IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Bybit+0.067%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1111.110% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.067%, 7d avg +0.084%

Together, before fees+0.246%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% 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	Bybit IMXUSDT	0.1501	0.0100	pay 0.0050% / 4h	3h 39m	$3.8M	$2.2M	75x
Short	BloFin IMX-USDT	0.1502	0.0340	get 0.0170% / 4h	3h 39m	$183K	$137K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $50.4
Price spread: +0.067% → +0.084%: −$1.73
Slippage, 4 orders: −$87.96
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$62.3
Costs to cover: 1.110%
Break-even: 15.7 days

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 26 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 Bybit live order book, 3 min ago	3.33 bp	40.6 bp −$41	88.1 bp −$881	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	10.01 bp	20.9 bp −$21	51.1 bp −$511	292.3 bp −$29.2K	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	0.1502	+0.043%	$6K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.933%	$559	$28K	5.5x	as long as short
Variational Omni IMX	+0.0035%	4h	0.1498	−0.183%	$94K	$131K	—	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1503	+0.127%	$3.4M	$331K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1500	−0.067%	$3.6M	$5.9M	75x	as long as short
Bybit IMXUSDTlong	+0.0100%	4h	0.1501	long leg	$3.8M	$2.2M	75x
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1500	−0.073%	$936K	$1.5M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1501	0.000%	$641K	$72K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1500	−0.067%	$2.4M	$593K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1500	−0.067%	$354K	$183K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget IMXUSDT	+0.0100%	4h	0.1502	+0.067%	$1.3M	$385K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1500	−0.067%	—	$2.8M	—	as long as short
BloFin IMX-USDTshort	+0.0340%	4h	0.1502	+0.067%	$183K	$137K	75x
dYdX IMX-USD	+0.0480%	1h	0.1504	+0.183%	$26K	$11K	5x	as long as short
Kraken Futures PF_IMXUSD	+0.3382%	1h	0.1506	+0.312%	$114K	$8K	20x	as long as short