Trade IBM (IBM) Perpetuals

Go long or short on IBM 24/7 with leverage — no shares, no market hours. Below are the live IBM perp price, funding rate and the best platforms to trade it.

Trade IBM on Perpmate
Mark Price
$221.81
Funding APR
+19.2%
Max Leverage
10x
24h Volume
$2.0M

Live data from Hyperliquid, updated hourly. Funding is currently positive — longs are paying shorts to hold IBM.

Where to trade IBM perps

PlatformFeesMax LeverageTrade
PerpmatePopularLow maker/taker feesUp to 50xTrade →
HyperliquidLow maker/taker feesUp to 20x (equities)Trade →
LighterZero fees for retailUp to 20xTrade →
OstiumHas trading feesUp to 200xTrade →
AvantisLow feesUp to 50x+Trade →

See all 12 platforms compared →

How IBM perpetuals work

A IBM perpetual tracks the live price of IBM without ever expiring. Instead of buying shares through a broker during market hours, you open a leveraged position on-chain that settles in stablecoins — so you can trade IBM nights, weekends and holidays.

A small funding rate is exchanged between longs and shorts to keep the IBM perp price tethered to the real IBMshare price. When funding is positive, longs pay shorts; when it's negative, shorts pay longs. Right now IBM funding is +19.2% APR.

IBM perps FAQ

What is a IBM perpetual?+

A IBM perpetual (or "IBM perp") is a futures contract that tracks the price of IBM with no expiry date. You can go long or short with leverage, 24/7, without owning the actual IBM shares. A periodic funding payment keeps the perp price anchored to the underlying IBM price.

Can I short IBM with perps?+

Yes. Perps let you short IBM as easily as going long — no share borrow, no locate fees. Open a short position on a platform like Perpmate to profit if IBM falls.

Where is the best place to trade IBM perps?+

Perpmate is our top-rated venue for IBM perps — low maker/taker fees, up to 50x leverage and 24/7 access with no KYC. See the full platform comparison below.

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