Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0154%/8h= +16.8% APRpaid last 24h +0.021%

Price spread now: Binance against Deribit+0.098%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on Deribit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.098%, 7d avg +0.053%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.045% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit INTC_USDC-PERPETUAL	122.94	0	get 0.0000% / 1h	36m 40s	$21K	$107K	10x
Short	Binance INTCUSDT	123.06	0.0154	get 0.0154% / 8h	5h 36m	$72.5M	$400.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Deribit. 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 DeribitbpFee BinancebpOrdersPrice spread, now +0.098%Rate

Funding earned: $32.24
Price spread: +0.098% → +0.053%: $4.46
Slippage, 4 orders: −$14.55
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $5.15
Costs to cover: 0.315%
Break-even: 5.9 days

Slippage from Deribit: live order book, 27 min ago; Binance: live order book, 7 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 Deribit live order book, 27 min ago	4.89 bp	8.4 bp −$8	9.9 bp −$99	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.41 bp	6.3 bp −$6	10.2 bp −$102	20.1 bp −$2,006	151.1 bp −$75.5K

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
Nado INTC-PERP	−0.0114%	1h	122.93	−0.005%	$172K	$286K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	122.95	+0.006%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.03	+0.073%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.04	+0.081%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.10	+0.130%	$25.4M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUALlong	0.0000%	1h	122.94	long leg	$21K	$107K	10x
Phemex INTCUSDT	0.0000%	8h	123.07	+0.106%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.03	+0.073%	$649K	$2.8M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0032%	8h	123.04	+0.081%	$18.6M	$67.6M	25x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.301%	$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
GRVT INTC_USDT_Perp	+0.0035%	8h	123.00	+0.045%	$921K	$1.4M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	122.92	−0.016%	$93K	$308K	10x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	122.87	−0.058%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.94	0.000%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.03	+0.074%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.95	+0.008%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0057%	1h	123.03	+0.073%	$1.6M	$12.7M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.07	+0.106%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.00	+0.049%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0108%	8h	123.01	+0.057%	—	—	5x	as long as short
Variational Omni INTC	+0.0113%	8h	122.81	−0.105%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.02	+0.061%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	123.03	+0.070%	$341K	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0152%	1h	122.57	−0.301%	$258K	$925K	10x	as long as short
Binance INTCUSDTshort	+0.0154%	8h	123.06	+0.098%	$72.5M	$400.0M	25x
Polymarket Perps INTC-USD	+0.0162%	1h	123.00	+0.049%	$212K	$481K	10x	as long as short
KuCoin INTCUSDTM	+0.0177%	8h	122.98	+0.033%	$1.1M	$104K	20x	as long as short
Phoenix INTC	+0.0261%	1h	122.97	+0.024%	$47K	$265K	10x	as long as short
RISEx INTC/USDC	+0.0264%	1h	123.07	+0.108%	$347K	$381K	10x	as long as short
BloFin INTC-USDT	+0.0273%	8h	123.08	+0.114%	$921K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0281%	1h	123.03	+0.073%	$147.0M	$68.4M	10x	as long as short
Lighter INTC	+0.0368%	1h	123.08	+0.111%	$1.5M	$2.0M	10x	as long as short
edgeX INTCUSDC	+0.0650%	4h	122.81	−0.102%	$87K	$291K	10x	as long as short