Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against BloFin0.000%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2332.329% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now 0.000%, 7d avg −0.065%
=The price spread pays, funding is against you. Gate is 0.065% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.065%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.143% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IMX-USDT | 0.1520 | 0.0340 | pay 0.0170% / 4h | 1h 16m | $190K | $125K | 75x |
| Short | Gate IMX_USDT | 0.1520 | 0.0100 | get 0.0050% / 4h | 1h 16m | $651K | $82K | 50x |
BloFin IMX-USDT
Gate IMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: 0.000% → −0.065%
- $6.54
- Slippage, 4 orders
- −$205.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$276.73
- Costs to cover
- 2.329%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 19 min ago; Gate: live order book, 45 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 BloFin live order book, 19 min ago | 9.92 bp | 24.2 bp −$24 | 58.7 bp −$587 | 353.2 bp −$35.3K | doesn't fit |
| Sell Gate live order book, 45 min ago | 6.61 bp | 96.7 bp −$97 | 218.2 bp −$2,182 | 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 | −0.0569% | 4h | 0.1520 | −0.018% | $95K | $131K | — | as long as short |
| dYdX IMX-USD | 0.0000% | 1h | 0.1524 | +0.243% | $27K | $2K | 5x | as long as short |
| gTrade (Gains Network) IMX/USD | L +0.0001% / S +0.0004% | 1h | 0.1523 | +0.172% | $2K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | −0.329% | $559 | $28K | 5.5x | as long as short |
| OKX IMX-USDT-SWAP | +0.0075% | 4h | 0.1521 | +0.046% | $953K | $1.6M | 20x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1521 | +0.066% | $3.7M | $5.7M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1519 | −0.099% | $3.9M | $2.2M | 75x | as long as short |
| Gate IMX_USDTshort | +0.0100% | 4h | 0.1520 | 0.000% | $651K | $82K | 50x | |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1521 | +0.066% | $2.7M | $585K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1520 | 0.000% | $378K | $159K | 50x | as long as short |
Variational Omni IMX
dYdX IMX-USD
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
OKX IMX-USDT-SWAP
Binance IMXUSDT
Bybit IMXUSDT
MEXC IMX_USDT
KuCoin IMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IMXUSDT | +0.0100% | 4h | 0.1522 | +0.132% | $1.3M | $400K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1521 | +0.066% | — | $2.9M | — | as long as short |
| Hyperliquid IMX | +0.0161% | 1h | 0.1525 | +0.322% | $3.5M | $279K | 5x | as long as short |
| BloFin IMX-USDTlong | +0.0340% | 4h | 0.1520 | long leg | $190K | $125K | 75x | |
| Kraken Futures PF_IMXUSD | +0.0710% | 1h | 0.1524 | +0.236% | $116K | $10K | 20x | as long as short |
Bitget IMXUSDT
BingX IMX-USDT
Hyperliquid IMX
Kraken Futures PF_IMXUSD