Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.013%

Price spread now: Binance against Coinbase International+0.057%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 2 days (all we have)+0.049%+$5 · spread now +0.057%, 7d avg +0.091%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.034% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.091%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International INTC-PERP-INTX	123.92	0.0016	pay 0.0002% / 1h	59m 17s	$264K	$1.2M	10x
Short	Binance INTCUSDT	123.99	0.0131	get 0.0131% / 8h	7h 59m	$72.4M	$410.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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 Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.057%Rate

Funding earned: $24.13
Price spread: +0.057% → +0.091%: −$3.36
Slippage, 4 orders: −$11.63
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.85
Costs to cover: 0.316%
Break-even: 10.1 days

Slippage from Coinbase International: live order book, 4 min ago; Binance: live order book, 14 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 Coinbase International live order book, 4 min ago	2.42 bp	8.1 bp −$8	13.6 bp −$136	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.40 bp	6.5 bp −$6	9.3 bp −$93	28.8 bp −$2,880	164.3 bp −$82.1K

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	123.98	+0.051%	$309K	$514K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	124.01	+0.073%	$13.3M	$29.1M	50x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	124.00	+0.065%	$18.7M	$69.4M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.92	0.000%	$8.8M	$29.8M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.91	−0.008%	$1.7M	$51K	10x	as long as short
Coinbase International INTC-PERP-INTXlong	+0.0016%	1h	123.92	long leg	$264K	$1.2M	10x
GRVT INTC_USDT_Perp	+0.0019%	8h	123.93	+0.011%	$929K	$1.4M	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.82	−0.081%	$617K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−2.082%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0038%	1h	123.77	−0.120%	$2K	$53K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	124.06	+0.113%	—	$1.5M	25x	as long as short
tradeXYZ xyz:INTC	+0.0050%	1h	123.93	+0.008%	$147.5M	$79.4M	10x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	123.94	+0.016%	$213K	$463K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.97	+0.036%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0050%	1h	123.77	−0.121%	$1.9M	$15.3M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.72	−0.161%	$1.3M	$2.3M	10x	as long as short
Nado INTC-PERP	+0.0067%	1h	123.95	+0.024%	$170K	$239K	10x	as long as short
Variational Omni INTC	+0.0078%	8h	123.88	−0.034%	$2.2M	$2.5M	—	as long as short
Paradex INTC-USD-PERP	+0.0093%	8h	123.91	−0.005%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.81	−0.089%	$46K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.97	+0.040%	$5K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0112%	1h	123.94	+0.018%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0128%	1h	123.99	+0.056%	$354K	$1.1M	10x	as long as short
Binance INTCUSDTshort	+0.0131%	8h	123.99	+0.057%	$72.4M	$410.2M	25x
edgeX INTCUSDC	+0.0141%	4h	123.85	−0.054%	$88K	$290K	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0153%	1h	123.99	+0.056%	$21K	$178K	10x	as long as short
KuCoin INTCUSDTM	+0.0237%	8h	123.83	−0.073%	$1.2M	$58K	20x	as long as short
Bitget INTCUSDT	+0.0244%	8h	123.96	+0.032%	$25.5M	$33.7M	50x	as long as short
BloFin INTC-USDT	+0.0249%	8h	123.90	−0.016%	$912K	$317K	25x	as long as short
Lighter INTC	+0.0312%	1h	123.84	−0.064%	$1.5M	$1.7M	10x	as long as short
Phoenix INTC	+0.0325%	1h	123.77	−0.121%	$48K	$256K	10x	as long as short
RISEx INTC/USDC	+0.0427%	1h	123.91	−0.008%	$343K	$378K	10x	as long as short
Arcus INTC-USD	+0.0567%	1h	123.79	−0.105%	$95K	$311K	10x	as long as short