Funding you earn now, next payment 09:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h −0.072%
Price spread now: KuCoin against Deribit+0.096%7-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. KuCoin is 0.096% dearer against Deribit than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INX_USDC-PERPETUAL | 0.006256 | 0.0870 | pay 0.0109% / 1h | 39m 18s | $57K | $21K | 10x |
| Short | KuCoin INXUSDTM | 0.006262 | 0.0100 | get 0.0050% / 4h | 3h 39m | $279K | $49K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$161.74
- Price spread: +0.096% → 0.000%
- $9.59
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.15
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 53 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 KuCoin live order book, 53 min ago | 22.31 bp | 753.1 bp −$753 | doesn't fit | doesn't fit | 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 | −0.1328% | 1h | 0.006083 | −2.765% | $5K | $5K | 50x | as long as short |
| Bybit INXUSDT | +0.0100% | 4h | 0.006266 | +0.160% | $807K | $379K | 13x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006260 | +0.064% | $1.6M | $67K | 25x | as long as short |
| KuCoin INXUSDTMshort | +0.0100% | 4h | 0.006262 | +0.096% | $279K | $49K | 20x | |
| Bitget INXUSDT | +0.0100% | 4h | 0.006259 | +0.048% | $398K | $116K | 25x | as long as short |
| Extended INX-USD | +0.0760% | 1h | 0.006259 | +0.052% | $2K | $214K | 5x | as long as short |
| Binance INXUSDT | +0.0760% | 4h | 0.006261 | +0.079% | $2.1M | $1.6M | 25x | as long as short |
| BingX INX-USDT | +0.0766% | 4h | 0.006262 | +0.096% | — | $6.6M | — | as long as short |
| MEXC INX_USDT | +0.0776% | 4h | 0.006259 | +0.048% | $959K | $216K | 50x | as long as short |
| Deribit INX_USDC-PERPETUALlong | +0.0870% | 1h | 0.006256 | long leg | $57K | $21K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1091% | 4h | 0.006259 | +0.046% | $19K | $12K | 5x | as long as short |
Deribit INX_USDC-PERPETUAL
KuCoin INXUSDTM
Coinbase International INX-PERP-INTX
Bybit INXUSDT
Gate INX_USDT
Bitget INXUSDT
Extended INX-USD
Binance INXUSDT
BingX INX-USDT
MEXC INX_USDT
Aster INXUSDT