Settings8H · net · $10k
Funding arb · Price arb /

INTC

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h −0.003%
Price spread now: Phoenix against Bitget−0.147%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+1.275%+$128 · spread now −0.147%, 7d avg −0.055%
Together, before fees+1.314%+$131 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.091% cheaper against Bitget than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.055%). If the spread goes back, that is −$9 on $10k: about 38 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.039% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INTCUSDT122.630get 0.0000% / 8h6h 27m$25.3M$32.3M50x
ShortPhoenix INTC122.450.0194get 0.0024% / 1h27m 02s$47K$245K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Bitget. 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

Funding earned
$40.73
Price spread: −0.147% → −0.055%
−$9.13
Slippage, 4 orders
−$25.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$12.9
Costs to cover
0.445%
Break-even
9.2 days
Slippage from Bitget: live order book, 2 min ago; Phoenix: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.63 bp9.6 bp −$1012.8 bp −$12826.4 bp −$2,639doesn't fit
Sell Phoenix live order book, 38 min ago4.04 bp13.1 bp −$1328.6 bp −$286doesn't fitdoesn't fit

INTC on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INTCUSDT0.0000%8h122.63+0.002%$305K$528K20xas long as short
Bybit INTCUSDT0.0000%8h122.62−0.008%$13.3M$28.5M50xas long as short
Gate INTC_USDT0.0000%8h122.60−0.024%$8.5M$30.3M75xas long as short
Bitget INTCUSDTlong0.0000%8h122.63long leg$25.3M$32.3M50x
GRVT INTC_USDT_Perp0.0000%8h122.69+0.049%$920K$1.4M10xas long as short
Phemex INTCUSDT0.0000%8h122.62−0.008%$1.7M$50K10xas long as short
OKX INTC-USDT-SWAP+0.0012%8h122.60−0.024%$18.5M$67.1M25xas long as short
Nado INTC-PERP+0.0026%1h122.45−0.146%$171K$281K10xas long as short
Lighter RH INTC+0.0032%1h122.58−0.041%$617K$2.8M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34−1.052%$213$22K12xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps INTCUSD+0.0040%1h122.60−0.025%$2K$53K10xas long as short
Arcus INTC-USD+0.0040%1h122.57−0.049%$93K$308K10xas long as short
Vest INTC-USD-PERP+0.0046%1h122.47−0.130%$1.5M25xas long as short
SoDEX INTC-USD+0.0050%1h122.58−0.045%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h122.47−0.130%$1.3M$2.2M10xas long as short
QFEX INTC-USD+0.0055%1h122.58−0.041%$1.7M$13.2M10xas long as short
Polymarket Perps INTC-USD+0.0060%1h122.58−0.041%$211K$476K10xas long as short
Coinbase International INTC-PERP-INTX+0.0064%1h122.64+0.008%$259K$1.0M10xas long as short
Variational Omni INTC+0.0090%8h122.33−0.248%$2.1M$2.5Mas long as short
Paradex INTC-USD-PERP+0.0090%8h122.57−0.050%5xas long as short
ApeX Omni INTCUSDT+0.0100%1h122.630.000%$45K$259K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h122.56−0.057%$4K$3K10xas long as short
Aevo INTC-PERP+0.0112%1h122.55−0.066%$49K10xas long as short
Extended INTC_24_5-USD+0.0136%1h122.54−0.075%$340K$1.8M10xas long as short
Binance INTCUSDT+0.0136%8h122.63−0.001%$72.1M$401.9M25xas long as short
Phoenix INTCshort+0.0194%1h122.45−0.147%$47K$245K10x
tradeXYZ xyz:INTC+0.0242%1h122.57−0.049%$146.2M$70.0M10xas long as short
KuCoin INTCUSDTM+0.0252%8h122.630.000%$1.2M$55K20xas long as short
Lighter INTC+0.0312%1h122.61−0.016%$1.5M$2.0M10xas long as short
Deribit INTC_USDC-PERPETUAL+0.0403%1h122.53−0.082%$21K$107K10xas long as short
RISEx INTC/USDC+0.0423%1h122.61−0.016%$346K$384K10xas long as short
edgeX INTCUSDC+0.0948%4h122.70+0.055%$87K$290K10xas long as short