Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.052%

Price spread now: QFEX against Binance0.000%7-day average −0.057% · 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−$22as in the Price arb table

costs, in and out, $10k−$270.275% of the position

Long on Binance Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.074%−$7 on $10k

Price spread, last 7 days−0.034%−$3 · spread now 0.000%, 7d avg −0.057%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.057% dearer against Binance than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.057%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 4 days (−0.074% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance INTCUSDT	120.87	0.0079	pay 0.0079% / 8h	2h 13m	$70.0M	$399.2M	25x
Short	QFEX INTC-USD	120.87	0.0052	get 0.0006% / 1h	13m 26s	$1.4M	$10.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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 BinancebpFee QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$5.81
Price spread: 0.000% → −0.057%: $5.66
Slippage, 4 orders: −$7.48
Fee Binance: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$27.64
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; QFEX: live order book, 6 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 Binance live order book, 15 min ago	0.83 bp	7.0 bp −$7	10.2 bp −$102	35.5 bp −$3,552	doesn't fit
Sell QFEX live order book, 6 min ago	1.66 bp	6.7 bp −$7	7.3 bp −$73	11.5 bp −$1,147	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
Bitget INTCUSDT	−0.1052%	8h	121.01	+0.116%	$25.2M	$32.3M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.75	−0.102%	$300K	$543K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.89	+0.017%	$12.9M	$28.8M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.91	+0.033%	$8.1M	$30.9M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.50	−0.306%	$903K	$1.4M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.82	−0.041%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.87	0.000%	$651K	$2.8M	10x	as long as short
Aftermath Perps INTCUSD	+0.0032%	1h	120.53	−0.285%	$2K	$55K	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.389%	$213	$22K	12x	as long as short
Variational Omni INTC	+0.0039%	8h	120.35	−0.430%	$2.1M	$2.5M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus INTC-USD	+0.0040%	1h	120.56	−0.256%	$91K	$307K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0043%	8h	120.89	+0.017%	$18.0M	$67.8M	25x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.74	−0.108%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.91	+0.033%	$207K	$502K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.61	−0.213%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.40	−0.389%	$1.2M	$2.4M	10x	as long as short
QFEX INTC-USDshort	+0.0052%	1h	120.87	0.000%	$1.4M	$10.7M	10x
Nado INTC-PERP	+0.0072%	1h	120.84	−0.023%	$158K	$287K	10x	as long as short
Binance INTCUSDTlong	+0.0079%	8h	120.87	long leg	$70.0M	$399.2M	25x
Extended INTC_24_5-USD	+0.0080%	1h	120.85	−0.019%	$336K	$1.9M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0082%	1h	120.67	−0.165%	$20K	$107K	10x	as long as short
Paradex INTC-USD-PERP	+0.0085%	8h	120.88	+0.004%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.46	−0.339%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.77	−0.083%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	120.68	−0.157%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0110%	8h	120.79	−0.066%	$1.1M	$106K	20x	as long as short
Lighter INTC	+0.0136%	1h	120.87	−0.002%	$1.4M	$2.0M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0184%	1h	120.53	−0.281%	$244K	$842K	10x	as long as short
BloFin INTC-USDT	+0.0199%	8h	120.58	−0.240%	$887K	$307K	25x	as long as short
tradeXYZ xyz:INTC	+0.0204%	1h	120.89	+0.017%	$144.5M	$64.8M	10x	as long as short
RISEx INTC/USDC	+0.0215%	1h	120.88	+0.011%	$316K	$333K	10x	as long as short
Phoenix INTC	+0.0265%	1h	120.72	−0.124%	$46K	$240K	10x	as long as short
edgeX INTCUSDC	+0.0744%	4h	120.44	−0.354%	$85K	$296K	10x	as long as short