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

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: BingX against Hyperliquid−0.265%7-day average −0.269% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1261.264% 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+0.009%+$1 · spread now −0.265%, 7d avg −0.269%
Together, before fees+0.008%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IMX0.15100.0100pay 0.0013% / 1h37m 38s$3.5M$292K5x
ShortBingX IMX-USDT0.15060.0100get 0.0050% / 4h37m 38s$2.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: −0.265% → −0.269%
$0.41
Slippage, 4 orders
−$107.42
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126
Costs to cover
1.264%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BingX: live order book, 12 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 Hyperliquid live order book, 4 min ago2.64 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago9.94 bp24.4 bp −$2457.2 bp −$572383.6 bp −$38.4K1022.9 bp −$511.5K

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%1h0.1508−0.149%$6K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+0.331%$559$28K5.5xas long as short
Hyperliquid IMXlong+0.0100%1h0.1510long leg$3.5M$292K5x
Binance IMXUSDT+0.0100%4h0.1505−0.326%$3.7M$5.9M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1505−0.344%$3.8M$2.2M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1505−0.358%$955K$1.7M20xas long as short
Gate IMX_USDT+0.0100%4h0.1506−0.265%$650K$141K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1505−0.331%$2.8M$567K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1507−0.199%$396K$128K50xas long as short
Bitget IMXUSDT+0.0100%4h0.1506−0.265%$1.3M$411K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IMX-USDTshort+0.0100%4h0.1506−0.265%$2.9M
Variational Omni IMX+0.0100%4h0.1505−0.310%$94K$131Kas long as short
BloFin IMX-USDT+0.0340%4h0.1509−0.066%$192K$143K75xas long as short
dYdX IMX-USD+0.0349%1h0.1509−0.060%$26K$665xas long as short
Kraken Futures PF_IMXUSD+0.1336%1h0.1513+0.181%$115K$11K20xas long as short