IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0992%/8h= −108.6% APRnext payment −$1.24 per $10,000 · paid last 24h −0.325%

Price spread now: dYdX against Kraken Futures−0.311%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and dYdX is 0.311% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_IMXUSD	0.1515	0.1075	pay 0.0134% / 1h	13m 33s	$115K	$10K	20x
Short	dYdX IMX-USD	0.1510	0.0083	get 0.0010% / 1h	13m 33s	$26K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.311%Rate

Funding earned: −$208.35
Price spread: −0.311% → 0.000%: −$31.08
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$259.44
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 44 min ago; dYdX: 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 Kraken Futures live order book, 44 min ago	47.01 bp	127.0 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0651%	4h	0.1508	−0.447%	$95K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1511	−0.291%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	−0.001%	$559	$28K	5.5x	as long as short
OKX IMX-USDT-SWAP	+0.0077%	4h	0.1511	−0.245%	$943K	$1.6M	20x	as long as short
dYdX IMX-USDshort	+0.0083%	1h	0.1510	−0.311%	$26K	$3K	5x
Hyperliquid IMX	+0.0100%	1h	0.1516	+0.085%	$3.5M	$289K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1511	−0.265%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1509	−0.397%	$3.8M	$2.1M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1510	−0.331%	$647K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1511	−0.265%	$2.6M	$578K	125x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IMXUSDTM	+0.0100%	4h	0.1509	−0.397%	$378K	$161K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1512	−0.199%	$1.3M	$404K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1511	−0.265%	—	$2.9M	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1511	−0.265%	$189K	$124K	75x	as long as short
Kraken Futures PF_IMXUSDlong	+0.1075%	1h	0.1515	long leg	$115K	$10K	20x