Funding arb · Price arb /

IMX

all IMX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget0.000%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1051.046% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days−0.040%−$4 · spread now 0.000%, 7d avg −0.032%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IMXUSDT	0.1505	0.0100	pay 0.0050% / 4h	1h 56m	$1.3M	$415K	75x
Short	Binance IMXUSDT	0.1505	0.0100	get 0.0050% / 4h	1h 56m	$3.7M	$5.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.032%: $3.22
Slippage, 4 orders: −$82.62
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$101.4
Costs to cover: 1.046%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 12 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 Bitget live order book, 5 min ago	6.65 bp	19.0 bp −$19	80.7 bp −$807	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	6.65 bp	26.8 bp −$27	75.8 bp −$758	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
gTrade (Gains Network) IMX/USD	L −0.0002% / S +0.0004%	1h	0.1506	+0.091%	$6K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.664%	$559	$28K	5.5x	as long as short
Kraken Futures PF_IMXUSD	+0.0040%	1h	0.1510	+0.358%	$115K	$22K	20x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1509	+0.279%	$3.5M	$279K	5x	as long as short
Binance IMXUSDTshort	+0.0100%	4h	0.1505	0.000%	$3.7M	$5.9M	75x
Bybit IMXUSDT	+0.0100%	4h	0.1505	0.000%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1505	+0.033%	$946K	$1.7M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1501	−0.266%	$648K	$140K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1504	−0.066%	$2.6M	$549K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1506	+0.066%	$394K	$122K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget IMXUSDTlong	+0.0100%	4h	0.1505	long leg	$1.3M	$415K	75x
BingX IMX-USDT	+0.0100%	4h	0.1504	−0.066%	—	$2.9M	—	as long as short
Variational Omni IMX	+0.0100%	4h	0.1500	−0.337%	$94K	$131K	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1501	−0.266%	$193K	$146K	75x	as long as short
dYdX IMX-USD	+0.3390%	1h	0.1506	+0.063%	$26K	$59	5x	as long as short