Funding you earn now, next payment 11:00 UTC+0.1542%/8h= +168.9% APRnext payment +$1.93 per $10,000 · paid last 24h +0.416%
Price spread now: Kraken Futures against Hyperliquid+0.024%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs+$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2172.167% of the position
Funding, last 7 days+2.723%+$272 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.024%, 7d avg +0.008%
=Together, before fees+2.748%+ Points / potential airdropHyperliquid: Season 2 · farm board+$275 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$46 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IMX | 0.1486 | 0.0421 | pay 0.0053% / 1h | 31m 49s | $3.4M | $235K | 5x |
| Short | Kraken Futures PF_IMXUSD | 0.1486 | 0.1963 | get 0.0245% / 1h | 31m 49s | $113K | $4K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $323.83
- Price spread: +0.024% → +0.008%
- $1.64
- Slippage, 4 orders
- −$197.69
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $108.78
- Costs to cover
- 2.167%
- Break-even
- 4.6 days
Slippage from Hyperliquid: live order book, 3 min ago; Kraken Futures: live order book, 13 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 Hyperliquid live order book, 3 min ago | 2.36 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 13 min ago | 62.50 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
IMX on 15 exchanges
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 | −0.0102% | 4h | 0.1487 | +0.082% | $93K | $109K | — | as long as short |
| gTrade (Gains Network) IMX/USD | L −0.0002% / S +0.0004% | 1h | 0.1483 | −0.226% | $6K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.958% | $559 | $27K | 5.5x | as long as short |
| dYdX IMX-USD | +0.0062% | 1h | 0.1483 | −0.219% | $33K | $18K | 5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1480 | −0.379% | $3.5M | $5.3M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1479 | −0.498% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1479 | −0.485% | $924K | $1.4M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1480 | −0.397% | $633K | $59K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1481 | −0.330% | $2.4M | $573K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1481 | −0.330% | $344K | $183K | 50x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IMXUSDT | +0.0100% | 4h | 0.1481 | −0.330% | $1.3M | $298K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1480 | −0.397% | — | $4.3M | — | as long as short |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1483 | −0.195% | $181K | $150K | 75x | as long as short |
| Hyperliquid IMXlong | +0.0421% | 1h | 0.1486 | long leg | $3.4M | $235K | 5x | |
| Kraken Futures PF_IMXUSDshort | +0.1963% | 1h | 0.1486 | +0.024% | $113K | $4K | 20x |
Hyperliquid IMX
Kraken Futures PF_IMXUSD
Variational Omni IMX
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTM
Bitget IMXUSDT
BingX IMX-USDT
BloFin IMX-USDT