Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.006%

Price spread now: Deribit against Aster−0.098%7-day average −0.041% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1641.645% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.098%, 7d avg −0.041%

Together, before fees+0.179%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.057% cheaper against Aster than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.041%). If the spread goes back, that is −$6 on $10k: about 2.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster INTCUSDT	123.04	0	get 0.0000% / 8h	1h 34m	$306K	$505K	20x
Short	Deribit INTC_USDC-PERPETUAL	122.92	0.0076	get 0.0009% / 1h	34m 36s	$21K	$180K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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 AsterbpFee DeribitbpOrdersPrice spread, now −0.098%Rate

Funding earned: $15.86
Price spread: −0.098% → −0.041%: −$5.68
Slippage, 4 orders: −$149.5
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$154.32
Costs to cover: 1.645%
Break-even: 75.1 days

Slippage from Aster: live order book, 48 min ago; Deribit: live order book, 49 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 Aster live order book, 48 min ago	3.68 bp	122.9 bp −$123	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 49 min ago	5.33 bp	11.3 bp −$11	13.8 bp −$138	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 INTCUSDTlong	0.0000%	8h	123.04	long leg	$306K	$505K	20x
OKX INTC-USDT-SWAP	0.0000%	8h	123.10	+0.048%	$18.5M	$69.1M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.07	+0.024%	$9.1M	$32.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	122.97	−0.057%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0006%	8h	122.89	−0.123%	$921K	$1.5M	10x	as long as short
Bybit INTCUSDT	+0.0027%	8h	123.08	+0.032%	$13.5M	$29.1M	50x	as long as short
Variational Omni INTC	+0.0030%	8h	122.96	−0.065%	$2.1M	$2.4M	—	as long as short
Lighter RH INTC	+0.0032%	1h	123.06	+0.016%	$602K	$3.0M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.382%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	122.83	−0.170%	$2K	$53K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	123.05	+0.008%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.82	−0.179%	$1.3M	$2.2M	10x	as long as short
Nado INTC-PERP	+0.0058%	1h	122.84	−0.159%	$169K	$232K	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	122.94	−0.082%	$1.9M	$15.1M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	122.29	−0.610%	$271K	$1.2M	10x	as long as short
SoDEX INTC-USD	+0.0066%	1h	122.95	−0.070%	$27K	$4K	10x	as long as short
Deribit INTC_USDC-PERPETUALshort	+0.0076%	1h	122.92	−0.098%	$21K	$180K	10x
Extended INTC_24_5-USD	+0.0080%	1h	123.03	−0.009%	$339K	$1.1M	10x	as long as short
Binance INTCUSDT	+0.0083%	8h	123.04	+0.003%	$72.0M	$410.9M	25x	as long as short
Paradex INTC-USD-PERP	+0.0095%	8h	123.04	+0.001%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	122.84	−0.163%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	122.92	−0.098%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	122.94	−0.081%	$50K	—	10x	as long as short
Polymarket Perps INTC-USD	+0.0126%	1h	122.94	−0.082%	$205K	$423K	10x	as long as short
KuCoin INTCUSDTM	+0.0160%	8h	122.92	−0.098%	$1.2M	$59K	20x	as long as short
BloFin INTC-USDT	+0.0202%	8h	122.94	−0.082%	$901K	$319K	25x	as long as short
Bitget INTCUSDT	+0.0227%	8h	123.10	+0.048%	$25.5M	$34.3M	50x	as long as short
tradeXYZ xyz:INTC	+0.0228%	1h	123.05	+0.008%	$145.7M	$80.0M	10x	as long as short
RISEx INTC/USDC	+0.0257%	1h	123.05	+0.008%	$331K	$366K	10x	as long as short
Phoenix INTC	+0.0262%	1h	122.83	−0.171%	$47K	$256K	10x	as long as short
Lighter INTC	+0.0368%	1h	123.12	+0.063%	$1.5M	$1.9M	10x	as long as short
edgeX INTCUSDC	+0.0680%	4h	122.88	−0.129%	$87K	$287K	10x	as long as short
Arcus INTC-USD	+0.0693%	1h	123.05	+0.008%	$108K	$298K	10x	as long as short