Funding you earn now, next payment 03:00 UTC−0.0596%/8h= −65.3% APRpaid last 24h −0.126%
Price spread now: BingX against Deribit+0.047%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
The price spread pays, funding is against you. BingX is 0.047% dearer against Deribit than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INX_USDC-PERPETUAL | 0.006329 | 0.1174 | pay 0.0147% / 1h | 19m 30s | $57K | $20K | 10x |
| Short | BingX INX-USDT | 0.006332 | 0.0578 | get 0.0289% / 4h | 1h 19m | — | $6.5M | — |
Deribit INX_USDC-PERPETUAL
BingX INX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$125.17
- Price spread: +0.047% → 0.000%
- $4.74
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$137.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 7 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 9.47 bp | 50.9 bp −$51 | 147.8 bp −$1,478 | 1027.8 bp −$102.8K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1656% | 1h | 0.006083 | −3.887% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006320 | −0.142% | $1.6M | $70K | 25x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006339 | +0.158% | $394K | $100K | 25x | as long as short |
| Bybit INXUSDT | +0.0148% | 4h | 0.006337 | +0.126% | $815K | $385K | 13x | as long as short |
| KuCoin INXUSDTM | +0.0498% | 4h | 0.006338 | +0.142% | $287K | $54K | 20x | as long as short |
| BingX INX-USDTshort | +0.0578% | 4h | 0.006332 | +0.047% | — | $6.5M | — | |
| Extended INX-USD | +0.0640% | 1h | 0.006326 | −0.044% | $1K | $111K | 5x | as long as short |
| MEXC INX_USDT | +0.0640% | 4h | 0.006332 | +0.047% | $837K | $190K | 50x | as long as short |
| Binance INXUSDT | +0.0658% | 4h | 0.006328 | −0.016% | $2.1M | $1.5M | 25x | as long as short |
| Deribit INX_USDC-PERPETUALlong | +0.1174% | 1h | 0.006329 | long leg | $57K | $20K | 10x |
Coinbase International INX-PERP-INTX
Gate INX_USDT
Bitget INXUSDT
Bybit INXUSDT
KuCoin INXUSDTM
Extended INX-USD
MEXC INX_USDT
Binance INXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1182% | 4h | 0.006292 | −0.586% | $19K | $9K | 5x | as long as short |
Aster INXUSDT