Funding arb · Price arb /

INX

all INX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h +0.058%

Price spread now: Gate against Extended−0.117%7-day average −0.188% · you buy dearer than you sell

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$352as in the Price arb table

costs, in and out, $10k−$3593.590% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.891%+$89 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.117%, 7d avg −0.188%

Together, before fees+0.735%+ Points / potential airdropExtended: Active · farm board+$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.071% dearer against Extended than usual: you sell high and buy low (spread −0.117% now, against its 7-day average of −0.188%): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.891%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended INX-USD	0.006307	0.0672	pay 0.0084% / 1h	57m 36s	$3K	$108K	5x
Short	Gate INX_USDT	0.006300	0.0112	get 0.0056% / 4h	57m 36s	$1.6M	$69K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee ExtendedbpFee GatebpOrdersPrice spread, now −0.117%Rate

Funding earned: −$117.6
Price spread: −0.117% → −0.188%: $7.12
Slippage, 4 orders: −$339.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$469.49
Costs to cover: 3.590%
Break-even: never at this rate

Slippage from Extended: live order book, 63 min ago; Gate: live order book, 5 min ago.

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 Extended live order book, 63 min ago	7.26 bp	69.1 bp −$69	649.4 bp −$6,494	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	15.85 bp	102.7 bp −$103	doesn't fit	doesn't fit	doesn't fit

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	−0.1576%	1h	0.006083	−3.557%	$5K	$5K	50x	as long as short
Bitget INXUSDT	+0.0100%	4h	0.006317	+0.153%	$392K	$107K	25x	as long as short
Gate INX_USDTshort	+0.0112%	4h	0.006300	−0.117%	$1.6M	$69K	25x
KuCoin INXUSDTM	+0.0170%	4h	0.006315	+0.121%	$285K	$54K	20x	as long as short
Bybit INXUSDT	+0.0279%	4h	0.006319	+0.185%	$812K	$384K	13x	as long as short
Deribit INX_USDC-PERPETUAL	+0.0543%	1h	0.006313	+0.089%	$57K	$20K	10x	as long as short
Binance INXUSDT	+0.0655%	4h	0.006310	+0.040%	$2.1M	$1.5M	25x	as long as short
MEXC INX_USDT	+0.0668%	4h	0.006308	+0.010%	$901K	$208K	50x	as long as short
Extended INX-USDlong	+0.0672%	1h	0.006307	long leg	$3K	$108K	5x
BingX INX-USDT	+0.0682%	4h	0.006312	+0.074%	—	$6.5M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster INXUSDT	+0.1167%	4h	0.006311	+0.054%	$19K	$9K	5x	as long as short