IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.1920%/8h= −210.2% APRnext payment −$2.40 per $10,000 · paid last 24h −0.393%

Price spread now: Injective against Kraken Futures+1.392%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 1.392% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.392% now, against zero (this spread has no 7-day history yet)): +$139 on $10k if it goes back. Holding the pair costs −$58 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_IMXUSD	0.1494	0.1953	pay 0.0244% / 1h	6m 38s	$113K	$4K	20x
Short	Injective IMX/USDC PERP	0.1515	0.0033	get 0.0004% / 1h	6m 38s	$559	$27K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +1.392%Rate

Funding earned: −$403.11
Price spread: +1.392% → 0.000%: $139.19
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$273.94
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 38 min ago; Injective: 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, 38 min ago	62.50 bp	96.8 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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 exchanges

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 −0.0002% / S +0.0004%	1h	0.1494	−0.045%	$6K	—	150x	as long as short
Variational Omni IMX	+0.0031%	4h	0.1490	−0.272%	$93K	$98K	—	as long as short
Injective IMX/USDC PERPshort	+0.0033%	1h	0.1515	+1.392%	$559	$27K	5.5x
Binance IMXUSDT	+0.0100%	4h	0.1492	−0.137%	$3.5M	$4.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1491	−0.214%	$3.8M	$1.9M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1492	−0.147%	$931K	$1.3M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1491	−0.214%	$638K	$60K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1492	−0.147%	$2.5M	$577K	125x	as long as short
KuCoin IMXUSDTM	+0.0100%	4h	0.1492	−0.147%	$344K	$179K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1493	−0.080%	$1.3M	$269K	75x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX IMX-USDT	+0.0100%	4h	0.1492	−0.147%	—	$4.3M	—	as long as short
dYdX IMX-USD	+0.0184%	1h	0.1493	−0.106%	$33K	$18K	5x	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1489	−0.348%	$181K	$151K	75x	as long as short
Hyperliquid IMX	+0.0442%	1h	0.1498	+0.268%	$3.5M	$245K	5x	as long as short
Kraken Futures PF_IMXUSDlong	+0.1953%	1h	0.1494	long leg	$113K	$4K	20x