IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.010%

Price spread now: KuCoin against OKX−0.086%7-day average +0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$305as in the Funding arb table

Net, price: spread back to 7d avg − costs−$329as in the Price arb table

costs, in and out, $10k−$3103.095% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.086%, 7d avg +0.107%

Together, before fees+0.141%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.193% cheaper against OKX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.107%). If the spread goes back, that is −$19 on $10k: about 39 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX IMX-USDT-SWAP	0.1512	0.0083	pay 0.0042% / 4h	12m 02s	$945K	$1.6M	20x
Short	KuCoin IMXUSDTM	0.1511	0.0100	get 0.0050% / 4h	12m 02s	$379K	$161K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.086%Rate

Funding earned: $3.5
Price spread: −0.086% → +0.107%: −$19.27
Slippage, 4 orders: −$287.54
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$325.3
Costs to cover: 3.095%
Break-even: 658.1 days

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 70 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 OKX live order book, 5 min ago	1.99 bp	31.9 bp −$32	1812.2 bp −$18.1K	doesn't fit	doesn't fit
Sell KuCoin live order book, 70 min ago	6.58 bp	118.3 bp −$118	174.5 bp −$1,745	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
Variational Omni IMX	−0.0651%	4h	0.1508	−0.269%	$95K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1514	+0.086%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.179%	$559	$28K	5.5x	as long as short
dYdX IMX-USD	+0.0081%	1h	0.1510	−0.132%	$26K	$3K	5x	as long as short
OKX IMX-USDT-SWAPlong	+0.0083%	4h	0.1512	long leg	$945K	$1.6M	20x
Hyperliquid IMX	+0.0100%	1h	0.1517	+0.324%	$3.5M	$289K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1512	−0.020%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1510	−0.152%	$3.8M	$2.1M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1510	−0.152%	$647K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1512	−0.020%	$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 IMXUSDTMshort	+0.0100%	4h	0.1511	−0.086%	$379K	$161K	50x
Bitget IMXUSDT	+0.0100%	4h	0.1513	+0.046%	$1.3M	$404K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1511	−0.086%	—	$2.9M	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1510	−0.152%	$189K	$124K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.1074%	1h	0.1516	+0.217%	$115K	$10K	20x	as long as short