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

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h +0.140%
Price spread now: Deribit against BingX−0.190%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 6 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 −$3 a day on $10k at the current rate, and Deribit is 0.190% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INX-USDT0.0063250.0802pay 0.0401% / 4h1h 08m$6.6M
ShortDeribit INX_USDC-PERPETUAL0.0063130.0701get 0.0088% / 1h8m 54s$58K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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
−$21.14
Price spread: −0.190% → 0.000%
−$18.97
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$57.12
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Deribit: 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 BingX live order book, 12 min ago7.96 bp55.1 bp −$55195.2 bp −$1,952doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.

INX on 11 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
Coinbase International INX-PERP-INTX−0.1416%1h0.006083−3.826%$5K$5K50xas long as short
Bitget INXUSDT+0.0100%4h0.006300−0.395%$401K$116K25xas long as short
KuCoin INXUSDTM+0.0108%4h0.006295−0.474%$282K$52K20xas long as short
Gate INX_USDT+0.0450%4h0.006290−0.553%$1.6M$67K25xas long as short
MEXC INX_USDT+0.0490%4h0.006321−0.063%$948K$220K50xas long as short
Binance INXUSDT+0.0534%4h0.006321−0.065%$2.1M$1.6M25xas long as short
Extended INX-USD+0.0536%1h0.006318−0.106%$3K$177K5xas long as short
Deribit INX_USDC-PERPETUALshort+0.0701%1h0.006313−0.190%$58K$21K10x
Aster INXUSDT+0.0772%4h0.006304−0.326%$19K$12K5xas long as short
BingX INX-USDTlong+0.0802%4h0.006325long leg$6.6M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INXUSDT+0.0822%4h0.006324−0.016%$829K$382K13xas long as short