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

INX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0934%/8h= +102.3% APRnext payment +$4.67 per $10,000 · paid last 24h +0.055%
Price spread now: BingX against Bitget+0.145%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.486%+$49 on $10k
Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.145%, 7d avg +0.095%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.095%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.486% in total (about 25.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INXUSDT0.0061870.0100pay 0.0050% / 4h2h 12m$388K$97K25x
ShortBingX INX-USDT0.0061960.1034get 0.0517% / 4h2h 12m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$196.14
Price spread: +0.145% → +0.095%
$5.09
Slippage, 4 orders
−$163.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$16.18
Costs to cover
1.851%
Break-even
6.4 days
Slippage from Bitget: live order book, 48 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 48 min ago12.97 bp55.0 bp −$55409.3 bp −$4,093doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago6.45 bp43.0 bp −$43148.7 bp −$1,4871049.4 bp −$104.9Kdoesn't fit

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−0.1776%1h0.006083−1.681%$5K$5K50xas long as short
Gate INX_USDT+0.0100%4h0.006180−0.113%$1.6M$69K25xas long as short
Bitget INXUSDTlong+0.0100%4h0.006187long leg$388K$97K25x
Binance INXUSDT+0.0581%4h0.006188+0.012%$2.1M$1.4M25xas long as short
MEXC INX_USDT+0.0590%4h0.006184−0.048%$801K$191K50xas long as short
Extended INX-USD+0.0592%1h0.006188+0.014%$3K$112K5xas long as short
Deribit INX_USDC-PERPETUAL+0.0879%1h0.006208+0.339%$56K$20K10xas long as short
Bybit INXUSDT+0.1020%4h0.006193+0.097%$792K$361K13xas long as short
BingX INX-USDTshort+0.1034%4h0.006196+0.145%$6.5M
KuCoin INXUSDTM+0.1132%4h0.006197+0.162%$293K$51K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INXUSDT+0.1166%4h0.006190+0.056%$18K$10K5xas long as short