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

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +38.9% APRnext payment +$1.78 per $10,000 · paid last 24h −0.073%
Price spread now: BingX against KuCoin−0.301%7-day average +0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,365as in the Price arb table
costs, in and out, $10k−$1,31413.144% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.449%+$45 on $10k
Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.301%, 7d avg +0.203%
Together, before fees+0.750%+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.503% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of +0.203%). If the spread goes back, that is −$50 on $10k: about 4.7 days of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INXUSDTM0.0063180.0156pay 0.0078% / 4h2h 00m$282K$54K20x
ShortBingX INX-USDT0.0062990.0512get 0.0256% / 4h2h 00m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$74.68
Price spread: −0.301% → +0.203%
−$50.34
Slippage, 4 orders
−$1,292.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,290.04
Costs to cover
13.144%
Break-even
127.9 days
Slippage from KuCoin: live order book, 57 min ago; BingX: live order book, 6 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 KuCoin live order book, 57 min ago32.40 bp770.7 bp −$771doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.28 bp52.8 bp −$53136.6 bp −$1,3661287.0 bp −$128.7K1491.9 bp −$746.0K

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−0.1504%1h0.006083−3.720%$5K$5K50xas long as short
Bitget INXUSDT+0.0100%4h0.006308−0.158%$400K$116K25xas long as short
KuCoin INXUSDTMlong+0.0156%4h0.006318long leg$282K$54K20x
Bybit INXUSDT+0.0297%4h0.006307−0.174%$821K$385K13xas long as short
Extended INX-USD+0.0496%1h0.006311−0.110%$1K$176K5xas long as short
Binance INXUSDT+0.0498%4h0.006305−0.206%$2.1M$1.6M25xas long as short
MEXC INX_USDT+0.0510%4h0.006301−0.269%$947K$219K50xas long as short
BingX INX-USDTshort+0.0512%4h0.006299−0.301%$6.5M
Aster INXUSDT+0.0841%4h0.006312−0.097%$19K$10K5xas long as short
Gate INX_USDT+0.1054%4h0.006290−0.443%$1.6M$69K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit INX_USDC-PERPETUAL+0.1183%1h0.006290−0.443%$58K$21K10xas long as short