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

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0776%/8h= −85.0% APRnext payment $3.88 per $10,000 · paid last 24h −0.112%
Price spread now: Variational Omni against BloFin−0.051%56s7-day average −0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.271%−$27 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.051%, 7d avg −0.126%
Together, before fees−0.272%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.075% dearer against BloFin than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.126%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 4 days (−0.271% in total) that is about 24 hours. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.271% in total (about -28.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IMX-USDT0.14970.0340pay 0.0170% / 4h3h 32m$187K$124K75x
ShortVariational Omni IMX0.1496−0.0436pay 0.0218% / 4h3h 32m$94K$131K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$163.05
Price spread: −0.051% → −0.126%
$7.54
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$167.51
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 58 min ago; Variational Omni: RFQ quote, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 58 min ago9.90 bp24.3 bp −$2458.8 bp −$588345.8 bp −$34.6Kdoesn't fit
Sell Variational Omni RFQ quote, 22 min ago9.98 bpdoesn't fit83.2 bp −$832doesn'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
Variational Omni IMXshort−0.0436%4h0.1496−0.051%$94K$131K
gTrade (Gains Network) IMX/USDL +0.0001% / S +0.0004%1h0.1499+0.106%$2K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+1.202%$559$28K5.5xas long as short
Binance IMXUSDT+0.0100%4h0.1497+0.014%$3.6M$5.7M75xas long as short
Bybit IMXUSDT+0.0100%4h0.14970.000%$3.8M$2.1M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1497+0.013%$941K$1.6M20xas long as short
Gate IMX_USDT+0.0100%4h0.1496−0.067%$641K$79K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1498+0.067%$2.6M$577K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1498+0.067%$380K$164K50xas long as short
Bitget IMXUSDT+0.0100%4h0.1498+0.067%$1.3M$403K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IMX-USDT+0.0100%4h0.14970.000%$2.9Mas long as short
dYdX IMX-USD+0.0210%1h0.1500+0.174%$26K$3K5xas long as short
Hyperliquid IMX+0.0283%1h0.1500+0.234%$3.4M$293K5xas long as short
BloFin IMX-USDTlong+0.0340%4h0.1497long leg$187K$124K75x
Kraken Futures PF_IMXUSD+0.1648%1h0.1501+0.289%$114K$10K20xas long as short