IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against MEXC0.000%109s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.727% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.178%+$18 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg 0.000%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 109 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	MEXC IMX_USDT	0.1500	0.0100	pay 0.0050% / 4h	2h 01m	$2.4M	$618K	125x
Short	BloFin IMX-USDT	0.1500	0.0340	get 0.0170% / 4h	2h 01m	$182K	$128K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $50.4
Price spread: 0.000% → 0.000%: $0.04
Slippage, 4 orders: −$56.66
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.22
Costs to cover: 0.727%
Break-even: 10.1 days

Slippage from MEXC: live order book, just now; BloFin: live order book, 14 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 MEXC live order book, just now	6.67 bp	16.2 bp −$16	41.7 bp −$417	195.2 bp −$19.5K	doesn't fit
Sell BloFin live order book, 14 min ago	6.72 bp	25.9 bp −$26	46.4 bp −$464	286.0 bp −$28.6K	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
Variational Omni IMX	−0.0032%	4h	0.1496	−0.251%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1500	+0.007%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+1.000%	$559	$28K	5.5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1503	+0.220%	$3.4M	$325K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1499	−0.044%	$3.6M	$5.9M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1497	−0.173%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1500	−0.020%	$940K	$1.6M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1498	−0.133%	$640K	$76K	50x	as long as short
MEXC IMX_USDTlong	+0.0100%	4h	0.1500	long leg	$2.4M	$618K	125x
KuCoin IMXUSDTM	+0.0100%	4h	0.1500	0.000%	$380K	$171K	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	0.1500	0.000%	$1.3M	$410K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1499	−0.067%	—	$2.8M	—	as long as short
dYdX IMX-USD	+0.0331%	1h	0.1500	0.000%	$26K	$4K	5x	as long as short
BloFin IMX-USDTshort	+0.0340%	4h	0.1500	0.000%	$182K	$128K	75x
Kraken Futures PF_IMXUSD	+0.2031%	1h	0.1506	+0.426%	$114K	$10K	20x	as long as short