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

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1522%/8h= +166.6% APRpaid last 24h −0.135%
Price spread now: Bybit against Deribit+0.178%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 6 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 +$46 a day on $10k at the current rate, and Bybit is 0.178% dearer against Deribit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INX_USDC-PERPETUAL0.0061700.0561pay 0.0070% / 1h57m 09s$56K$20K10x
ShortBybit INXUSDT0.0061810.2083get 0.1041% / 4h2h 57m$788K$360K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Deribit. 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
$319.53
Price spread: +0.178% → 0.000%
$17.83
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$319.36
Costs to cover
0.180%
Break-even
0.0 days
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 8 min ago. 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 Deribit no order-book sample
Sell Bybit live order book, 8 min ago4.01 bp70.5 bp −$71doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International INX-PERP-INTX−0.1776%1h0.006083−1.410%$5K$6K50xas long as short
Bitget INXUSDT+0.0100%4h0.006174+0.065%$387K$86K25xas long as short
Gate INX_USDT+0.0440%4h0.0061700.000%$1.6M$67K25xas long as short
Deribit INX_USDC-PERPETUALlong+0.0561%1h0.006170long leg$56K$20K10x
Extended INX-USD+0.0760%1h0.006178+0.134%$1K$109K5xas long as short
Binance INXUSDT+0.0763%4h0.006176+0.097%$2.0M$1.4M25xas long as short
MEXC INX_USDT+0.0772%4h0.006176+0.097%$804K$187K50xas long as short
Aster INXUSDT+0.1315%4h0.006177+0.111%$18K$10K5xas long as short
KuCoin INXUSDTM+0.1818%4h0.006189+0.308%$294K$80K20xas long as short
Bybit INXUSDTshort+0.2083%4h0.006181+0.178%$788K$360K13x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INX-USDT+0.2736%4h0.006176+0.097%$6.5Mas long as short