Funding you earn now, next payment 05:00 UTC−0.2519%/8h= −275.9% APRnext payment −$3.15 per $10,000 · paid last 24h −0.341%
Price spread now: Coinbase International against Deribit−3.902%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 −$76 a day on $10k at the current rate, and Coinbase International is 3.902% cheaper against Deribit than usual: you would sell low and buy high (−$390 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 | Deribit INX_USDC-PERPETUAL | 0.006330 | 0.1015 | pay 0.0127% / 1h | 43m 28s | $58K | $21K | 10x |
| Short | Coinbase International INX-PERP-INTX | 0.006083 | −0.1504 | pay 0.0188% / 1h | 43m 28s | $5K | $5K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$529.08
- Price spread: −3.902% → 0.000%
- −$390.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$936.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Deribit and 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 | −0.1504% | 1h | 0.006083 | −3.902% | $5K | $5K | 50x | |
| Bitget INXUSDT | +0.0100% | 4h | 0.006341 | +0.174% | $402K | $109K | 25x | as long as short |
| KuCoin INXUSDTM | +0.0308% | 4h | 0.006330 | 0.000% | $282K | $54K | 20x | as long as short |
| Bybit INXUSDT | +0.0315% | 4h | 0.006339 | +0.142% | $824K | $383K | 13x | as long as short |
| BingX INX-USDT | +0.0670% | 4h | 0.006340 | +0.158% | — | $6.5M | — | as long as short |
| Binance INXUSDT | +0.0740% | 4h | 0.006335 | +0.079% | $2.1M | $1.5M | 25x | as long as short |
| MEXC INX_USDT | +0.0750% | 4h | 0.006338 | +0.126% | $936K | $214K | 50x | as long as short |
| Extended INX-USD | +0.0752% | 1h | 0.006337 | +0.111% | $5K | $182K | 5x | as long as short |
| Deribit INX_USDC-PERPETUALlong | +0.1015% | 1h | 0.006330 | long leg | $58K | $21K | 10x | |
| Aster INXUSDT | +0.1136% | 4h | 0.006335 | +0.072% | $19K | $10K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INX_USDT | +0.1506% | 4h | 0.006320 | −0.158% | $1.6M | $66K | 25x | as long as short |
Deribit INX_USDC-PERPETUAL
Coinbase International INX-PERP-INTX
Bitget INXUSDT
KuCoin INXUSDTM
Bybit INXUSDT
BingX INX-USDT
Binance INXUSDT
MEXC INX_USDT
Extended INX-USD
Aster INXUSDT
Gate INX_USDT