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+0.0436%/8h= +47.7% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.076%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3053.046% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.527%−$53 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.076%, 7d avg +0.094%
Together, before fees−0.556%+ Points / potential airdropExtended: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.527%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INX-USD0.0061880.0584pay 0.0073% / 1h12m 11s$3K$112K5x
ShortBybit INXUSDT0.0061930.1020get 0.0510% / 4h2h 12m$792K$361K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
$91.55
Price spread: +0.076% → +0.094%
−$1.76
Slippage, 4 orders
−$288.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$214.78
Costs to cover
3.046%
Break-even
23.4 days
Slippage from Extended: live order book, 53 min ago; Bybit: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 53 min ago9.65 bp91.4 bp −$91694.4 bp −$6,944doesn't fitdoesn't fit
Sell Bybit live order book, 53 min ago4.01 bp70.5 bp −$71doesn't fitdoesn't fitdoesn't fit

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%1h0.006083−1.701%$5K$5K50xas long as short
Gate INX_USDT+0.0100%4h0.006180−0.134%$1.6M$70K25xas long as short
Bitget INXUSDT+0.0100%4h0.006190+0.028%$388K$97K25xas long as short
Deribit INX_USDC-PERPETUAL+0.0397%1h0.006185−0.053%$56K$20K10xas long as short
Binance INXUSDT+0.0581%4h0.006195+0.103%$2.1M$1.4M25xas long as short
Extended INX-USDlong+0.0584%1h0.006188long leg$3K$112K5x
MEXC INX_USDT+0.0590%4h0.006192+0.060%$802K$191K50xas long as short
Bybit INXUSDTshort+0.1020%4h0.006193+0.076%$792K$361K13x
BingX INX-USDT+0.1034%4h0.006197+0.141%$6.5Mas long as short
KuCoin INXUSDTM+0.1132%4h0.006186−0.037%$293K$51K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INXUSDT+0.1166%4h0.006195+0.109%$19K$10K5xas long as short