Funding you earn now, next payment 08:00 UTC−0.0212%/8h= −23.2% APRnext payment −$2.12 per $10,000 · paid last 24h −0.109%
Price spread now: Phemex against BloFin+0.042%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
Funding, last 7 days−0.444%−$44 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.042%, 7d avg −0.012%
=The price spread pays, funding is against you. Phemex is 0.054% dearer against BloFin than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.012%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INTC-USDT | 120.22 | 0.0212 | pay 0.0212% / 8h | 2h 30m | $905K | $306K | 25x |
| Short | Phemex INTCUSDT | 120.27 | 0 | get 0.0000% / 8h | 2h 30m | $1.7M | $50K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.48
- Price spread: +0.042% → −0.012%
- $5.39
- Slippage, 4 orders
- −$80.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$143.16
- Costs to cover
- 1.041%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Phemex: live order book, 3 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, 61 min ago | 2.05 bp | 8.1 bp −$8 | 8.5 bp −$85 | 19.2 bp −$1,915 | 58.9 bp −$29.5K |
| Sell Phemex live order book, 3 min ago | 4.57 bp | 48.6 bp −$49 | doesn't fit | 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 | −0.0946% | 8h | 120.56 | +0.283% | $25.0M | $32.1M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.45 | +0.191% | $299K | $543K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.41 | +0.158% | $12.8M | $28.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.39 | +0.141% | $8.1M | $30.5M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.25 | +0.025% | $901K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.11 | −0.091% | $20K | $107K | 10x | as long as short |
| Phemex INTCUSDTshort | 0.0000% | 8h | 120.27 | +0.042% | $1.7M | $50K | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 120.38 | +0.133% | $656K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.932% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0036% | 1h | 120.36 | +0.113% | $2K | $55K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INTC-USDT-SWAP | +0.0037% | 8h | 120.44 | +0.183% | $18.0M | $67.1M | 25x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.28 | +0.050% | $91K | $307K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.07 | −0.125% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 120.16 | −0.050% | $206K | $497K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.19 | −0.022% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.27 | +0.042% | $1.2M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0052% | 1h | 120.42 | +0.166% | $1.4M | $10.8M | 10x | as long as short |
| Variational Omni INTC | +0.0055% | 8h | 120.21 | −0.011% | $2.1M | $2.5M | — | as long as short |
| Nado INTC-PERP | +0.0079% | 1h | 120.14 | −0.065% | $159K | $288K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0087% | 8h | 120.35 | +0.110% | — | — | 5x | as long as short |
| Extended INTC_24_5-USD | +0.0088% | 1h | 120.43 | +0.173% | $334K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0090% | 8h | 120.42 | +0.166% | $70.2M | $398.9M | 25x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.19 | −0.025% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.14 | −0.067% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 120.26 | +0.035% | $48K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0123% | 8h | 120.45 | +0.191% | $1.1M | $107K | 20x | as long as short |
| Lighter INTC | +0.0168% | 1h | 120.42 | +0.164% | $1.4M | $2.0M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0184% | 1h | 120.21 | −0.008% | $245K | $830K | 10x | as long as short |
| edgeX INTCUSDC | +0.0190% | 4h | 120.21 | −0.005% | $85K | $295K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0210% | 1h | 120.38 | +0.133% | $144.0M | $65.2M | 10x | as long as short |
| BloFin INTC-USDTlong | +0.0212% | 8h | 120.22 | long leg | $905K | $306K | 25x | |
| RISEx INTC/USDC | +0.0215% | 1h | 120.47 | +0.210% | $315K | $338K | 10x | as long as short |
| Phoenix INTC | +0.0265% | 1h | 120.24 | +0.017% | $46K | $240K | 10x | as long as short |
BloFin INTC-USDT
Phemex INTCUSDT
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
OKX INTC-USDT-SWAP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Variational Omni INTC
Paradex INTC-USD-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
Lighter INTC
Coinbase International INTC-PERP-INTX
edgeX INTCUSDC
tradeXYZ xyz:INTC
RISEx INTC/USDC
Phoenix INTC