IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.035%

Price spread now: dYdX against Hyperliquid−0.220%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.220% cheaper against Hyperliquid than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid IMX	0.1503	0.0287	pay 0.0036% / 1h	33m 08s	$3.5M	$293K	5x
Short	dYdX IMX-USD	0.1500	0.0190	get 0.0024% / 1h	33m 08s	$26K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee dYdXbpOrdersPrice spread, now −0.220%Rate

Funding earned: −$20.55
Price spread: −0.220% → 0.000%: −$21.96
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$61.5
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 8 min ago; dYdX: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 8 min ago	1.00 bp	20.1 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0436%	4h	0.1496	−0.443%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1500	−0.187%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.805%	$559	$28K	5.5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1499	−0.259%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1497	−0.426%	$3.8M	$2.1M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1499	−0.266%	$942K	$1.6M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1498	−0.326%	$642K	$79K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1500	−0.193%	$2.6M	$577K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1498	−0.326%	$381K	$164K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1499	−0.259%	$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	0.1500	−0.193%	—	$2.9M	—	as long as short
dYdX IMX-USDshort	+0.0190%	1h	0.1500	−0.220%	$26K	$3K	5x
Hyperliquid IMXlong	+0.0287%	1h	0.1503	long leg	$3.5M	$293K	5x
BloFin IMX-USDT	+0.0340%	4h	0.1497	−0.393%	$187K	$124K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.1647%	1h	0.1502	−0.036%	$114K	$10K	20x	as long as short