Funding you earn now, next payment 04:00 UTC+0.0548%/8h= +60.0% APRnext payment +$2.74 per $10,000 · paid last 24h −0.064%
Price spread now: Binance against Gate+0.016%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2832.829% of the position
Funding, last 7 days−0.974%−$97 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now +0.016%, 7d avg +0.121%
=Funding pays, the price is against you. Binance is 0.105% cheaper against Gate than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.121%). If the spread goes back, that is −$11 on $10k: about 15 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.974%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INX_USDT | 0.006310 | 0.0120 | pay 0.0060% / 4h | 58m 09s | $1.6M | $69K | 25x |
| Short | Binance INXUSDT | 0.006311 | 0.0668 | get 0.0334% / 4h | 58m 09s | $2.1M | $1.5M | 25x |
Gate INX_USDT
Binance INXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $115.1
- Price spread: +0.016% → +0.121%
- −$10.5
- Slippage, 4 orders
- −$257.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$178.3
- Costs to cover
- 2.829%
- Break-even
- 17.8 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 6 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 Gate live order book, 4 min ago | 15.85 bp | 88.9 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.95 bp | 43.6 bp −$44 | 196.6 bp −$1,966 | 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 | −3.597% | $5K | $5K | 50x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006322 | +0.190% | $393K | $107K | 25x | as long as short |
| Gate INX_USDTlong | +0.0120% | 4h | 0.006310 | long leg | $1.6M | $69K | 25x | |
| KuCoin INXUSDTM | +0.0182% | 4h | 0.006315 | +0.079% | $285K | $54K | 20x | as long as short |
| Bybit INXUSDT | +0.0276% | 4h | 0.006322 | +0.190% | $813K | $384K | 13x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0543% | 1h | 0.006313 | +0.048% | $57K | $20K | 10x | as long as short |
| Binance INXUSDTshort | +0.0668% | 4h | 0.006311 | +0.016% | $2.1M | $1.5M | 25x | |
| Extended INX-USD | +0.0672% | 1h | 0.006313 | +0.053% | $3K | $108K | 5x | as long as short |
| MEXC INX_USDT | +0.0680% | 4h | 0.006316 | +0.095% | $903K | $208K | 50x | as long as short |
| BingX INX-USDT | +0.0684% | 4h | 0.006321 | +0.174% | — | $6.5M | — | as long as short |
Coinbase International INX-PERP-INTX
Bitget INXUSDT
KuCoin INXUSDTM
Bybit INXUSDT
Deribit INX_USDC-PERPETUAL
Extended INX-USD
MEXC INX_USDT
BingX INX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1183% | 4h | 0.006312 | +0.028% | $19K | $9K | 5x | as long as short |
Aster INXUSDT