Settings8H · net · $10k
Funding arb · Price arb /

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment $0.43 per $10,000 · paid last 24h −0.032%
Price spread now: BingX against Gate+0.095%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$382as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2872.867% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.957%−$96 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.095%, 7d avg +0.132%
Together, before fees−0.949%−$95 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.037% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.132%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate INX_USDT0.0063000.0466pay 0.0233% / 4h6m 40s$1.6M$72K25x
ShortBingX INX-USDT0.0063060.0380get 0.0190% / 4h6m 40s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
−$18.06
Price spread: +0.095% → +0.132%
−$3.72
Slippage, 4 orders
−$261.7
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$308.48
Costs to cover
2.867%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 5 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 Gate live order book, 1 min ago7.93 bp95.8 bp −$96doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago7.11 bp47.8 bp −$48127.8 bp −$1,2781116.8 bp −$111.7Kdoesn'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−0.1576%1h0.006083−3.444%$5K$5K50xas long as short
Deribit INX_USDC-PERPETUAL0.0000%1h0.006295−0.079%$57K$20K10xas long as short
Bitget INXUSDT+0.0100%4h0.006312+0.190%$396K$112K25xas long as short
KuCoin INXUSDTM+0.0134%4h0.006309+0.143%$280K$55K20xas long as short
Binance INXUSDT+0.0316%4h0.006301+0.016%$2.1M$1.6M25xas long as short
Extended INX-USD+0.0328%1h0.006301+0.020%$1K$102K5xas long as short
MEXC INX_USDT+0.0328%4h0.006305+0.079%$903K$216K50xas long as short
Bybit INXUSDT+0.0331%4h0.006307+0.111%$807K$397K13xas long as short
BingX INX-USDTshort+0.0380%4h0.006306+0.095%$6.5M
Gate INX_USDTlong+0.0466%4h0.006300long leg$1.6M$72K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INXUSDT+0.0728%4h0.006303+0.048%$19K$10K5xas long as short