Funding arb · Price arb /

IMX

all IMX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Variational Omni against OKX+0.280%7-day average −0.106% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.280%, 7d avg −0.106%

Together, before fees−0.094%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.387% dearer against OKX than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX IMX-USDT-SWAP	0.1500	0.0100	pay 0.0050% / 4h	3h 49m	$946K	$1.6M	20x
Short	Variational Omni IMX	0.1505	0.0100	get 0.0050% / 4h	3h 49m	$94K	$132K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee OKXbpFee Variational OmnibpOrdersPrice spread, now +0.280%Rate

Funding earned: $0
Price spread: +0.280% → −0.106%: $38.65
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $28.65
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 44 min ago. 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 OKX live order book, 2 min ago	1.33 bp	33.9 bp −$34	2287.0 bp −$22.9K	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 44 min ago	13.40 bp	doesn't fit	87.1 bp −$871	doesn't fit	doesn't fit

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	0.1502	+0.146%	$6K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.980%	$559	$28K	5.5x	as long as short
dYdX IMX-USD	+0.0083%	1h	0.1502	+0.140%	$26K	$59	5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1505	+0.280%	$3.4M	$288K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1500	−0.020%	$3.7M	$5.9M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1500	−0.027%	$3.9M	$2.1M	75x	as long as short
OKX IMX-USDT-SWAPlong	+0.0100%	4h	0.1500	long leg	$946K	$1.6M	20x
Gate IMX_USDT	+0.0100%	4h	0.1500	−0.020%	$648K	$148K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1501	+0.047%	$2.5M	$530K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1503	+0.180%	$389K	$121K	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	0.1501	+0.047%	$1.3M	$407K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1502	+0.113%	—	$2.6M	—	as long as short
Variational Omni IMXshort	+0.0100%	4h	0.1505	+0.280%	$94K	$132K	—
BloFin IMX-USDT	+0.0340%	4h	0.1499	−0.087%	$196K	$133K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.0852%	1h	0.1505	+0.296%	$114K	$23K	20x	as long as short