Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget−0.067%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.067%, 7d avg −0.029%
=Funding pays, the price is against you. BloFin is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.029%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.158% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IMXUSDT | 0.1495 | 0.0100 | pay 0.0050% / 4h | 9m 08s | $1.3M | $240K | 75x |
| Short | BloFin IMX-USDT | 0.1494 | 0.0340 | get 0.0170% / 4h | 9m 08s | $182K | $127K | 75x |
Bitget IMXUSDT
BloFin IMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $50.4
- Price spread: −0.067% → −0.029%
- −$3.77
- Slippage, 4 orders
- −$85.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.52
- Costs to cover
- 1.092%
- Break-even
- 15.7 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 24 min ago.
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 Bitget live order book, 5 min ago | 3.35 bp | 27.7 bp −$28 | 96.9 bp −$969 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 10.06 bp | 22.7 bp −$23 | 45.1 bp −$451 | 297.7 bp −$29.8K | doesn't fit |
IMX on 15 exchanges
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 | +0.035% | $6K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.338% | $559 | $27K | 5.5x | as long as short |
| dYdX IMX-USD | +0.0071% | 1h | 0.1495 | +0.027% | $33K | $18K | 5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1495 | 0.000% | $3.6M | $4.1M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1494 | −0.067% | $3.9M | $1.6M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1495 | 0.000% | $932K | $1.2M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1494 | −0.067% | $639K | $56K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1494 | −0.067% | $2.5M | $505K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1494 | −0.067% | $345K | $140K | 50x | as long as short |
| Bitget IMXUSDTlong | +0.0100% | 4h | 0.1495 | long leg | $1.3M | $240K | 75x |
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
dYdX IMX-USD
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTMShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IMX-USDT | +0.0100% | 4h | 0.1493 | −0.134% | — | $4.3M | — | as long as short |
| Variational Omni IMX | +0.0100% | 4h | 0.1491 | −0.262% | $94K | $99K | — | as long as short |
| BloFin IMX-USDTshort | +0.0340% | 4h | 0.1494 | −0.067% | $182K | $127K | 75x | |
| Hyperliquid IMX | +0.0448% | 1h | 0.1500 | +0.314% | $3.5M | $247K | 5x | as long as short |
| Kraken Futures PF_IMXUSD | +0.2347% | 1h | 0.1499 | +0.235% | $114K | $4K | 20x | as long as short |
BingX IMX-USDT
Variational Omni IMX
Hyperliquid IMX
Kraken Futures PF_IMXUSD