Funding you earn now, next payment 00:00 UTC+0.2272%/8h= +248.8% APRpaid last 24h +0.089%
Price spread now: Bybit against Coinbase International+1.660%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$68 a day on $10k at the current rate, and Bybit is 1.660% dearer against Coinbase International than usual: you sell high and buy low: +$166 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INX-PERP-INTX | 0.006083 | −0.2056 | get 0.0257% / 1h | 44m 45s | $5K | $6K | 50x |
| Short | Bybit INXUSDT | 0.006184 | 0.0216 | get 0.0108% / 4h | 3h 44m | $787K | $373K | 13x |
Coinbase International INX-PERP-INTX
Bybit INXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- $477.18
- Price spread: +1.660% → 0.000%
- $166.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $622.22
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 25 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 25 min ago | 3.24 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
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-INTXlong | −0.2056% | 1h | 0.006083 | long leg | $5K | $6K | 50x | |
| Binance INXUSDT | +0.0100% | 4h | 0.006177 | +1.539% | $2.0M | $1.4M | 25x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006160 | +1.266% | $1.6M | $70K | 25x | as long as short |
| MEXC INX_USDT | +0.0100% | 4h | 0.006177 | +1.545% | $801K | $187K | 50x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006170 | +1.430% | $387K | $86K | 25x | as long as short |
| BingX INX-USDT | +0.0100% | 4h | 0.006181 | +1.611% | — | $6.5M | — | as long as short |
| Extended INX-USD | +0.0104% | 1h | 0.006175 | +1.519% | $4K | $146K | 5x | as long as short |
| Bybit INXUSDTshort | +0.0216% | 4h | 0.006184 | +1.660% | $787K | $373K | 13x | |
| Aster INXUSDT | +0.0272% | 4h | 0.006160 | +1.264% | $18K | $10K | 5x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0723% | 1h | 0.006171 | +1.447% | $56K | $20K | 10x | as long as short |
Binance INXUSDT
Gate INX_USDT
MEXC INX_USDT
Bitget INXUSDT
BingX INX-USDT
Extended INX-USD
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 | +0.2022% | 4h | 0.006167 | +1.381% | $293K | $80K | 20x | as long as short |
KuCoin INXUSDTM