IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against Bitget−0.263%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1271.270% of the position

Long on Bitget Short on OKX

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+0.305%+$30 · spread now −0.263%, 7d avg −0.023%

Together, before fees+0.257%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.240% cheaper against Bitget than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IMXUSDT	0.1520	0.0100	pay 0.0050% / 4h	1h 13m	$1.3M	$399K	75x
Short	OKX IMX-USDT-SWAP	0.1516	0.0045	get 0.0022% / 4h	1h 13m	$950K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$11.62
Price spread: −0.263% → −0.023%: −$24.03
Slippage, 4 orders: −$104.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$162.63
Costs to cover: 1.270%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago	3.29 bp	27.5 bp −$28	85.9 bp −$859	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.29 bp	35.8 bp −$36	doesn't fit	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
Variational Omni IMX	−0.0575%	4h	0.1519	−0.085%	$95K	$131K	—	as long as short
dYdX IMX-USD	0.0000%	1h	0.1524	+0.243%	$27K	$2K	5x	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1519	−0.058%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	−0.329%	$559	$28K	5.5x	as long as short
OKX IMX-USDT-SWAPshort	+0.0045%	4h	0.1516	−0.263%	$950K	$1.6M	20x
Binance IMXUSDT	+0.0100%	4h	0.1516	−0.242%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1515	−0.329%	$3.8M	$2.2M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1517	−0.197%	$650K	$82K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1518	−0.132%	$2.6M	$585K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1516	−0.263%	$377K	$159K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget IMXUSDTlong	+0.0100%	4h	0.1520	long leg	$1.3M	$399K	75x
BingX IMX-USDT	+0.0100%	4h	0.1517	−0.197%	—	$2.9M	—	as long as short
Hyperliquid IMX	+0.0107%	1h	0.1521	+0.053%	$3.5M	$280K	5x	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1518	−0.132%	$190K	$125K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.0710%	1h	0.1522	+0.152%	$116K	$10K	20x	as long as short