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−0.0942%/8h= −103.1% APRpaid last 24h −0.083%
Price spread now: Gate against Deribit−0.177%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 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 against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.177% cheaper against Deribit than usual: you would sell low and buy high (−$18 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-PERPETUAL0.0062010.1042pay 0.0130% / 1h18m 54s$56K$20K10x
ShortGate INX_USDT0.0061900.0100get 0.0050% / 4h2h 18m$1.6M$68K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$197.77
Price spread: −0.177% → 0.000%
−$17.74
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$237.51
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago8.07 bp76.0 bp −$76doesn'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%1h0.006083−1.903%$5K$5K50xas long as short
Gate INX_USDTshort+0.0100%4h0.006190−0.177%$1.6M$68K25x
Bitget INXUSDT+0.0100%4h0.006189−0.194%$393K$92K25xas long as short
Extended INX-USD+0.0624%1h0.006202+0.018%$3K$112K5xas long as short
Binance INXUSDT+0.0626%4h0.0062010.000%$2.1M$1.4M25xas long as short
MEXC INX_USDT+0.0634%4h0.006203+0.032%$804K$191K50xas long as short
Deribit INX_USDC-PERPETUALlong+0.1042%1h0.006201long leg$56K$20K10x
Aster INXUSDT+0.1230%4h0.006199−0.027%$19K$10K5xas long as short
KuCoin INXUSDTM+0.1242%4h0.006208+0.113%$294K$50K20xas long as short
Bybit INXUSDT+0.1297%4h0.006209+0.129%$795K$356K13xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INX-USDT+0.1416%4h0.006206+0.081%$6.5Mas long as short