Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.1% APRpaid last 24h −0.090%

Price spread now: Deribit against BloFin−0.017%57s7-day average −0.060% · 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—prices read too far apart to compare

costs, in and out, $10k−$380.376% of the position

Long on BloFin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.174%−$17 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.017%, 7d avg −0.060%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.060%. Mind the row above: over the last 5 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin INTC-USDT	120.91	0.0174	pay 0.0174% / 8h	21m 35s	$901K	$309K	25x
Short	Deribit INTC_USDC-PERPETUAL	120.89	0.0495	get 0.0062% / 1h	21m 35s	$20K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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 BloFinbpFee DeribitbpOrdersPrice spread, now −0.017%Rate

Funding earned: $67.36
Price spread: −0.017% → −0.060%: $4.33
Slippage, 4 orders: −$18.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $34.05
Costs to cover: 0.376%
Break-even: 3.5 days

Slippage from BloFin: live order book, 60 min ago; Deribit: live order book, 17 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 BloFin live order book, 60 min ago	2.07 bp	10.2 bp −$10	11.9 bp −$119	21.2 bp −$2,122	doesn't fit
Sell Deribit live order book, 17 min ago	0.41 bp	8.8 bp −$9	10.7 bp −$107	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
Bitget INTCUSDT	−0.0410%	8h	121.18	+0.223%	$25.3M	$32.5M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.07	+0.130%	$429K	$671K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.06	+0.124%	$12.9M	$28.7M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.06	+0.124%	$8.2M	$31.2M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.87	−0.034%	$906K	$1.5M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.99	+0.066%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0013%	8h	120.89	−0.014%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0019%	8h	121.08	+0.141%	$18.1M	$67.8M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.07	+0.132%	$671K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.356%	$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
Aftermath Perps INTCUSD	+0.0036%	1h	120.97	+0.049%	$2K	$55K	10x	as long as short
QFEX INTC-USD	+0.0039%	1h	121.07	+0.132%	$1.3M	$10.0M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.88	−0.025%	$91K	$290K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.85	−0.050%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.93	+0.015%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.88	−0.025%	$1.2M	$2.5M	10x	as long as short
Binance INTCUSDT	+0.0054%	8h	121.08	+0.138%	$69.5M	$397.7M	25x	as long as short
Extended INTC_24_5-USD	+0.0056%	1h	121.05	+0.117%	$334K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.15	−0.629%	$240K	$816K	10x	as long as short
Polymarket Perps INTC-USD	+0.0072%	1h	120.97	+0.050%	$216K	$548K	10x	as long as short
Paradex INTC-USD-PERP	+0.0085%	8h	121.04	+0.103%	—	—	5x	as long as short
Nado INTC-PERP	+0.0096%	1h	120.82	−0.073%	$156K	$298K	10x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.97	+0.050%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.93	+0.017%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.91	0.000%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0124%	8h	120.99	+0.066%	$1.1M	$110K	20x	as long as short
BloFin INTC-USDTlong	+0.0174%	8h	120.91	long leg	$901K	$309K	25x
Phoenix INTC	+0.0198%	1h	120.93	+0.017%	$47K	$236K	10x	as long as short
Lighter INTC	+0.0224%	1h	121.07	+0.136%	$1.4M	$1.9M	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	121.09	+0.146%	$317K	$318K	10x	as long as short
tradeXYZ xyz:INTC	+0.0278%	1h	121.05	+0.116%	$146.1M	$60.6M	10x	as long as short
Deribit INTC_USDC-PERPETUALshort	+0.0495%	1h	120.89	−0.017%	$20K	$110K	10x
edgeX INTCUSDC	+0.0690%	4h	120.91	+0.002%	$86K	$295K	10x	as long as short