IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Gate against BloFin−0.067%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$235as in the Price arb table

costs, in and out, $10k−$2342.342% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.067%, 7d avg −0.064%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% 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 is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IMX-USDT	0.1497	0.0340	pay 0.0170% / 4h	1h 18m	$190K	$147K	75x
Short	Gate IMX_USDT	0.1496	0.0100	get 0.0050% / 4h	1h 18m	$646K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.067%Rate

Funding earned: −$50.4
Price spread: −0.067% → −0.064%: −$0.32
Slippage, 4 orders: −$207.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$284.95
Costs to cover: 2.342%
Break-even: never at this rate

Slippage from BloFin: live order book, 56 min ago; Gate: live order book, 63 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 BloFin live order book, 56 min ago	3.32 bp	22.3 bp −$22	44.5 bp −$445	362.1 bp −$36.2K	doesn't fit
Sell Gate live order book, 63 min ago	6.64 bp	105.9 bp −$106	202.2 bp −$2,022	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	0.1498	+0.049%	$6K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+1.202%	$559	$28K	5.5x	as long as short
Kraken Futures PF_IMXUSD	+0.0040%	1h	0.1501	+0.272%	$114K	$22K	20x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1501	+0.240%	$3.4M	$289K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1495	−0.130%	$3.6M	$5.9M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1494	−0.194%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1495	−0.160%	$938K	$1.7M	20x	as long as short
Gate IMX_USDTshort	+0.0100%	4h	0.1496	−0.067%	$646K	$141K	50x
MEXC IMX_USDT	+0.0100%	4h	0.1495	−0.134%	$2.8M	$578K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1497	0.000%	$396K	$124K	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	0.1497	0.000%	$1.3M	$417K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1497	0.000%	—	$2.9M	—	as long as short
Variational Omni IMX	+0.0100%	4h	0.1495	−0.113%	$94K	$131K	—	as long as short
BloFin IMX-USDTlong	+0.0340%	4h	0.1497	long leg	$190K	$147K	75x
dYdX IMX-USD	+0.2553%	1h	0.1499	+0.121%	$26K	$59	5x	as long as short