INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0221%/8h= +24.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.010%

Price spread now: Phoenix against Arcus+0.073%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on Arcus Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.052%+$5 on $10k

Price spread, last 4 days (all we have)+0.566%+$57 · spread now +0.073%, 7d avg +0.044%

Together, before fees+0.618%+$62 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.029% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.044%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.052% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus INTC-USD	122.88	0.0040	pay 0.0005% / 1h	36m 55s	$93K	$308K	10x
Short	Phoenix INTC	122.97	0.0261	get 0.0033% / 1h	36m 55s	$47K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee PhoenixbpOrdersPrice spread, now +0.073%Rate

Funding earned: $46.42
Price spread: +0.073% → +0.044%: $2.9
Slippage, 4 orders: −$33.31
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $4.51
Costs to cover: 0.448%
Break-even: 6.3 days

Slippage from Arcus: live order book, 27 min ago; Phoenix: live order book, 23 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 Arcus live order book, 27 min ago	4.48 bp	10.4 bp −$10	15.4 bp −$154	doesn't fit	doesn't fit
Sell Phoenix live order book, 23 min ago	3.27 bp	11.7 bp −$12	25.2 bp −$252	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
Nado INTC-PERP	−0.0114%	1h	122.93	+0.044%	$172K	$286K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	122.94	+0.050%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.04	+0.130%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.02	+0.114%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.10	+0.179%	$25.4M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	122.94	+0.049%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.07	+0.155%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0032%	8h	123.06	+0.146%	$18.6M	$67.6M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.03	+0.122%	$649K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.253%	$213	$22K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT INTC_USDT_Perp	+0.0035%	8h	123.00	+0.094%	$921K	$1.4M	10x	as long as short
Arcus INTC-USDlong	+0.0040%	1h	122.88	long leg	$93K	$308K	10x
Aftermath Perps INTCUSD	+0.0041%	1h	122.87	−0.009%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.94	+0.049%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.03	+0.123%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.81	−0.057%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0057%	1h	122.98	+0.081%	$1.6M	$12.7M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.07	+0.155%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.00	+0.098%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0106%	8h	122.96	+0.064%	—	—	5x	as long as short
Variational Omni INTC	+0.0113%	8h	122.81	−0.056%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.02	+0.110%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	123.02	+0.116%	$341K	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0152%	1h	122.57	−0.252%	$258K	$925K	10x	as long as short
Binance INTCUSDT	+0.0153%	8h	123.07	+0.152%	$72.5M	$400.1M	25x	as long as short
Polymarket Perps INTC-USD	+0.0162%	1h	123.00	+0.098%	$212K	$481K	10x	as long as short
KuCoin INTCUSDTM	+0.0177%	8h	122.99	+0.090%	$1.1M	$104K	20x	as long as short
Phoenix INTCshort	+0.0261%	1h	122.97	+0.073%	$47K	$265K	10x
RISEx INTC/USDC	+0.0264%	1h	123.04	+0.133%	$347K	$381K	10x	as long as short
BloFin INTC-USDT	+0.0273%	8h	123.08	+0.163%	$921K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0280%	1h	123.04	+0.130%	$147.0M	$68.4M	10x	as long as short
Lighter INTC	+0.0368%	1h	123.07	+0.151%	$1.5M	$2.0M	10x	as long as short
edgeX INTCUSDC	+0.0650%	4h	122.81	−0.054%	$87K	$291K	10x	as long as short