IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0679%/8h= +74.4% APRnext payment +$0.85 per $10,000 · paid last 24h +0.325%

Price spread now: Kraken Futures against Injective+0.160%63s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.160% dearer against Injective than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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	Injective IMX/USDC PERP	0.1515	0.0033	pay 0.0004% / 1h	7m 30s	$559	$28K	5.5x
Short	Kraken Futures PF_IMXUSD	0.1517	0.0713	get 0.0089% / 1h	7m 30s	$115K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +0.160%Rate

Funding earned: $142.65
Price spread: +0.160% → 0.000%: $16.03
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $148.66
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 55 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 55 min ago	68.44 bp	83.2 bp −$83	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0629%	4h	0.1514	−0.052%	$95K	$131K	—	as long as short
dYdX IMX-USD	0.0000%	1h	0.1516	+0.066%	$27K	$2K	5x	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1515	−0.026%	$2K	—	150x	as long as short
OKX IMX-USDT-SWAP	+0.0008%	4h	0.1510	−0.356%	$946K	$1.6M	20x	as long as short
Injective IMX/USDC PERPlong	+0.0033%	1h	0.1515	long leg	$559	$28K	5.5x
Hyperliquid IMX	+0.0100%	1h	0.1516	+0.092%	$3.5M	$282K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1511	−0.290%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1508	−0.462%	$3.8M	$2.2M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1511	−0.264%	$648K	$82K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1512	−0.198%	$2.6M	$585K	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	0.1511	−0.264%	$376K	$161K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1511	−0.264%	$1.3M	$400K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1510	−0.330%	—	$2.9M	—	as long as short
BloFin IMX-USDT	+0.0340%	4h	0.1516	+0.066%	$190K	$125K	75x	as long as short
Kraken Futures PF_IMXUSDshort	+0.0713%	1h	0.1517	+0.160%	$115K	$10K	20x