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

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.2942%/8h= +322.1% APRnext payment +$3.68 per $10,000 · paid last 24h +0.224%
Price spread now: Deribit against Coinbase International+1.414%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$88 a day on $10k at the current rate, and Deribit is 1.414% dearer against Coinbase International than usual: you sell high and buy low: +$141 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International INX-PERP-INTX0.006083−0.2056get 0.0257% / 1h43m 44s$5K$6K50x
ShortDeribit INX_USDC-PERPETUAL0.0061690.0886get 0.0111% / 1h43m 44s$56K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$617.82
Price spread: +1.414% → 0.000%
$141.38
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$742.2
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample
Sell Deribit no order-book sample
Coinbase International and 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-INTXlong−0.2056%1h0.006083long leg$5K$6K50x
Binance INXUSDT+0.0100%4h0.006178+1.560%$2.0M$1.4M25xas long as short
MEXC INX_USDT+0.0100%4h0.006174+1.496%$800K$187K50xas long as short
Bitget INXUSDT+0.0100%4h0.006170+1.430%$387K$86K25xas long as short
BingX INX-USDT+0.0100%4h0.006181+1.611%$6.5Mas long as short
Extended INX-USD+0.0104%1h0.006174+1.489%$4K$146K5xas long as short
Gate INX_USDT+0.0162%4h0.006170+1.430%$1.6M$70K25xas long as short
Aster INXUSDT+0.0327%4h0.006163+1.312%$18K$10K5xas long as short
Bybit INXUSDT+0.0646%4h0.006185+1.677%$787K$373K13xas long as short
Deribit INX_USDC-PERPETUALshort+0.0886%1h0.006169+1.414%$56K$20K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INXUSDTM+0.2052%4h0.006167+1.381%$293K$80K20xas long as short