IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.321%

Price spread now: Injective against Kraken Futures+1.120%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Injective

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 1.120% dearer against Kraken Futures than usual: you sell high and buy low, +$112 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_IMXUSD	0.1498	0.0040	pay 0.0005% / 1h	10m 21s	$114K	$23K	20x
Short	Injective IMX/USDC PERP	0.1515	0.0033	get 0.0004% / 1h	10m 21s	$559	$28K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee InjectivebpOrdersPrice spread, now +1.120%Rate

Funding earned: −$1.43
Price spread: +1.120% → 0.000%: $111.95
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $100.5
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 7 min ago; Injective: 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, 7 min ago	41.73 bp	134.5 bp −$135	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) IMX/USD	L −0.0002% / S +0.0004%	1h	0.1496	−0.168%	$6K	—	150x	as long as short
Injective IMX/USDC PERPshort	+0.0033%	1h	0.1515	+1.120%	$559	$28K	5.5x
Kraken Futures PF_IMXUSDlong	+0.0040%	1h	0.1498	long leg	$114K	$23K	20x
Hyperliquid IMX	+0.0100%	1h	0.1500	+0.145%	$3.5M	$296K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1495	−0.233%	$3.6M	$5.9M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1494	−0.282%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1494	−0.282%	$939K	$1.7M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1494	−0.282%	$645K	$141K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1495	−0.215%	$2.8M	$579K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1495	−0.215%	$396K	$124K	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	0.1496	−0.149%	$1.3M	$414K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1496	−0.149%	—	$2.9M	—	as long as short
Variational Omni IMX	+0.0100%	4h	0.1493	−0.328%	$94K	$131K	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1494	−0.282%	$190K	$146K	75x	as long as short
dYdX IMX-USD	+0.2136%	1h	0.1496	−0.149%	$26K	$59	5x	as long as short