IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1295%/8h= −141.8% APRnext payment −$1.62 per $10,000 · paid last 24h −0.394%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.114%52s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$39 a day on $10k at the current rate, and gTrade (Gains Network) is 0.114% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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	Kraken Futures PF_IMXUSD	0.1517	0.1291	pay 0.0161% / 1h	18m 21s	$115K	$11K	20x
Short	gTrade (Gains Network) IMX/USD	0.1516	L +0.0001% / S +0.0004%	pay 0.0001% / 1h	18m 21s	$2K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.114%Rate

Funding earned: −$272.03
Price spread: −0.114% → 0.000%: −$11.35
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$303.38
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 49 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 49 min ago	42.16 bp	119.7 bp −$120	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 14 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	−0.0232%	4h	0.1512	−0.369%	$95K	$131K	—	as long as short
gTrade (Gains Network) IMX/USDshort	L +0.0001% / S +0.0004%	1h	0.1516	−0.114%	$2K	—	150x
dYdX IMX-USD	+0.0014%	1h	0.1517	−0.039%	$27K	$2K	5x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	−0.153%	$559	$28K	5.5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1518	+0.071%	$3.5M	$283K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1513	−0.277%	$3.7M	$5.8M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1512	−0.351%	$3.8M	$2.2M	75x	as long as short
OKX IMX-USDT-SWAP	+0.0100%	4h	0.1513	−0.305%	$949K	$1.7M	20x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1511	−0.417%	$648K	$83K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1513	−0.285%	$2.6M	$587K	125x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IMXUSDTM	+0.0100%	4h	0.1511	−0.417%	$375K	$159K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1515	−0.153%	$1.3M	$399K	75x	as long as short
BingX IMX-USDT	+0.0100%	4h	0.1513	−0.285%	—	$2.9M	—	as long as short
Kraken Futures PF_IMXUSDlong	+0.1291%	1h	0.1517	long leg	$115K	$11K	20x