Settings8H · net · $10k
Funding arb · Price arb /

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Bitget+0.240%7-day average +0.232% · 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−$109as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.240%, 7d avg +0.232%
Together, before fees−0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IMXUSDT0.15000.0100pay 0.0050% / 4h1h 44m$1.3M$415K75x
ShortHyperliquid IMX0.15040.0100get 0.0013% / 1h44m 25s$3.4M$281K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.240% → +0.232%
$0.84
Slippage, 4 orders
−$88.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$108.93
Costs to cover
1.098%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago3.33 bp24.4 bp −$2478.3 bp −$783doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.33 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit

IMX on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) IMX/USDL −0.0002% / S +0.0004%1h0.1501+0.049%$6K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+1.000%$559$28K5.5xas long as short
Kraken Futures PF_IMXUSD+0.0040%1h0.1504+0.288%$114K$22K20xas long as short
Hyperliquid IMXshort+0.0100%1h0.1504+0.240%$3.4M$281K5x
Binance IMXUSDT+0.0100%4h0.1499−0.061%$3.7M$5.9M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1498−0.133%$3.8M$2.2M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1499−0.067%$943K$1.7M20xas long as short
Gate IMX_USDT+0.0100%4h0.1499−0.067%$647K$140K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1502+0.133%$2.6M$550K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1502+0.133%$391K$121K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IMXUSDTlong+0.0100%4h0.1500long leg$1.3M$415K75x
BingX IMX-USDT+0.0100%4h0.15000.000%$2.9Mas long as short
Variational Omni IMX+0.0100%4h0.1496−0.243%$94K$131Kas long as short
BloFin IMX-USDT+0.0340%4h0.1498−0.133%$192K$146K75xas long as short
dYdX IMX-USD+0.4757%1h0.1501+0.056%$26K$595xas long as short