INX Funding Rate — live across 8 venues

Compared across 8 supported venues · net of estimated fees · updated every few minutes

Live annualized INX perpetual funding across all 8 venues Perpia tracks. Right now INX funding is positive on 7 and negative on 1, ranging from +10.9% on Binance to -92.0% on Gate.io — a spread of 102.9%. The widest delta-neutral trade is long Gate.io / short Binance at 98.3% net APR.

venues

paying positive

102.9%

funding spread

Best INX spread now

98.3%

net APR after fees

Long Gate.io→Short Binance

size depends on live venue depth — see the real cap in the scanner

INX funding trend & liquidity

169h of history

102.9%

current gross APR

-34.9%

24h average

-11.4%

7-day average

$1.6M

pair OI · lower leg

$132K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

INX funding rate history

30d · 6h buckets · 8 venues

328%0-262.6%

2 Aug1 Sep

INX — average across 8 venuesAsterExtendedBinanceBitget

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +37.6%. A break in a line means no data was recorded for that stretch, not a zero rate.

INX funding rate by venue

7 pairs scanned

Venue	Funding APR	Interval
Binance ↗	+10.9%	4h
MEXC ↗	+10.9%	4h
Bybit ↗	+10.9%	4h
BingX ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
Aster ↗	+10.9%	1h
KuCoin ↗	+10.9%	4h
Gate.io ↗	-92.0%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Gate.io vs Binance page.

INX arbitrage — 30-day backtest

long Gate.io · short Binance

-15.5%

backtested APR

−$127

historical net P&L on $10,000

1.30%

max drawdown

$10,000$9,873

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short Binance would have produced -15.5% APR — versus the 98.3% the live spread implies right now (equity $10,000 → $9,873). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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INX funding — FAQ

Is INX funding positive right now?

INX perpetual funding is positive on 7 of 8 venues Perpia tracks and negative on 1. The highest is +10.9% on Binance; the lowest is -92.0% on Gate.io.

What is the best INX funding arbitrage right now?

Go long Gate.io and short Binance for about 98.3% net APR after fees — the widest delta-neutral INX spread Perpia currently sees.

Which exchange has the highest INX funding rate?

Binance, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How INX funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to INX

Markets also quoted on both Binance and Gate.io — the same two exchanges you would already have funded for the INX trade.

See every spread between them on the Binance vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this