Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0151%/8h= +16.6% APRpaid last 24h +0.011%

Price spread now: Bitget against Deribit+0.049%7-day average +0.080% · 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−$41as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Deribit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.051%+$5 on $10k

Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.049%, 7d avg +0.080%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.032% cheaper against Deribit than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.080%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 5 days (+0.051% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit INTC_USDC-PERPETUAL	122.89	0.0076	pay 0.0009% / 1h	35m 43s	$21K	$180K	10x
Short	Bitget INTCUSDT	122.95	0.0227	get 0.0227% / 8h	1h 35m	$25.4M	$34.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.049%Rate

Funding earned: $31.79
Price spread: +0.049% → +0.080%: −$3.16
Slippage, 4 orders: −$19.07
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$9.44
Costs to cover: 0.381%
Break-even: 9.1 days

Slippage from Deribit: live order book, 48 min ago; Bitget: live order book, 3 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, 48 min ago	5.33 bp	8.8 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.41 bp	10.1 bp −$10	14.0 bp −$140	33.3 bp −$3,326	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	122.98	+0.071%	$306K	$505K	20x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	122.92	+0.024%	$18.5M	$69.0M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	122.93	+0.033%	$9.1M	$32.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	122.95	+0.049%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0004%	8h	122.99	+0.081%	$922K	$1.5M	10x	as long as short
Bybit INTCUSDT	+0.0023%	8h	122.95	+0.049%	$13.5M	$29.1M	50x	as long as short
Variational Omni INTC	+0.0025%	8h	122.89	+0.001%	$2.1M	$2.4M	—	as long as short
Lighter RH INTC	+0.0032%	1h	122.93	+0.033%	$602K	$3.0M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.261%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	122.79	−0.081%	$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	123.03	+0.114%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.82	−0.057%	$1.3M	$2.2M	10x	as long as short
Nado INTC-PERP	+0.0058%	1h	122.87	−0.016%	$169K	$232K	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	122.96	+0.057%	$1.9M	$15.1M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	122.29	−0.488%	$271K	$1.2M	10x	as long as short
Deribit INTC_USDC-PERPETUALlong	+0.0076%	1h	122.89	long leg	$21K	$180K	10x
Extended INTC_24_5-USD	+0.0080%	1h	122.93	+0.032%	$339K	$1.1M	10x	as long as short
Binance INTCUSDT	+0.0082%	8h	122.95	+0.052%	$72.0M	$410.9M	25x	as long as short
SoDEX INTC-USD	+0.0083%	1h	122.94	+0.045%	$27K	$4K	10x	as long as short
Paradex INTC-USD-PERP	+0.0094%	8h	122.92	+0.027%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	122.89	−0.003%	$50K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	122.84	−0.041%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	122.91	+0.016%	$4K	$3K	10x	as long as short
Polymarket Perps INTC-USD	+0.0128%	1h	122.93	+0.033%	$205K	$423K	10x	as long as short
KuCoin INTCUSDTM	+0.0155%	8h	122.83	−0.049%	$1.2M	$59K	20x	as long as short
BloFin INTC-USDT	+0.0198%	8h	122.88	−0.008%	$900K	$318K	25x	as long as short
Bitget INTCUSDTshort	+0.0227%	8h	122.95	+0.049%	$25.4M	$34.3M	50x
tradeXYZ xyz:INTC	+0.0227%	1h	122.93	+0.033%	$145.5M	$80.0M	10x	as long as short
RISEx INTC/USDC	+0.0257%	1h	122.98	+0.074%	$330K	$366K	10x	as long as short
Phoenix INTC	+0.0262%	1h	122.79	−0.081%	$47K	$256K	10x	as long as short
Lighter INTC	+0.0368%	1h	122.99	+0.082%	$1.5M	$1.9M	10x	as long as short
Arcus INTC-USD	+0.0693%	1h	122.94	+0.041%	$108K	$298K	10x	as long as short
edgeX INTCUSDC	+0.0804%	4h	122.88	−0.008%	$87K	$287K	10x	as long as short