Funding you earn now, next payment 04:00 UTC+0.0481%/8h= +52.7% APRnext payment +$2.40 per $10,000 · paid last 24h +0.022%
Price spread now: Binance against Bitget+0.012%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1801.804% of the position
Funding, last 7 days+0.470%+$47 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.012%, 7d avg +0.067%
=Funding pays, the price is against you. Binance is 0.054% cheaper against Bitget than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.067%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.470% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INXUSDT | 0.006187 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $388K | $97K | 25x |
| Short | Binance INXUSDT | 0.006188 | 0.0581 | get 0.0290% / 4h | 2h 12m | $2.1M | $1.4M | 25x |
Bitget INXUSDT
Binance INXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $100.99
- Price spread: +0.012% → +0.067%
- −$5.41
- Slippage, 4 orders
- −$158.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.79
- Costs to cover
- 1.804%
- Break-even
- 12.9 days
Slippage from Bitget: live order book, 48 min ago; Binance: live order book, 7 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 Bitget live order book, 48 min ago | 12.97 bp | 55.0 bp −$55 | 409.3 bp −$4,093 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.22 bp | 45.2 bp −$45 | 254.6 bp −$2,546 | 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 | −0.1776% | 1h | 0.006083 | −1.681% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006180 | −0.113% | $1.6M | $69K | 25x | as long as short |
| Bitget INXUSDTlong | +0.0100% | 4h | 0.006187 | long leg | $388K | $97K | 25x | |
| Binance INXUSDTshort | +0.0581% | 4h | 0.006188 | +0.012% | $2.1M | $1.4M | 25x | |
| MEXC INX_USDT | +0.0590% | 4h | 0.006184 | −0.048% | $801K | $191K | 50x | as long as short |
| Extended INX-USD | +0.0592% | 1h | 0.006188 | +0.014% | $3K | $112K | 5x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0879% | 1h | 0.006208 | +0.339% | $56K | $20K | 10x | as long as short |
| Bybit INXUSDT | +0.1020% | 4h | 0.006193 | +0.097% | $792K | $361K | 13x | as long as short |
| BingX INX-USDT | +0.1034% | 4h | 0.006196 | +0.145% | — | $6.5M | — | as long as short |
| KuCoin INXUSDTM | +0.1132% | 4h | 0.006197 | +0.162% | $293K | $51K | 20x | as long as short |
Coinbase International INX-PERP-INTX
Gate INX_USDT
MEXC INX_USDT
Extended INX-USD
Deribit INX_USDC-PERPETUAL
Bybit INXUSDT
BingX INX-USDT
KuCoin INXUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1166% | 4h | 0.006190 | +0.056% | $18K | $10K | 5x | as long as short |
Aster INXUSDT