Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BloFin+0.335%79s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$600.604% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 3 days (all we have)−0.309%−$31 · spread now +0.335%, 7d avg −0.001%
=The price spread pays, funding is against you. MEXC is 0.336% dearer against BloFin than usual: you sell high and buy low (spread +0.335% now, against its 7-day average of −0.001%): +$34 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.151% in total) that is about 16 days. The two prices were read 79 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 -0.151% in total (about -7.9% 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 | BloFin IMX-USDT | 0.1494 | 0.0340 | pay 0.0170% / 4h | 1h 06m | $190K | $146K | 75x |
| Short | MEXC IMX_USDT | 0.1499 | 0.0100 | get 0.0050% / 4h | 1h 06m | $2.8M | $579K | 125x |
BloFin IMX-USDT
MEXC IMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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: +0.335% → −0.001%
- $33.61
- Slippage, 4 orders
- −$44.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.2
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; MEXC: live order book, 6 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 BloFin live order book, 4 min ago | 3.34 bp | 9.4 bp −$9 | 38.5 bp −$385 | 355.8 bp −$35.6K | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.35 bp | 13.1 bp −$13 | 38.4 bp −$384 | 194.0 bp −$19.4K | 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 −0.0002% / S +0.0004% | 1h | 0.1500 | +0.382% | $6K | — | 150x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +1.406% | $559 | $28K | 5.5x | as long as short |
| Kraken Futures PF_IMXUSD | +0.0040% | 1h | 0.1503 | +0.627% | $114K | $23K | 20x | as long as short |
| Hyperliquid IMX | +0.0100% | 1h | 0.1503 | +0.622% | $3.5M | $295K | 5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1500 | +0.370% | $3.7M | $5.9M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1499 | +0.315% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1496 | +0.154% | $942K | $1.7M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1497 | +0.201% | $646K | $141K | 50x | as long as short |
| MEXC IMX_USDTshort | +0.0100% | 4h | 0.1499 | +0.335% | $2.8M | $579K | 125x | |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1499 | +0.335% | $398K | $124K | 50x | as long as short |
gTrade (Gains Network) IMX/USD
Injective IMX/USDC PERP
Kraken Futures PF_IMXUSD
Hyperliquid IMX
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate 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 | 0.1500 | +0.402% | $1.3M | $414K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1497 | +0.201% | — | $2.9M | — | as long as short |
| Variational Omni IMX | +0.0100% | 4h | 0.1493 | −0.047% | $94K | $131K | — | as long as short |
| BloFin IMX-USDTlong | +0.0340% | 4h | 0.1494 | long leg | $190K | $146K | 75x | |
| dYdX IMX-USD | +0.1975% | 1h | 0.1496 | +0.134% | $26K | $59 | 5x | as long as short |
Bitget IMXUSDT
BingX IMX-USDT
Variational Omni IMX
dYdX IMX-USD