Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.006%

Price spread now: ApeX Omni against Bybit+0.207%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.305%−$31 · spread now +0.207%, 7d avg −0.019%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.226% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit INTCUSDT	120.55	0	get 0.0000% / 8h	1h 55m	$12.9M	$28.7M	50x
Short	ApeX Omni INTCUSDT	120.80	0.0100	get 0.0013% / 1h	55m 37s	$47K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.207%Rate

Funding earned: $21
Price spread: +0.207% → −0.019%: $22.63
Slippage, 4 orders: −$21.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $1.32
Costs to cover: 0.423%
Break-even: 6.6 days

Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 51 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 Bybit live order book, 3 min ago	1.24 bp	9.7 bp −$10	13.4 bp −$134	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 51 min ago	6.19 bp	11.2 bp −$11	48.1 bp −$481	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	−0.0883%	8h	120.77	+0.182%	$25.2M	$32.3M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.61	+0.053%	$299K	$544K	20x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	120.55	long leg	$12.9M	$28.7M	50x
Gate INTC_USDT	0.0000%	8h	120.61	+0.050%	$8.1M	$30.5M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.71	+0.131%	$905K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.54	−0.008%	$20K	$108K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.58	+0.025%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.60	+0.041%	$666K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.655%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0034%	1h	120.72	+0.143%	$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
Variational Omni INTC	+0.0035%	8h	120.58	+0.028%	$2.1M	$2.5M	—	as long as short
Arcus INTC-USD	+0.0040%	1h	120.69	+0.116%	$91K	$307K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0040%	8h	120.61	+0.050%	$18.0M	$67.7M	25x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.57	+0.017%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.58	+0.025%	$1.3M	$10.5M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.60	+0.041%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.46	−0.075%	$1.2M	$2.4M	10x	as long as short
Polymarket Perps INTC-USD	+0.0056%	1h	120.61	+0.050%	$215K	$515K	10x	as long as short
Binance INTCUSDT	+0.0079%	8h	120.58	+0.023%	$69.9M	$397.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0080%	1h	120.53	−0.018%	$336K	$1.9M	10x	as long as short
Paradex INTC-USD-PERP	+0.0089%	8h	120.54	−0.010%	—	—	5x	as long as short
ApeX Omni INTCUSDTshort	+0.0100%	1h	120.80	+0.207%	$47K	$259K	50x
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.61	+0.050%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	120.60	+0.043%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0111%	8h	120.63	+0.066%	$1.1M	$105K	20x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.84	+0.241%	$245K	$837K	10x	as long as short
Nado INTC-PERP	+0.0137%	1h	120.57	+0.017%	$157K	$288K	10x	as long as short
Lighter INTC	+0.0152%	1h	120.62	+0.056%	$1.4M	$1.9M	10x	as long as short
edgeX INTCUSDC	+0.0170%	4h	120.84	+0.237%	$86K	$296K	10x	as long as short
BloFin INTC-USDT	+0.0201%	8h	120.70	+0.124%	$889K	$309K	25x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.60	+0.039%	$315K	$329K	10x	as long as short
tradeXYZ xyz:INTC	+0.0249%	1h	120.62	+0.058%	$144.3M	$64.2M	10x	as long as short
Phoenix INTC	+0.0265%	1h	120.81	+0.216%	$47K	$239K	10x	as long as short