Settings8H · net · $10k
Funding arb · Price arb /

IMX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1313%/8h= −143.8% APRnext payment $1.64 per $10,000 · paid last 24h −0.325%
Price spread now: dYdX against Kraken Futures−0.569%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and dYdX is 0.569% cheaper against Kraken Futures than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IMXUSD0.14920.1658pay 0.0207% / 1h0m 24s$113K$10K20x
ShortdYdX IMX-USD0.14840.0345get 0.0043% / 1h0m 24s$26K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$275.7
Price spread: −0.569% → 0.000%
−$56.87
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$352.56
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 52 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 52 min ago50.53 bp123.2 bp −$123doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IMX−0.0244%4h0.1482−0.703%$93K$131Kas long as short
gTrade (Gains Network) IMX/USDL +0.0001% / S +0.0004%1h0.1484−0.564%$2K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+1.526%$559$28K5.5xas long as short
Binance IMXUSDT+0.0100%4h0.1484−0.552%$3.6M$5.7M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1482−0.686%$3.7M$2.1M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1483−0.605%$933K$1.5M20xas long as short
Gate IMX_USDT+0.0100%4h0.1482−0.686%$634K$81K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1486−0.418%$2.6M$583K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1482−0.686%$373K$163K50xas long as short
Bitget IMXUSDT+0.0100%4h0.1484−0.552%$1.3M$402K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IMX-USDT+0.0100%4h0.1485−0.485%$2.9Mas long as short
BloFin IMX-USDT+0.0340%4h0.1481−0.753%$184K$123K75xas long as short
dYdX IMX-USDshort+0.0345%1h0.1484−0.569%$26K$4K5x
Hyperliquid IMX+0.0385%1h0.1488−0.270%$3.4M$295K5xas long as short
Kraken Futures PF_IMXUSDlong+0.1658%1h0.1492long leg$113K$10K20x