INX funding rate explained
Right now Infinex (INX) perpetual futures trade on 7 exchanges we track. The highest funding is on Binance at +0.263% per day, the lowest on KuCoin at +0.030%. The average across all venues is +0.134% per day, or about +49.0% a year. Positive funding means INX longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.233% per day. A delta-neutral position that shorts INX on Binance and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live INX arbitrage board for the price side of the trade.
Settlement intervals differ: INX funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: INX arbitrage · Infinex price · funding rates for all coins.