Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%

Price spread now: Phemex against Bybit+0.008%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on Bybit Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.008%, 7d avg +0.009%

Together, before fees−0.162%−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit INTCUSDT	123.59	0	get 0.0000% / 8h	7h 33m	$13.3M	$28.4M	50x
Short	Phemex INTCUSDT	123.60	0	get 0.0000% / 8h	7h 33m	$1.7M	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.009%: −$0.13
Slippage, 4 orders: −$86.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$109.21
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 4 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, 5 min ago	1.21 bp	9.5 bp −$9	14.9 bp −$149	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	0.40 bp	36.0 bp −$36	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
Aster INTCUSDT	0.0000%	8h	123.71	+0.098%	$318K	$518K	20x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	123.59	long leg	$13.3M	$28.4M	50x
Gate INTC_USDT	0.0000%	8h	123.54	−0.040%	$8.5M	$30.6M	75x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.47	−0.097%	$21K	$107K	10x	as long as short
Phemex INTCUSDTshort	0.0000%	8h	123.60	+0.008%	$1.7M	$52K	10x
Nado INTC-PERP	+0.0009%	1h	123.50	−0.073%	$170K	$244K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0016%	1h	123.60	+0.008%	$262K	$1.1M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0029%	8h	123.64	+0.040%	$18.6M	$68.0M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.56	−0.024%	$616K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.821%	$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	+0.0039%	1h	123.90	+0.249%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.66	+0.057%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.59	0.000%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0050%	1h	123.53	−0.049%	$1.9M	$14.6M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.44	−0.121%	$1.3M	$2.2M	10x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.65	+0.049%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0104%	8h	123.51	−0.067%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0128%	1h	123.51	−0.064%	$50K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0130%	1h	124.00	+0.332%	$46K	$259K	50x	as long as short
edgeX INTCUSDC	+0.0138%	4h	123.92	+0.268%	$88K	$289K	10x	as long as short
Variational Omni INTC	+0.0139%	8h	124.09	+0.401%	$2.2M	$2.5M	—	as long as short
Binance INTCUSDT	+0.0177%	8h	123.66	+0.057%	$72.3M	$403.1M	25x	as long as short
Polymarket Perps INTC-USD	+0.0180%	1h	123.46	−0.105%	$212K	$470K	10x	as long as short
Extended INTC_24_5-USD	+0.0184%	1h	123.53	−0.048%	$350K	$1.7M	10x	as long as short
Phoenix INTC	+0.0258%	1h	123.90	+0.251%	$48K	$256K	10x	as long as short
Lighter INTC	+0.0264%	1h	123.65	+0.051%	$1.5M	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0273%	8h	123.68	+0.073%	$1.2M	$52K	20x	as long as short
Arcus INTC-USD	+0.0296%	1h	123.87	+0.227%	$95K	$306K	10x	as long as short
BloFin INTC-USDT	+0.0305%	8h	123.88	+0.235%	$920K	$317K	25x	as long as short
tradeXYZ xyz:INTC	+0.0308%	1h	123.55	−0.032%	$147.4M	$72.0M	10x	as long as short
Bitget INTCUSDT	+0.0333%	8h	123.63	+0.032%	$25.5M	$32.9M	50x	as long as short
RISEx INTC/USDC	+0.0427%	1h	123.62	+0.028%	$342K	$378K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0490%	8h	123.89	+0.239%	$928K	$1.4M	10x	as long as short