Settings8H · net · $10k
Funding arb · Price arb /

IMX

all IMX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0788%/8h= −86.3% APRnext payment $0.98 per $10,000 · paid last 24h −0.312%
Price spread now: dYdX against Kraken Futures−0.208%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and dYdX is 0.208% cheaper against Kraken Futures than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IMXUSD0.15120.1337pay 0.0167% / 1h45m 39s$115K$11K20x
ShortdYdX IMX-USD0.15090.0549get 0.0069% / 1h45m 39s$26K$665x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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

Funding earned
−$165.41
Price spread: −0.208% → 0.000%
−$20.84
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$206.25
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 31 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 31 min ago41.73 bp134.5 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) IMX/USDL −0.0002% / S +0.0004%1h0.1510−0.134%$6K150xas long as short
Injective IMX/USDC PERP+0.0033%1h0.1515+0.182%$559$28K5.5xas long as short
Hyperliquid IMX+0.0100%1h0.1512−0.023%$3.5M$293K5xas long as short
Binance IMXUSDT+0.0100%4h0.1507−0.347%$3.7M$5.9M75xas long as short
Bybit IMXUSDT+0.0100%4h0.1507−0.321%$3.9M$2.2M75xas long as short
OKX IMX-USDT-SWAP+0.0100%4h0.1508−0.294%$957K$1.7M20xas long as short
Gate IMX_USDT+0.0100%4h0.1507−0.347%$651K$141K50xas long as short
MEXC IMX_USDT+0.0100%4h0.1506−0.413%$2.8M$567K125xas long as short
KuCoin IMXUSDTM+0.0100%4h0.1508−0.281%$396K$128K50xas long as short
Bitget IMXUSDT+0.0100%4h0.1508−0.281%$1.3M$410K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IMX-USDT+0.0100%4h0.1507−0.347%$2.9Mas long as short
Variational Omni IMX+0.0100%4h0.1510−0.161%$94K$131Kas long as short
BloFin IMX-USDT+0.0340%4h0.1506−0.413%$191K$142K75xas long as short
dYdX IMX-USDshort+0.0549%1h0.1509−0.208%$26K$665x
Kraken Futures PF_IMXUSDlong+0.1337%1h0.1512long leg$115K$11K20x