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−0.0284%/8h= −31.1% APRnext payment $1.42 per $10,000 · paid last 24h +0.094%
Price spread now: KuCoin against MEXC+0.079%7-day average −0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,166as in the Price arb table
costs, in and out, $10k−$1,19211.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.413%−$41 on $10k
Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.079%, 7d avg −0.178%
Together, before fees−0.733%−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.257% dearer against MEXC than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.178%): +$26 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC INX_USDT0.0063330.0708pay 0.0354% / 4h1h 14m$855K$194K50x
ShortKuCoin INXUSDTM0.0063380.0424get 0.0212% / 4h1h 14m$287K$53K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
−$59.64
Price spread: +0.079% → −0.178%
$25.68
Slippage, 4 orders
−$1,175.94
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,225.9
Costs to cover
11.919%
Break-even
never at this rate
Slippage from MEXC: live order book, 41 min ago; KuCoin: live order book, 7 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 MEXC live order book, 41 min ago5.60 bp35.1 bp −$3587.3 bp −$873258.0 bp −$25.8K682.4 bp −$341.2K
Sell KuCoin live order book, 7 min ago20.55 bp369.8 bp −$370doesn'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−0.1656%1h0.006083−3.948%$5K$5K50xas long as short
Bybit INXUSDT+0.0100%4h0.006337+0.063%$815K$379K13xas long as short
Gate INX_USDT+0.0100%4h0.006320−0.205%$1.6M$70K25xas long as short
Bitget INXUSDT+0.0100%4h0.006323−0.158%$390K$102K25xas long as short
KuCoin INXUSDTMshort+0.0424%4h0.006338+0.079%$287K$53K20x
BingX INX-USDT+0.0650%4h0.006335+0.032%$6.5Mas long as short
MEXC INX_USDTlong+0.0708%4h0.006333long leg$855K$194K50x
Extended INX-USD+0.0712%1h0.006332−0.011%$1K$111K5xas long as short
Binance INXUSDT+0.0725%4h0.006334+0.016%$2.1M$1.5M25xas long as short
Aster INXUSDT+0.1246%4h0.006320−0.205%$19K$9K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit INX_USDC-PERPETUAL+0.1336%1h0.006316−0.268%$57K$20K10xas long as short