Funding you earn now, next payment 01:00 UTC−0.1127%/8h= −123.4% APRpaid last 24h −0.358%
Price spread now: BingX against Kraken Futures−0.255%7-day average −0.272% · you buy dearer than you sell
Net, funding: paid 7d − costs−$466as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2212.207% of the position
Funding, last 7 days−2.457%−$246 on $10k
+Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.255%, 7d avg −0.272%
=The price spread sits at its 7-day average of −0.272%, so right now this pair is about funding alone: −$34 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IMXUSD | 0.1512 | 0.1227 | pay 0.0153% / 1h | 38m 43s | $115K | $11K | 20x |
| Short | BingX IMX-USDT | 0.1508 | 0.0100 | get 0.0050% / 4h | 3h 38m | — | $2.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$236.7
- Price spread: −0.255% → −0.272%
- $1.67
- Slippage, 4 orders
- −$200.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$455.75
- Costs to cover
- 2.207%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 33 min ago; BingX: live order book, 6 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 Kraken Futures live order book, 33 min ago | 45.78 bp | 119.3 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.32 bp | 17.7 bp −$18 | 49.0 bp −$490 | 333.3 bp −$33.3K | 913.2 bp −$456.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) IMX/USD | L −0.0002% / S +0.0004% | 1h | 0.1508 | −0.273% | $6K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +0.208% | $559 | $28K | 5.5x | as long as short |
| dYdX IMX-USD | +0.0052% | 1h | 0.1508 | −0.271% | $26K | $72 | 5x | as long as short |
| Hyperliquid IMX | +0.0100% | 1h | 0.1510 | −0.136% | $3.5M | $284K | 5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1506 | −0.387% | $3.7M | $5.9M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1504 | −0.519% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1506 | −0.394% | $952K | $1.7M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1510 | −0.123% | $651K | $79K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1506 | −0.387% | $2.8M | $563K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1507 | −0.321% | $394K | $129K | 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 | 0.1508 | −0.255% | $1.3M | $395K | 75x | as long as short |
| BingX IMX-USDTshort | +0.0100% | 4h | 0.1508 | −0.255% | — | $2.9M | — | |
| Variational Omni IMX | +0.0100% | 4h | 0.1507 | −0.337% | $94K | $131K | — | as long as short |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1507 | −0.321% | $192K | $144K | 75x | as long as short |
| Kraken Futures PF_IMXUSDlong | +0.1227% | 1h | 0.1512 | long leg | $115K | $11K | 20x |
Kraken Futures PF_IMXUSD
BingX IMX-USDT
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
Hyperliquid IMX
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTM
Bitget IMXUSDT
Variational Omni IMX
BloFin IMX-USDT