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

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INX_USDC-PERPETUAL0.0063300.1015pay 0.0127% / 1h43m 28s$58K$21K10x
ShortCoinbase International INX-PERP-INTX0.006083−0.1504pay 0.0188% / 1h43m 28s$5K$5K50x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International INX-PERP-INTXshort−0.1504%1h0.006083−3.902%$5K$5K50x
Bitget INXUSDT+0.0100%4h0.006341+0.174%$402K$109K25xas long as short
KuCoin INXUSDTM+0.0308%4h0.0063300.000%$282K$54K20xas long as short
Bybit INXUSDT+0.0315%4h0.006339+0.142%$824K$383K13xas long as short
BingX INX-USDT+0.0670%4h0.006340+0.158%$6.5Mas long as short
Binance INXUSDT+0.0740%4h0.006335+0.079%$2.1M$1.5M25xas long as short
MEXC INX_USDT+0.0750%4h0.006338+0.126%$936K$214K50xas long as short
Extended INX-USD+0.0752%1h0.006337+0.111%$5K$182K5xas long as short
Deribit INX_USDC-PERPETUALlong+0.1015%1h0.006330long leg$58K$21K10x
Aster INXUSDT+0.1136%4h0.006335+0.072%$19K$10K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INX_USDT+0.1506%4h0.006320−0.158%$1.6M$66K25xas long as short