Funding you earn now, next payment 04:00 UTC−0.0216%/8h= −23.6% APRnext payment −$1.08 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against Binance+0.143%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2302.305% of the position
Funding, last 7 days−0.470%−$47 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.143%, 7d avg −0.066%
=The price spread pays, funding is against you. Bitget is 0.209% dearer against Binance than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.066%): +$21 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INXUSDT | 0.006303 | 0.0316 | pay 0.0158% / 4h | 6m 33s | $2.1M | $1.6M | 25x |
| Short | Bitget INXUSDT | 0.006312 | 0.0100 | get 0.0050% / 4h | 6m 33s | $396K | $112K | 25x |
Binance INXUSDT
Bitget INXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$45.35
- Price spread: +0.143% → −0.066%
- $20.87
- Slippage, 4 orders
- −$208.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$254.95
- Costs to cover
- 2.305%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 44 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 Binance live order book, 13 min ago | 4.75 bp | 52.4 bp −$52 | 338.2 bp −$3,382 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 44 min ago | 10.26 bp | 52.5 bp −$53 | 403.0 bp −$4,030 | doesn't fit | doesn't fit |
INX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1576% | 1h | 0.006083 | −3.490% | $5K | $5K | 50x | as long as short |
| Deribit INX_USDC-PERPETUAL | 0.0000% | 1h | 0.006295 | −0.127% | $57K | $20K | 10x | as long as short |
| Bitget INXUSDTshort | +0.0100% | 4h | 0.006312 | +0.143% | $396K | $112K | 25x | |
| KuCoin INXUSDTM | +0.0134% | 4h | 0.006309 | +0.095% | $280K | $55K | 20x | as long as short |
| Binance INXUSDTlong | +0.0316% | 4h | 0.006303 | long leg | $2.1M | $1.6M | 25x | |
| Bybit INXUSDT | +0.0319% | 4h | 0.006306 | +0.048% | $807K | $397K | 13x | as long as short |
| Extended INX-USD | +0.0328% | 1h | 0.006301 | −0.028% | $1K | $102K | 5x | as long as short |
| MEXC INX_USDT | +0.0328% | 4h | 0.006304 | +0.016% | $903K | $216K | 50x | as long as short |
| BingX INX-USDT | +0.0380% | 4h | 0.006306 | +0.048% | — | $6.5M | — | as long as short |
| Gate INX_USDT | +0.0466% | 4h | 0.006300 | −0.048% | $1.6M | $72K | 25x | as long as short |
Coinbase International INX-PERP-INTX
Deribit INX_USDC-PERPETUAL
KuCoin INXUSDTM
Bybit INXUSDT
Extended INX-USD
MEXC INX_USDT
BingX INX-USDT
Gate INX_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.0728% | 4h | 0.006302 | −0.020% | $19K | $10K | 5x | as long as short |
Aster INXUSDT