Funding you earn now, next payment 07:00 UTC−0.2984%/8h= −326.8% APRpaid last 24h −0.364%
Price spread now: Binance against Kraken Futures−0.295%7-day average −0.285% · you buy dearer than you sell
Net, funding: paid 7d − costs−$508as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2442.437% of the position
Funding, last 7 days−2.640%−$264 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.295%, 7d avg −0.285%
=The price spread sits at its 7-day average of −0.285%, so right now this pair is about funding alone: −$90 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IMXUSD | 0.1492 | 0.3084 | pay 0.0386% / 1h | 1m 08s | $113K | $10K | 20x |
| Short | Binance IMXUSDT | 0.1488 | 0.0100 | get 0.0050% / 4h | 1h 01m | $3.5M | $5.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$626.66
- Price spread: −0.295% → −0.285%
- −$0.99
- Slippage, 4 orders
- −$223.74
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$871.39
- Costs to cover
- 2.437%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 41 min ago; Binance: live order book, 7 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 Kraken Futures live order book, 41 min ago | 63.89 bp | 119.7 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.35 bp | 23.5 bp −$24 | 70.4 bp −$704 | 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 +0.0001% / S +0.0004% | 1h | 0.1490 | −0.167% | $2K | — | 150x | as long as short |
| dYdX IMX-USD | +0.0001% | 1h | 0.1490 | −0.140% | $26K | $4K | 5x | as long as short |
| Variational Omni IMX | +0.0027% | 4h | 0.1492 | +0.011% | $93K | $131K | — | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.536% | $559 | $28K | 5.5x | as long as short |
| Binance IMXUSDTshort | +0.0100% | 4h | 0.1488 | −0.295% | $3.5M | $5.9M | 75x | |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1486 | −0.408% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1487 | −0.307% | $933K | $1.5M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1491 | −0.073% | $637K | $75K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1488 | −0.274% | $2.4M | $607K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1491 | −0.073% | $363K | $181K | 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 | 0.1490 | −0.140% | $1.3M | $407K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1489 | −0.207% | — | $2.8M | — | as long as short |
| Hyperliquid IMX | +0.0175% | 1h | 0.1492 | +0.028% | $3.4M | $327K | 5x | as long as short |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1489 | −0.207% | $182K | $128K | 75x | as long as short |
| Kraken Futures PF_IMXUSDlong | +0.3084% | 1h | 0.1492 | long leg | $113K | $10K | 20x |
Kraken Futures PF_IMXUSD
Binance IMXUSDT
gTrade (Gains Network) IMX/USD
Variational Omni IMX
Injective IMX/USDC PERP
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTM
Bitget IMXUSDT
BingX IMX-USDT
Hyperliquid IMX
BloFin IMX-USDT