Bybit, Gate, Lighter and OKX. The busiest is Lighter, with $7.4M of 24h turnover — 86% of the total.

Where is IBM funding cheapest right now?

For a long, the most favourable collected rate is 0.00% annualised on OKX; for a short, it is +3.50% on Lighter — a gap of 3.50 points.

How much funding does a 10,000 USDT IBM position pay per day?

At current rates a 10,000 USDT long pays about +0.96 USDT a day on Lighter and 0.00 USDT on OKX.

How often does IBM funding settle?

It depends on the venue: Lighter every 1h; Aster, Bitget, Bybit, Gate and OKX every 8h.

What is the highest leverage available on IBM?

The highest collected cap is 50x, on Bybit and Gate. On Bybit it applies up to 10K USDT of notional; above that the cap drops to 25x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

IBM comparison scope and payment direction

This page retains low-turnover IBM contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Lighter · IBM No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 6.0000% 10.00x —

Aster · IBMUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Bitget · IBMUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 12.0000% 5.00x —
5 5000000 – 10000000 quote 15.0000% 4.00x —
6 10000000 – 25000000 quote 20.0000% 3.00x —
7 25000000 – 50000000 quote 30.0000% 2.00x —
8 50000000 – ∞ quote 50.0000% 1.00x —

Bybit · IBMUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.2500% 50.00x —
2 10000 – 50000 quote 2.0000% 25.00x 75
3 50000 – 60000 quote 2.0800% 24.00x 115
4 60000 – 75000 quote 2.1700% 23.00x 169
5 75000 – 97500 quote 2.2700% 22.00x 244
6 97500 – 105000 quote 2.3800% 21.00x 351.25
7 105000 – 112500 quote 2.5000% 20.00x 477.25
8 112500 – 150000 quote 2.6300% 19.00x 623.5
9 150000 – 225000 quote 2.7800% 18.00x 848.5
10 225000 – 300000 quote 2.9400% 17.00x 1208.5
11 300000 – 375000 quote 3.1300% 16.00x 1778.5
12 375000 – 450000 quote 3.3300% 15.00x 2528.5
13 450000 – 675000 quote 3.5700% 14.00x 3608.5
14 675000 – 900000 quote 3.8500% 13.00x 5498.5
15 900000 – 1200000 quote 4.1700% 12.00x 8378.5
16 1200000 – 1500000 quote 4.5500% 11.00x 12938.5
17 1500000 – 2500000 quote 5.0000% 10.00x 19688.5
18 2500000 – 3000000 quote 5.5600% 9.00x 33688.5
19 3000000 – 3500000 quote 6.2500% 8.00x 54388.5
20 3500000 – 4000000 quote 7.1400% 7.00x 85538.5
21 4000000 – 4500000 quote 8.3300% 6.00x 133138.5
22 4500000 – 5000000 quote 10.0000% 5.00x 208288.5
23 5000000 – 8750000 quote 11.1100% 4.50x 263788.5
24 8750000 – 12500000 quote 12.5000% 4.00x 385413.5
25 12500000 – 15625000 quote 14.2900% 3.50x 609163.5
26 15625000 – 18750000 quote 16.6700% 3.00x 981038.5
27 18750000 – 25000000 quote 20.0000% 2.50x 1605413.5
28 25000000 – 50000000 quote 25.0000% 2.00x 2855413.5
29 50000000 – 65000000 quote 33.3300% 1.50x 7020413.5
30 65000000 – ∞ quote 50.0000% 1.00x 17855913.5

Gate · IBM_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 10000 quote 1.5000% 40.00x 25
3 10000 – 20000 quote 2.5000% 25.00x 125
4 20000 – 50000 quote 3.5000% 20.00x 325
5 50000 – 100000 quote 4.5000% 16.00x 825
6 100000 – 150000 quote 6.5000% 12.00x 2825
7 150000 – 200000 quote 8.0000% 10.00x 5075
8 200000 – 500000 quote 10.0000% 8.00x 9075
9 500000 – 700000 quote 12.0000% 6.60x 19075
10 700000 – 1000000 quote 15.0000% 5.00x 40075
11 1000000 – 1500000 quote 20.0000% 4.00x 90075
12 1500000 – 2000000 quote 28.0000% 3.00x 210075
13 2000000 – 2500000 quote 35.0000% 2.50x 350075
14 2500000 – 3000000 quote 45.0000% 2.00x 600075
15 3000000 – 4000000 quote 60.0000% 1.50x 1050075
16 4000000 – 5000000 quote 78.0000% 1.20x 1770075
17 5000000 – ∞ quote 90.0000% 1.05x 2370075

