IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0319%/8h= −34.9% APRnext payment −$1.60 per $10,000 · paid last 24h −0.005%

Price spread now: Variational Omni against Bybit−0.016%7-day average −0.035% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.686%+$69 · spread now −0.016%, 7d avg −0.035%

Together, before fees+0.657%+ Points / potential airdropVariational Omni: Active · farm board+$66 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.030% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.60 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	Bybit IMXUSDT	0.1515	0.0100	pay 0.0050% / 4h	2h 22m	$3.8M	$2.2M	75x
Short	Variational Omni IMX	0.1515	−0.0219	pay 0.0110% / 4h	2h 22m	$95K	$131K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.016%Rate

Funding earned: −$67.01
Price spread: −0.016% → −0.035%: $1.88
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$76.12
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 47 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 Bybit live order book, 5 min ago	6.61 bp	35.0 bp −$35	88.2 bp −$882	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 47 min ago	13.11 bp	doesn't fit	85.2 bp −$852	doesn't fit	doesn't fit

IMX on 14 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 IMXshort	−0.0219%	4h	0.1515	−0.016%	$95K	$131K	—
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1519	+0.239%	$2K	—	150x	as long as short
dYdX IMX-USD	+0.0016%	1h	0.1517	+0.114%	$27K	$1K	5x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	0.000%	$559	$28K	5.5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1522	+0.469%	$3.5M	$282K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1517	+0.127%	$3.7M	$5.8M	75x	as long as short
Bybit IMXUSDTlong	+0.0100%	4h	0.1515	long leg	$3.8M	$2.2M	75x
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1516	+0.040%	$953K	$1.7M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1514	−0.066%	$649K	$83K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1517	+0.132%	$2.8M	$563K	125x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IMXUSDTM	+0.0100%	4h	0.1513	−0.132%	$376K	$159K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1518	+0.198%	$1.3M	$399K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1516	+0.066%	—	$2.9M	—	as long as short
Kraken Futures PF_IMXUSD	+0.1290%	1h	0.1519	+0.259%	$115K	$11K	20x	as long as short