IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: MEXC against BloFin+0.067%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$750.750% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.178%−$18 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.067%, 7d avg −0.003%

Together, before fees−0.219%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.070% dearer against BloFin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.003%): +$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 23 hours. At the pace of the last 7 days (−0.178% in total) that is about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IMX-USDT	0.1500	0.0340	pay 0.0170% / 4h	3h 31m	$187K	$124K	75x
Short	MEXC IMX_USDT	0.1501	0.0100	get 0.0050% / 4h	3h 31m	$2.6M	$577K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$50.4
Price spread: +0.067% → −0.003%: $6.96
Slippage, 4 orders: −$59.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$118.45
Costs to cover: 0.750%
Break-even: never at this rate

Slippage from BloFin: live order book, 59 min ago; MEXC: live order book, 1 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, 59 min ago	9.90 bp	24.3 bp −$24	58.8 bp −$588	345.8 bp −$34.6K	doesn't fit
Sell MEXC live order book, 1 min ago	3.33 bp	15.8 bp −$16	43.5 bp −$435	211.1 bp −$21.1K	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	−0.0402%	4h	0.1498	−0.117%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1501	+0.037%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+1.000%	$559	$28K	5.5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1501	+0.067%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1499	−0.067%	$3.8M	$2.1M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1501	+0.073%	$944K	$1.6M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1498	−0.133%	$642K	$79K	50x	as long as short
MEXC IMX_USDTshort	+0.0100%	4h	0.1501	+0.067%	$2.6M	$577K	125x
KuCoin IMXUSDTM	+0.0100%	4h	0.1499	−0.067%	$381K	$164K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1500	0.000%	$1.3M	$403K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX IMX-USDT	+0.0100%	4h	0.1501	+0.067%	—	$2.9M	—	as long as short
dYdX IMX-USD	+0.0240%	1h	0.1500	−0.027%	$26K	$3K	5x	as long as short
Hyperliquid IMX	+0.0303%	1h	0.1505	+0.307%	$3.5M	$293K	5x	as long as short
BloFin IMX-USDTlong	+0.0340%	4h	0.1500	long leg	$187K	$124K	75x
Kraken Futures PF_IMXUSD	+0.1644%	1h	0.1505	+0.354%	$114K	$10K	20x	as long as short