IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against BingX+0.106%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1081.077% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.064%−$6 · spread now +0.106%, 7d avg +0.011%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.096% dearer against BingX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.011%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX IMX-USDT	0.1503	0.0100	pay 0.0050% / 4h	3m 29s	—	$2.9M	—
Short	OKX IMX-USDT-SWAP	0.1505	0.0086	get 0.0043% / 4h	3m 29s	$944K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee OKXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$2.85
Price spread: +0.106% → +0.011%: $9.59
Slippage, 4 orders: −$87.74
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$101
Costs to cover: 1.077%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 6 min ago	6.63 bp	26.4 bp −$26	55.4 bp −$554	434.2 bp −$43.4K	957.5 bp −$478.8K
Sell OKX live order book, 3 min ago	1.00 bp	28.5 bp −$28	doesn't fit	doesn't fit	doesn't fit

IMX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IMX	−0.0632%	4h	0.1502	−0.084%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1506	+0.172%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.798%	$559	$28K	5.5x	as long as short
dYdX IMX-USD	+0.0073%	1h	0.1505	+0.133%	$26K	$3K	5x	as long as short
OKX IMX-USDT-SWAPshort	+0.0086%	4h	0.1505	+0.106%	$944K	$1.6M	20x
Binance IMXUSDT	+0.0100%	4h	0.1505	+0.106%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1503	0.000%	$3.8M	$2.1M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1500	−0.200%	$643K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1505	+0.133%	$2.6M	$580K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1503	0.000%	$377K	$161K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget IMXUSDT	+0.0100%	4h	0.1505	+0.133%	$1.3M	$404K	75x	as long as short
BingX IMX-USDTlong	+0.0100%	4h	0.1503	long leg	—	$2.9M	—
Hyperliquid IMX	+0.0134%	1h	0.1510	+0.452%	$3.5M	$288K	5x	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1504	+0.067%	$187K	$124K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.1079%	1h	0.1509	+0.400%	$115K	$10K	20x	as long as short