IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against BingX−0.020%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1161.163% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.062%+$6 · spread now −0.020%, 7d avg +0.011%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.030% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX IMX-USDT	0.1508	0.0100	pay 0.0050% / 4h	23m 34s	—	$2.9M	—
Short	OKX IMX-USDT-SWAP	0.1508	0.0047	get 0.0023% / 4h	23m 34s	$942K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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 BingXbpFee OKXbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$11.21
Price spread: −0.020% → +0.011%: −$3.04
Slippage, 4 orders: −$96.27
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$130.53
Costs to cover: 1.163%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; OKX: live order book, 3 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 BingX live order book, 11 min ago	6.66 bp	21.6 bp −$22	54.8 bp −$548	458.4 bp −$45.8K	968.2 bp −$484.1K
Sell OKX live order book, 3 min ago	0.66 bp	36.0 bp −$36	doesn't fit	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	−0.0635%	4h	0.1505	−0.184%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1509	+0.041%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.464%	$559	$28K	5.5x	as long as short
OKX IMX-USDT-SWAPshort	+0.0047%	4h	0.1508	−0.020%	$942K	$1.6M	20x
dYdX IMX-USD	+0.0083%	1h	0.1509	+0.046%	$26K	$3K	5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1513	+0.345%	$3.5M	$289K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1508	−0.030%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1505	−0.225%	$3.8M	$2.1M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1505	−0.199%	$645K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1509	+0.066%	$2.6M	$577K	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	0.1507	−0.066%	$378K	$161K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1508	0.000%	$1.3M	$404K	75x	as long as short
BingX IMX-USDTlong	+0.0100%	4h	0.1508	long leg	—	$2.9M	—
BloFin IMX-USDT	+0.0340%	4h	0.1510	+0.133%	$188K	$124K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.1077%	1h	0.1512	+0.295%	$115K	$10K	20x	as long as short