INDA funding rate explained
Right now iShares MSCI India ETF • Robinhood Token (INDA) perpetual futures trade on 2 exchanges we track. The highest funding is on Bitget at 0.000% per day, the lowest on MEXC at 0.000%. The average across all venues is 0.000% per day, or about 0.0% a year.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts INDA on Bitget and goes long on MEXC would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live INDA arbitrage board for the price side of the trade.
Settlement intervals differ: INDA funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: INDA arbitrage · iShares MSCI India ETF • Robinhood Token price · funding rates for all coins.