Funding you earn now, next payment 21:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.056%
Price spread now: Phoenix against ApeX Omni−0.016%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)+0.538%+$54 · spread now −0.016%, 7d avg +0.005%
=Funding pays, the price is against you. Phoenix is 0.021% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.150% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INTCUSDT | 122.20 | 0.0100 | pay 0.0013% / 1h | 9m 04s | $45K | $259K | 50x |
| Short | Phoenix INTC | 122.18 | 0.0263 | get 0.0033% / 1h | 9m 04s | $47K | $291K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $34.15
- Price spread: −0.016% → +0.005%
- −$2.13
- Slippage, 4 orders
- −$26.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$11.18
- Costs to cover
- 0.432%
- Break-even
- 9.3 days
Slippage from ApeX Omni: live order book, 13 min ago; Phoenix: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 13 min ago | 5.73 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 2.46 bp | 10.9 bp −$11 | 22.9 bp −$229 | doesn't fit | doesn't fit |
INTC on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 122.10 | −0.081% | $303K | $501K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.21 | +0.008% | $13.3M | $29.0M | 50x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 122.16 | −0.033% | $18.3M | $68.4M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.16 | −0.033% | $9.0M | $32.4M | 75x | as long as short |
| Variational Omni INTC | 0.0000% | 8h | 122.19 | −0.007% | $2.1M | $2.4M | — | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 122.17 | −0.024% | $915K | $1.6M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 122.11 | −0.074% | $20K | $180K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 122.18 | −0.016% | $1.7M | $51K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 122.18 | −0.016% | $603K | $3.1M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.704% | $213 | $27K | 12x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance INTCUSDT | +0.0039% | 8h | 122.19 | −0.008% | $71.5M | $411.2M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0040% | 1h | 122.18 | −0.016% | $326K | $1.1M | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0041% | 1h | 122.18 | −0.019% | $2K | $53K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.16 | −0.033% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 122.16 | −0.033% | $204K | $399K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.17 | −0.025% | $27K | $3K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.14 | −0.049% | $1.3M | $2.2M | 10x | as long as short |
| Nado INTC-PERP | +0.0055% | 1h | 122.06 | −0.115% | $171K | $228K | 10x | as long as short |
| QFEX INTC-USD | +0.0080% | 1h | 122.19 | −0.008% | $1.9M | $15.0M | 10x | as long as short |
| Aevo INTC-PERP | +0.0088% | 1h | 122.19 | −0.010% | $49K | — | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0091% | 8h | 122.16 | −0.029% | — | — | 5x | as long as short |
| KuCoin INTCUSDTM | +0.0100% | 8h | 122.12 | −0.065% | $1.2M | $60K | 20x | as long as short |
| ApeX Omni INTCUSDTlong | +0.0100% | 1h | 122.20 | long leg | $45K | $259K | 50x | |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.16 | −0.033% | $4K | $3K | 10x | as long as short |
| BloFin INTC-USDT | +0.0155% | 8h | 122.13 | −0.057% | $897K | $317K | 25x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0160% | 1h | 122.03 | −0.139% | $280K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0197% | 1h | 122.16 | −0.033% | $144.3M | $80.5M | 10x | as long as short |
| Bitget INTCUSDT | +0.0213% | 8h | 122.18 | −0.016% | $25.4M | $34.2M | 50x | as long as short |
| edgeX INTCUSDC | +0.0234% | 4h | 122.19 | −0.010% | $87K | $286K | 10x | as long as short |
| Phoenix INTCshort | +0.0263% | 1h | 122.18 | −0.016% | $47K | $291K | 10x | |
| Lighter INTC | +0.0344% | 1h | 122.20 | −0.002% | $1.5M | $2.1M | 10x | as long as short |
| RISEx INTC/USDC | +0.0433% | 1h | 122.20 | −0.001% | $329K | $368K | 10x | as long as short |
| Arcus INTC-USD | +0.0507% | 1h | 122.16 | −0.033% | $107K | $299K | 10x | as long as short |
ApeX Omni INTCUSDT
Phoenix INTC
Aster INTCUSDT
Bybit INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Variational Omni INTC
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Binance INTCUSDT
Extended INTC_24_5-USD
Aftermath Perps INTCUSD
Polymarket Perps INTC-USD
SoDEX INTC-USD
Paradex INTC-USD-PERP
KuCoin INTCUSDTM
BloFin INTC-USDT
Coinbase International INTC-PERP-INTX
tradeXYZ xyz:INTC
Bitget INTCUSDT
edgeX INTCUSDC
Lighter INTC
RISEx INTC/USDC