IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.037%

Price spread now: gTrade (Gains Network) against Hyperliquid−0.342%57s7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.342% cheaper against Hyperliquid than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid IMX	0.1492	0.0164	pay 0.0020% / 1h	31m 28s	$3.4M	$325K	5x
Short	gTrade (Gains Network) IMX/USD	0.1487	L +0.0001% / S +0.0004%	pay 0.0001% / 1h	31m 28s	$2K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hyperliquid. 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 HyperliquidbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.342%Rate

Funding earned: −$35.29
Price spread: −0.342% → 0.000%: −$34.19
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$88.48
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 10 min ago; gTrade (Gains Network): no order-book sample. 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 Hyperliquid live order book, 10 min ago	4.02 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0050%	4h	0.1482	−0.641%	$93K	$131K	—	as long as short
dYdX IMX-USD	0.0000%	1h	0.1488	−0.275%	$26K	$4K	5x	as long as short
gTrade (Gains Network) IMX/USDshort	L +0.0001% / S +0.0004%	1h	0.1487	−0.342%	$2K	—	150x
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+1.555%	$559	$28K	5.5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1488	−0.270%	$3.5M	$5.9M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1485	−0.483%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1487	−0.308%	$934K	$1.5M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1486	−0.389%	$635K	$75K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1488	−0.255%	$2.4M	$604K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1487	−0.322%	$363K	$189K	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	0.1488	−0.255%	$1.3M	$410K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1486	−0.389%	—	$2.8M	—	as long as short
Hyperliquid IMXlong	+0.0164%	1h	0.1492	long leg	$3.4M	$325K	5x
BloFin IMX-USDT	+0.0340%	4h	0.1485	−0.456%	$183K	$128K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.3087%	1h	0.1491	−0.086%	$113K	$10K	20x	as long as short