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
Funding, last 6 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IMXUSD | 0.1492 | 0.1658 | pay 0.0207% / 1h | 0m 24s | $113K | $10K | 20x |
| Short | dYdX IMX-USD | 0.1484 | 0.0345 | get 0.0043% / 1h | 0m 24s | $26K | $4K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 52 min ago | 50.53 bp | 123.2 bp −$123 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IMX | −0.0244% | 4h | 0.1482 | −0.703% | $93K | $131K | — | as long as short |
| gTrade (Gains Network) IMX/USD | L +0.0001% / S +0.0004% | 1h | 0.1484 | −0.564% | $2K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.526% | $559 | $28K | 5.5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1484 | −0.552% | $3.6M | $5.7M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1482 | −0.686% | $3.7M | $2.1M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1483 | −0.605% | $933K | $1.5M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1482 | −0.686% | $634K | $81K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1486 | −0.418% | $2.6M | $583K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1482 | −0.686% | $373K | $163K | 50x | as long as short |
| Bitget IMXUSDT | +0.0100% | 4h | 0.1484 | −0.552% | $1.3M | $402K | 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 | 0.1485 | −0.485% | — | $2.9M | — | as long as short |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1481 | −0.753% | $184K | $123K | 75x | as long as short |
| dYdX IMX-USDshort | +0.0345% | 1h | 0.1484 | −0.569% | $26K | $4K | 5x | |
| Hyperliquid IMX | +0.0385% | 1h | 0.1488 | −0.270% | $3.4M | $295K | 5x | as long as short |
| Kraken Futures PF_IMXUSDlong | +0.1658% | 1h | 0.1492 | long leg | $113K | $10K | 20x |
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
Hyperliquid IMX