Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance+0.122%71s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$880.878% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.122%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.118% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IMXUSDT | 0.1506 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $3.7M | $5.9M | 75x |
| Short | BloFin IMX-USDT | 0.1508 | 0.0340 | get 0.0170% / 4h | 3h 34m | $192K | $144K | 75x |
Binance IMXUSDT
BloFin IMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: +0.122% → +0.004%
- $11.79
- Slippage, 4 orders
- −$65.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.61
- Costs to cover
- 0.878%
- Break-even
- 10.6 days
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 31 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 Binance live order book, 4 min ago | 6.64 bp | 19.6 bp −$20 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 6.63 bp | 27.3 bp −$27 | 57.3 bp −$573 | 311.6 bp −$31.2K | 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 | 0.1508 | +0.104% | $2K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +0.587% | $559 | $28K | 5.5x | as long as short |
| dYdX IMX-USD | +0.0044% | 1h | 0.1508 | +0.106% | $26K | $72 | 5x | as long as short |
| Hyperliquid IMX | +0.0100% | 1h | 0.1511 | +0.335% | $3.5M | $284K | 5x | as long as short |
| Binance IMXUSDTlong | +0.0100% | 4h | 0.1506 | long leg | $3.7M | $5.9M | 75x | |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1505 | −0.090% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1507 | +0.029% | $953K | $1.7M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1506 | −0.011% | $649K | $79K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1507 | +0.056% | $2.8M | $563K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1509 | +0.189% | $394K | $128K | 50x | as long as short |
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
dYdX IMX-USD
Hyperliquid IMX
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IMXUSDT | +0.0100% | 4h | 0.1508 | +0.122% | $1.3M | $388K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1507 | +0.056% | — | $2.9M | — | as long as short |
| Variational Omni IMX | +0.0100% | 4h | 0.1505 | −0.059% | $94K | $131K | — | as long as short |
| BloFin IMX-USDTshort | +0.0340% | 4h | 0.1508 | +0.122% | $192K | $144K | 75x | |
| Kraken Futures PF_IMXUSD | +0.1228% | 1h | 0.1511 | +0.315% | $115K | $11K | 20x | as long as short |
Bitget IMXUSDT
BingX IMX-USDT
Variational Omni IMX
Kraken Futures PF_IMXUSD