Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.049%

Price spread now: Lighter against Aster+0.151%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1351.354% of the position

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.458%+$46 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.151%, 7d avg +0.014%

Together, before fees+0.352%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter is 0.138% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster INTCUSDT	123.54	0	get 0.0000% / 8h	51m 15s	$308K	$506K	20x
Short	Lighter INTC	123.73	0.0392	get 0.0049% / 1h	51m 15s	$1.5M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.151%Rate

Funding earned: $82.32
Price spread: +0.151% → +0.014%: $13.76
Slippage, 4 orders: −$127.39
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$39.3
Costs to cover: 1.354%
Break-even: 10.3 days

Slippage from Aster: live order book, 26 min ago; Lighter: live order book, 10 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, 26 min ago	4.88 bp	107.9 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	0.37 bp	3.1 bp −$3	5.4 bp −$54	27.3 bp −$2,729	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	123.54	long leg	$308K	$506K	20x
OKX INTC-USDT-SWAP	0.0000%	8h	123.69	+0.118%	$18.7M	$69.4M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.64	+0.078%	$9.1M	$32.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.64	+0.078%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0014%	8h	123.51	−0.028%	$926K	$1.4M	10x	as long as short
Bybit INTCUSDT	+0.0023%	8h	123.66	+0.094%	$13.4M	$28.9M	50x	as long as short
edgeX INTCUSDC	+0.0028%	4h	123.43	−0.096%	$87K	$288K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.68	+0.110%	$602K	$3.0M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0032%	1h	123.53	−0.011%	$264K	$1.2M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.784%	$213	$23K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0043%	1h	123.38	−0.132%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.64	+0.078%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.51	−0.028%	$1.3M	$2.3M	10x	as long as short
Variational Omni INTC	+0.0051%	8h	123.27	−0.223%	$2.1M	$2.4M	—	as long as short
QFEX INTC-USD	+0.0055%	1h	123.63	+0.070%	$1.9M	$15.2M	10x	as long as short
Nado INTC-PERP	+0.0092%	1h	123.55	+0.008%	$170K	$237K	10x	as long as short
Paradex INTC-USD-PERP	+0.0096%	8h	123.62	+0.059%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.44	−0.084%	$46K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.62	+0.062%	$4K	$3K	10x	as long as short
Binance INTCUSDT	+0.0112%	8h	123.67	+0.102%	$72.3M	$409.5M	25x	as long as short
Extended INTC_24_5-USD	+0.0112%	1h	123.65	+0.082%	$351K	$1.1M	10x	as long as short
Aevo INTC-PERP	+0.0112%	1h	123.65	+0.088%	$50K	—	10x	as long as short
Polymarket Perps INTC-USD	+0.0124%	1h	123.63	+0.070%	$213K	$445K	10x	as long as short
KuCoin INTCUSDTM	+0.0201%	8h	123.55	+0.005%	$1.2M	$57K	20x	as long as short
SoDEX INTC-USD	+0.0202%	1h	123.64	+0.081%	$28K	$4K	10x	as long as short
BloFin INTC-USDT	+0.0232%	8h	123.68	+0.110%	$870K	$325K	25x	as long as short
Bitget INTCUSDT	+0.0242%	8h	123.65	+0.086%	$25.6M	$34.1M	50x	as long as short
tradeXYZ xyz:INTC	+0.0300%	1h	123.63	+0.070%	$146.6M	$79.2M	10x	as long as short
Phoenix INTC	+0.0325%	1h	123.40	−0.117%	$47K	$256K	10x	as long as short
Lighter INTCshort	+0.0392%	1h	123.73	+0.151%	$1.5M	$1.9M	10x
Deribit INTC_USDC-PERPETUAL	+0.0397%	1h	123.64	+0.078%	$21K	$178K	10x	as long as short
RISEx INTC/USDC	+0.0433%	1h	123.69	+0.115%	$342K	$378K	10x	as long as short
Arcus INTC-USD	+0.0567%	1h	123.63	+0.070%	$108K	$298K	10x	as long as short