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

IMX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0281%/8h= +30.8% APRnext payment +$1.41 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against Variational Omni−0.119%7-day average +0.117% · 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 4 days (all we have)+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.119%, 7d avg +0.117%
Together, before fees+0.159%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.236% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of +0.117%). If the spread goes back, that is −$24 on $10k: about 2.8 days of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.064% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.064% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IMX0.1479−0.0181get 0.0091% / 4h2h 39m$93K$131K
ShortMEXC IMX_USDT0.14770.0100get 0.0050% / 4h2h 39m$2.5M$589K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$59.04
Price spread: −0.119% → +0.117%
−$23.59
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$31.45
Costs to cover
0.040%
Break-even
3.3 days
Slippage unknown: Variational Omni: RFQ quote, 9 min ago; MEXC: live order book, 2 min ago. 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 Variational Omni RFQ quote, 9 min ago10.10 bpdoesn't fit90.9 bp −$909doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.38 bp10.8 bp −$1131.5 bp −$315181.3 bp −$18.1Kdoesn't fit

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 IMXlong−0.0181%4h0.1479long leg$93K$131K
gTrade (Gains Network) IMX/USDL +0.0001% / S +0.0004%1h0.1478−0.051%$2K150xas long as short
dYdX IMX-USD+0.0021%1h0.14790.000%$26K$4K5xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+2.451%$559$28K5.5xas long as short
Hyperliquid IMX+0.0100%1h0.1481+0.159%$3.4M$324K5xas long as short
Binance IMXUSDT+0.0100%4h0.1477−0.119%$3.5M$5.8M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1475−0.234%$3.8M$2.2M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1478−0.071%$926K$1.5M20xas long as short
Gate IMX_USDT+0.0100%4h0.1476−0.186%$631K$76K50xas long as short
MEXC IMX_USDTshort+0.0100%4h0.1477−0.119%$2.5M$589K125x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IMXUSDTM+0.0100%4h0.1477−0.119%$372K$165K50xas long as short
Bitget IMXUSDT+0.0100%4h0.1478−0.051%$1.3M$408K75xas long as short
BingX IMX-USDT+0.0100%4h0.1475−0.254%$2.9Mas long as short
BloFin IMX-USDT+0.0340%4h0.1480+0.084%$183K$123K75xas long as short
Kraken Futures PF_IMXUSD+0.2063%1h0.1483+0.279%$113K$10K20xas long as short