OKX · IBM-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 45 base 2.0000% 20.00x —
2 45.01 – 90 base 3.0000% 15.00x —
3 90.01 – 135 base 4.0000% 12.50x —
4 135.01 – 180 base 4.5000% 11.76x —
5 180.01 – 225 base 5.0000% 11.11x —
6 225.01 – 270 base 5.5000% 10.52x —
7 270.01 – 315 base 6.0000% 10.00x —
8 315.01 – 360 base 6.5000% 9.52x —
9 360.01 – 405 base 7.0000% 9.09x —
10 405.01 – 450 base 7.5000% 8.69x —
11 450.01 – 495 base 8.0000% 8.33x —
12 495.01 – 540 base 8.5000% 8.00x —
13 540.01 – 585 base 9.0000% 7.69x —
14 585.01 – 630 base 9.5000% 7.40x —
15 630.01 – 675 base 10.0000% 7.14x —
16 675.01 – 720 base 10.5000% 6.89x —
17 720.01 – 765 base 11.0000% 6.66x —
18 765.01 – 810 base 11.5000% 6.45x —
19 810.01 – 855 base 12.0000% 6.25x —
20 855.01 – 900 base 12.5000% 6.06x —
21 900.01 – 945 base 13.0000% 5.88x —
22 945.01 – 990 base 13.5000% 5.71x —
23 990.01 – 1035 base 14.0000% 5.55x —
24 1035.01 – 1080 base 14.5000% 5.40x —
25 1080.01 – 1125 base 15.0000% 5.26x —
26 1125.01 – 1170 base 15.5000% 5.12x —
27 1170.01 – 1215 base 16.0000% 5.00x —
28 1215.01 – 1260 base 16.5000% 4.87x —
29 1260.01 – 1305 base 17.0000% 4.76x —
30 1305.01 – 1350 base 17.5000% 4.65x —
31 1350.01 – 1395 base 18.0000% 4.54x —
32 1395.01 – 1440 base 18.5000% 4.44x —
33 1440.01 – 1485 base 19.0000% 4.34x —
34 1485.01 – 1530 base 19.5000% 4.25x —
35 1530.01 – 1575 base 20.0000% 4.16x —
36 1575.01 – 1620 base 20.5000% 4.08x —
37 1620.01 – 1665 base 21.0000% 4.00x —
38 1665.01 – 1710 base 21.5000% 3.92x —
39 1710.01 – 1755 base 22.0000% 3.84x —
40 1755.01 – 1800 base 22.5000% 3.77x —
41 1800.01 – 1845 base 23.0000% 3.70x —
42 1845.01 – 1890 base 23.5000% 3.63x —
43 1890.01 – 1935 base 24.0000% 3.57x —
44 1935.01 – 1980 base 24.5000% 3.50x —
45 1980.01 – 2025 base 25.0000% 3.44x —
46 2025.01 – 2070 base 25.5000% 3.38x —
47 2070.01 – 2115 base 26.0000% 3.33x —
48 2115.01 – 2160 base 26.5000% 3.27x —
49 2160.01 – 2205 base 27.0000% 3.22x —
50 2205.01 – 2250 base 27.5000% 3.17x —
51 2250.01 – 2295 base 28.0000% 3.12x —
52 2295.01 – 2340 base 28.5000% 3.07x —
53 2340.01 – 2385 base 29.0000% 3.03x —
54 2385.01 – 2430 base 29.5000% 2.98x —
55 2430.01 – 2475 base 30.0000% 2.94x —
56 2475.01 – 2520 base 30.5000% 2.89x —
57 2520.01 – 2565 base 31.0000% 2.85x —
58 2565.01 – 2610 base 31.5000% 2.81x —
59 2610.01 – 2655 base 32.0000% 2.77x —
60 2655.01 – 2700 base 32.5000% 2.73x —
61 2700.01 – 2745 base 33.0000% 2.70x —
62 2745.01 – 2790 base 33.5000% 2.66x —
63 2790.01 – 2835 base 34.0000% 2.63x —
64 2835.01 – 2880 base 34.5000% 2.59x —
65 2880.01 – 2925 base 35.0000% 2.56x —
66 2925.01 – 2970 base 35.5000% 2.53x —
67 2970.01 – 3015 base 36.0000% 2.50x —
68 3015.01 – 3060 base 36.5000% 2.46x —
69 3060.01 – 3105 base 37.0000% 2.43x —
70 3105.01 – 3150 base 37.5000% 2.40x —
71 3150.01 – 3195 base 38.0000% 2.38x —
72 3195.01 – 3240 base 38.5000% 2.35x —
73 3240.01 – 3285 base 39.0000% 2.32x —
74 3285.01 – 3330 base 39.5000% 2.29x —
75 3330.01 – 3375 base 40.0000% 2.27x —
76 3375.01 – 3420 base 40.5000% 2.24x —
77 3420.01 – 3465 base 41.0000% 2.22x —
78 3465.01 – 3510 base 41.5000% 2.19x —
79 3510.01 – 3555 base 42.0000% 2.17x —
80 3555.01 – 3600 base 42.5000% 2.15x —
81 3600.01 – 3645 base 43.0000% 2.12x —
82 3645.01 – 3690 base 43.5000% 2.10x —
83 3690.01 – 3735 base 44.0000% 2.08x —
84 3735.01 – 3780 base 44.5000% 2.06x —
85 3780.01 – 3825 base 45.0000% 2.04x —
86 3825.01 – 3870 base 45.5000% 2.02x —
87 3870.01 – 3915 base 46.0000% 2.00x —