Doesn't Vibe have like minimum experience? I haven't read his mini, but in JLA he hasn't really shown much. His vibration attacks apparently work well against machines, but he nearly got taken down by a flying piece of tree because he wasn't paying attention, and his aiming skills were bad enough, he hit his own teammates.
Static on the other hand, has shown much more impressive combat skills. He was quick enough to deflect incoming arrows with a bo staff (he wasn't using his powers), and his electromagnetism is a lot more versatile - allowing him to shoot bolts and create 'constructs'. His disc also grants him a flight advantage, and New 52 Static is apparently pretty smart - he's shown a good understanding of his own powers, utilizing them in inventive ways to defeat enemies. He juiced the molecular bonds of a villain's electrons - turning off the villain's ability to phase. He could come up with a E.M. field to 'ionize gases in the air' and create a 'plasma cable' to trap a villain. His electromagnetism is also strong enough to support the weight of a helicopter. Even prep would favor Static, since he's - in his words - 'wicked smart'.
He was able to stop kid flash with his shock waves, so they must be pretty damn powerful.
I can't comment on that unless I can read the panel in context, but it don't see how that means his shock waves are powerful. If he stopped Superman with his shock waves - that would be impressive. But Kid Flash?
Static, he's more versatile, especially in a city surrounded by a lot of metal. And he has the tactical advantage of range and positioning. He can stay at a distance and shock him or magnetize the metal to attack or constrain vibe. No to mention Static has more experience.
Vibe has little to no chance of winning this fight under these conditions.
Static Shock wins this easily, he is a more established character and Vibes powers are only very effective against people from other dimensions or in Kid Flashs case it cut him off from the extra-dimensional speed force for a fraction of a second.