IMX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.010%

Price spread now: BingX against OKX−0.119%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

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

Long on OKX Short on BingX

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+0.077%+$8 · spread now −0.119%, 7d avg −0.011%

Together, before fees+0.125%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.109% cheaper against OKX than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.011%). If the spread goes back, that is −$11 on $10k: about 6.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.048% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX IMX-USDT-SWAP	0.1508	0.0043	pay 0.0022% / 4h	23m 49s	$941K	$1.6M	20x
Short	BingX IMX-USDT	0.1506	0.0100	get 0.0050% / 4h	23m 49s	—	$2.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.119%Rate

Funding earned: $11.92
Price spread: −0.119% → −0.011%: −$10.88
Slippage, 4 orders: −$96.27
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$115.23
Costs to cover: 1.163%
Break-even: 74.6 days

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 10 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 OKX live order book, 3 min ago	0.66 bp	30.9 bp −$31	1717.7 bp −$17.2K	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	6.66 bp	27.7 bp −$28	56.2 bp −$562	324.7 bp −$32.5K	927.0 bp −$463.5K

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	−0.171%	$94K	$131K	—	as long as short
gTrade (Gains Network) IMX/USD	L +0.0001% / S +0.0004%	1h	0.1509	+0.054%	$2K	—	150x	as long as short
Injective IMX/USDC PERP	+0.0033%	1h	0.1515	+0.478%	$559	$28K	5.5x	as long as short
OKX IMX-USDT-SWAPlong	+0.0043%	4h	0.1508	long leg	$941K	$1.6M	20x
dYdX IMX-USD	+0.0086%	1h	0.1511	+0.193%	$26K	$3K	5x	as long as short
Hyperliquid IMX	+0.0100%	1h	0.1511	+0.239%	$3.5M	$289K	5x	as long as short
Binance IMXUSDT	+0.0100%	4h	0.1508	+0.013%	$3.6M	$5.7M	75x	as long as short
Bybit IMXUSDT	+0.0100%	4h	0.1504	−0.252%	$3.8M	$2.1M	75x	as long as short
Gate IMX_USDT	+0.0100%	4h	0.1505	−0.186%	$645K	$81K	50x	as long as short
MEXC IMX_USDT	+0.0100%	4h	0.1507	−0.053%	$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	−0.053%	$378K	$161K	50x	as long as short
Bitget IMXUSDT	+0.0100%	4h	0.1507	−0.053%	$1.3M	$403K	75x	as long as short
BingX IMX-USDTshort	+0.0100%	4h	0.1506	−0.119%	—	$2.9M	—
BloFin IMX-USDT	+0.0340%	4h	0.1510	+0.146%	$188K	$124K	75x	as long as short
Kraken Futures PF_IMXUSD	+0.1077%	1h	0.1512	+0.308%	$115K	$10K	20x	as long as short