IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0181%/8h= −19.9% APRnext payment −$0.23 per $10,000 · paid last 24h −0.032%

Price spread now: gTrade (Gains Network) against Hyperliquid−0.264%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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 −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.264% cheaper against Hyperliquid than usual: you would sell low and buy high (−$26 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	0.1525	0.0177	pay 0.0022% / 1h	18m 15s	$3.5M	$279K	5x
Short	gTrade (Gains Network) IMX/USD	0.1521	L +0.0001% / S +0.0004%	pay 0.0001% / 1h	18m 15s	$2K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.264%Rate

Funding earned: −$38.09
Price spread: −0.264% → 0.000%: −$26.36
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$83.45
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 3 min ago; gTrade (Gains Network): 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, 3 min ago	3.28 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0569%	4h	0.1520	−0.353%	$95K	$131K	—	as long as short
dYdX IMX-USD	0.0000%	1h	0.1524	−0.092%	$27K	$2K	5x	as long as short
gTrade (Gains Network) IMX/USDshort	L +0.0001% / S +0.0004%	1h	0.1521	−0.264%	$2K	—	150x
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	−0.662%	$559	$28K	5.5x	as long as short
OKX IMX-USDT-SWAP	+0.0078%	4h	0.1519	−0.374%	$952K	$1.6M	20x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1520	−0.358%	$3.7M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1518	−0.452%	$3.8M	$2.2M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1520	−0.334%	$651K	$82K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1520	−0.334%	$2.6M	$585K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1520	−0.334%	$378K	$159K	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	0.1521	−0.269%	$1.3M	$400K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1522	−0.203%	—	$2.9M	—	as long as short
Hyperliquid IMXlong	+0.0177%	1h	0.1525	long leg	$3.5M	$279K	5x
BloFin IMX-USDT	+0.0340%	4h	0.1522	−0.203%	$190K	$125K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.0710%	1h	0.1523	−0.118%	$116K	$10K	20x	as long as short