Settings8H · net · $10k
Funding arb · Price arb /

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1181%/8h= +129.4% APRnext payment +$1.48 per $10,000 · paid last 24h +0.318%
Price spread now: Kraken Futures against Injective+0.806%63s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Kraken Futures is 0.806% dearer against Injective than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective IMX/USDC PERP0.15150.0033pay 0.0004% / 1h3m 36s$559$28K5.5x
ShortKraken Futures PF_IMXUSD0.15270.1215get 0.0152% / 1h3m 36s$116K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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

Funding earned
$248.11
Price spread: +0.806% → 0.000%
$80.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$318.66
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures live order book, 4 min ago42.16 bp62.0 bp −$62doesn't fitdoesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) IMX/USDL +0.0001% / S +0.0004%1h0.1527+0.772%$2K150xas long as short
dYdX IMX-USD+0.0029%1h0.1525+0.643%$27K$725xas long as short
Injective IMX/USDC PERPlong+0.0033%1h0.1515long leg$559$28K5.5x
Hyperliquid IMX+0.0100%1h0.1523+0.502%$3.5M$283K5xas long as short
Binance IMXUSDT+0.0100%4h0.1516+0.066%$3.7M$5.8M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1514−0.073%$3.9M$2.2M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1516+0.066%$958K$1.6M20xas long as short
Gate IMX_USDT+0.0100%4h0.1517+0.132%$651K$83K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1518+0.198%$2.8M$566K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1522+0.462%$394K$128K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IMXUSDT+0.0100%4h0.1519+0.264%$1.3M$403K75xas long as short
BingX IMX-USDT+0.0100%4h0.1518+0.198%$2.9Mas long as short
Variational Omni IMX+0.0100%4h0.1522+0.476%$96K$131Kas long as short
BloFin IMX-USDT+0.0340%4h0.1526+0.726%$192K$134K75xas long as short
Kraken Futures PF_IMXUSDshort+0.1215%1h0.1527+0.806%$116K$11K20x