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

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against OKX+0.053%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.053%, 7d avg −0.011%
Together, before fees−0.045%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.064% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IMX-USDT-SWAP0.15200.0074pay 0.0037% / 4h1h 16m$954K$1.6M20x
ShortBingX IMX-USDT0.15210.0100get 0.0050% / 4h1h 16m$2.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$5.52
Price spread: +0.053% → −0.011%
$6.36
Slippage, 4 orders
−$93.39
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$101.51
Costs to cover
1.134%
Break-even
135.8 days
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago3.29 bp31.5 bp −$311824.4 bp −$18.2Kdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.60 bp24.1 bp −$2454.3 bp −$543366.1 bp −$36.6K1068.6 bp −$534.3K

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−0.0569%4h0.1520−0.032%$95K$131Kas long as short
dYdX IMX-USD0.0000%1h0.1524+0.230%$27K$2K5xas long as short
gTrade (Gains Network) IMX/USDL +0.0001% / S +0.0004%1h0.1524+0.224%$2K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515−0.342%$559$28K5.5xas long as short
OKX IMX-USDT-SWAPlong+0.0074%4h0.1520long leg$954K$1.6M20x
Binance IMXUSDT+0.0100%4h0.1521+0.056%$3.7M$5.7M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1519−0.079%$3.9M$2.2M75xas long as short
Gate IMX_USDT+0.0100%4h0.1520−0.013%$651K$82K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1522+0.118%$2.7M$585K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1520−0.013%$378K$159K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IMXUSDT+0.0100%4h0.1522+0.118%$1.3M$399K75xas long as short
BingX IMX-USDTshort+0.0100%4h0.1521+0.053%$2.9M
Hyperliquid IMX+0.0152%1h0.1525+0.349%$3.5M$279K5xas long as short
BloFin IMX-USDT+0.0340%4h0.1520−0.013%$190K$125K75xas long as short
Kraken Futures PF_IMXUSD+0.0709%1h0.1525+0.306%$116K$10K20xas long as short