IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1618%/8h= +177.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.323%

Price spread now: Kraken Futures against Injective−1.071%63s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 1.071% cheaper against Injective than usual: you would sell low and buy high (spread −1.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$107 on $10k: about 2.2 days of funding at the current rate (+$49 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective IMX/USDC PERP	0.1515	0.0033	pay 0.0004% / 1h	9m 29s	$559	$28K	5.5x
Short	Kraken Futures PF_IMXUSD	0.1499	0.1651	get 0.0206% / 1h	9m 29s	$114K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −1.071%Rate

Funding earned: $339.68
Price spread: −1.071% → 0.000%: −$107.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $222.55
Costs to cover: 0.100%
Break-even: 2.4 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 43 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 43 min ago	50.53 bp	78.5 bp −$79	doesn't fit	doesn't fit	doesn't fit

Injective: 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	−0.0280%	4h	0.1490	−1.635%	$93K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1494	−1.411%	$2K	—	150x	as long as short
Injective IMX/USDC PERPlong	+0.0033%	1h	0.1515	long leg	$559	$28K	5.5x
Binance IMXUSDT	+0.0100%	4h	0.1491	−1.604%	$3.6M	$5.8M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1489	−1.716%	$3.8M	$2.1M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1490	−1.657%	$936K	$1.6M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1490	−1.650%	$637K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1491	−1.584%	$2.6M	$581K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1490	−1.650%	$379K	$162K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1491	−1.584%	$1.3M	$404K	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	0.1491	−1.584%	—	$2.9M	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1491	−1.584%	$185K	$128K	75x	as long as short
Hyperliquid IMX	+0.0378%	1h	0.1495	−1.340%	$3.4M	$294K	5x	as long as short
dYdX IMX-USD	+0.0407%	1h	0.1491	−1.558%	$26K	$4K	5x	as long as short
Kraken Futures PF_IMXUSDshort	+0.1651%	1h	0.1499	−1.071%	$114K	$10K	20x