INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.049%

Price spread now: Lighter against Coinbase International+0.151%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.151%, 7d avg +0.102%

Together, before fees−0.211%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.049% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International INTC-PERP-INTX	120.18	0.0032	pay 0.0004% / 1h	47m 59s	$240K	$794K	10x
Short	Lighter INTC	120.36	0.0056	get 0.0007% / 1h	47m 59s	$1.4M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.151%Rate

Funding earned: $5.04
Price spread: +0.151% → +0.102%: $4.9
Slippage, 4 orders: −$15.61
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$15.67
Costs to cover: 0.256%
Break-even: 28.8 days

Slippage from Coinbase International: live order book, 35 min ago; Lighter: 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 Coinbase International live order book, 35 min ago	4.14 bp	9.5 bp −$9	13.0 bp −$130	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	3.40 bp	3.4 bp −$3	6.2 bp −$62	28.1 bp −$2,810	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	−0.0114%	8h	120.42	+0.200%	$25.3M	$30.3M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.30	+0.097%	$427K	$674K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.31	+0.108%	$12.9M	$28.1M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.33	+0.125%	$8.1M	$30.6M	75x	as long as short
Variational Omni INTC	0.0000%	8h	120.49	+0.254%	$2.0M	$2.5M	—	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.47	+0.244%	$902K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.27	+0.075%	$20K	$110K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.36	+0.150%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0005%	8h	120.33	+0.125%	$18.0M	$67.5M	25x	as long as short
Binance INTCUSDT	+0.0028%	8h	120.32	+0.116%	$69.3M	$396.7M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH INTC	+0.0032%	1h	120.37	+0.158%	$677K	$2.7M	10x	as long as short
Extended INTC_24_5-USD	+0.0032%	1h	120.30	+0.102%	$332K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTXlong	+0.0032%	1h	120.18	long leg	$240K	$794K	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.965%	$213	$16K	12x	as long as short
Aftermath Perps INTCUSD	+0.0040%	1h	120.40	+0.180%	$2K	$55K	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.28	+0.083%	$89K	$291K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.25	+0.058%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.27	+0.075%	$215K	$513K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.35	+0.142%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.31	+0.108%	$1.2M	$2.5M	10x	as long as short
Lighter INTCshort	+0.0056%	1h	120.36	+0.151%	$1.4M	$1.8M	10x
QFEX INTC-USD	+0.0056%	1h	120.27	+0.075%	$1.3M	$9.9M	10x	as long as short
Paradex INTC-USD-PERP	+0.0084%	8h	120.37	+0.159%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0088%	1h	120.34	+0.134%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.54	+0.300%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.30	+0.100%	$4K	$3K	10x	as long as short
BloFin INTC-USDT	+0.0103%	8h	120.36	+0.150%	$905K	$329K	25x	as long as short
Nado INTC-PERP	+0.0115%	1h	120.35	+0.138%	$156K	$297K	10x	as long as short
KuCoin INTCUSDTM	+0.0127%	8h	120.39	+0.175%	$1.1M	$137K	20x	as long as short
Phoenix INTC	+0.0264%	1h	120.04	−0.116%	$46K	$236K	10x	as long as short
tradeXYZ xyz:INTC	+0.0320%	1h	120.32	+0.116%	$145.2M	$58.6M	10x	as long as short
edgeX INTCUSDC	+0.0334%	4h	120.35	+0.145%	$85K	$295K	10x	as long as short
RISEx INTC/USDC	+0.0362%	1h	120.34	+0.133%	$316K	$314K	10x	as long as short