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−0.0986%/8h= −108.0% APRnext payment $4.93 per $10,000 · paid last 24h −0.031%
Price spread now: Gate against KuCoin−0.065%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,819as in the Price arb table
costs, in and out, $10k−$1,81718.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.396%+$140 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.065%, 7d avg −0.036%
Together, before fees+1.258%+$126 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Gate is 0.029% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.396%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INXUSDTM0.0061940.1086pay 0.0543% / 4h2h 09m$293K$51K20x
ShortGate INX_USDT0.0061900.0100get 0.0050% / 4h2h 09m$1.6M$70K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$207.06
Price spread: −0.065% → −0.036%
−$2.87
Slippage, 4 orders
−$1,789.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,026.48
Costs to cover
18.165%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 min ago; Gate: live order book, 3 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, 27 min ago22.62 bp1098.6 bp −$1,099doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago16.16 bp87.8 bp −$88doesn'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%1h0.006083−1.792%$5K$5K50xas long as short
Deribit INX_USDC-PERPETUAL0.0000%1h0.006188−0.097%$56K$20K10xas long as short
Gate INX_USDTshort+0.0100%4h0.006190−0.065%$1.6M$70K25x
Bitget INXUSDT+0.0100%4h0.006190−0.065%$388K$97K25xas long as short
Binance INXUSDT+0.0561%4h0.006196+0.035%$2.1M$1.4M25xas long as short
Extended INX-USD+0.0568%1h0.006193−0.015%$3K$112K5xas long as short
MEXC INX_USDT+0.0570%4h0.006190−0.065%$801K$191K50xas long as short
Bybit INXUSDT+0.0919%4h0.006197+0.048%$791K$362K13xas long as short
BingX INX-USDT+0.1034%4h0.0061940.000%$6.5Mas long as short
KuCoin INXUSDTMlong+0.1086%4h0.006194long leg$293K$51K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INXUSDT+0.1139%4h0.006198+0.065%$19K$10K5xas long as short