Funding you earn now, next payment 00:00 UTC−0.2702%/8h= −295.9% APRpaid last 24h −0.089%
Price spread now: Coinbase International against Bybit−1.649%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$81 a day on $10k at the current rate, and Coinbase International is 1.649% cheaper against Bybit than usual: you would sell low and buy high (−$165 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INXUSDT | 0.006185 | 0.0646 | pay 0.0323% / 4h | 3h 44m | $787K | $373K | 13x |
| Short | Coinbase International INX-PERP-INTX | 0.006083 | −0.2056 | pay 0.0257% / 1h | 44m 04s | $5K | $6K | 50x |
Bybit INXUSDT
Coinbase International INX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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
- −$567.42
- Price spread: −1.649% → 0.000%
- −$164.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$753.33
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 26 min ago; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 26 min ago | 3.24 bp | 68.1 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTXshort | −0.2056% | 1h | 0.006083 | −1.649% | $5K | $6K | 50x | |
| Binance INXUSDT | +0.0100% | 4h | 0.006175 | −0.162% | $2.0M | $1.4M | 25x | as long as short |
| MEXC INX_USDT | +0.0100% | 4h | 0.006176 | −0.146% | $800K | $187K | 50x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006170 | −0.243% | $387K | $86K | 25x | as long as short |
| BingX INX-USDT | +0.0100% | 4h | 0.006179 | −0.097% | — | $6.5M | — | as long as short |
| Extended INX-USD | +0.0104% | 1h | 0.006173 | −0.201% | $4K | $146K | 5x | as long as short |
| Gate INX_USDT | +0.0162% | 4h | 0.006160 | −0.404% | $1.6M | $70K | 25x | as long as short |
| Aster INXUSDT | +0.0292% | 4h | 0.006162 | −0.374% | $18K | $10K | 5x | as long as short |
| Bybit INXUSDTlong | +0.0646% | 4h | 0.006185 | long leg | $787K | $373K | 13x | |
| Deribit INX_USDC-PERPETUAL | +0.0886% | 1h | 0.006169 | −0.259% | $56K | $20K | 10x | as long as short |
Binance INXUSDT
MEXC INX_USDT
Bitget INXUSDT
BingX INX-USDT
Extended INX-USD
Gate INX_USDT
Aster INXUSDT
Deribit INX_USDC-PERPETUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INXUSDTM | +0.2052% | 4h | 0.006167 | −0.291% | $293K | $80K | 20x | as long as short |
KuCoin INXUSDTM