INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0366%/8h= −40.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.008%

Price spread now: Coinbase International against Deribit−0.008%7-day average −0.051% · you buy dearer than you sell

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

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

costs, in and out, $10k−$390.388% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.120%+$12 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.008%, 7d avg −0.051%

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

The price spread pays, funding is against you. Coinbase International is 0.043% dearer against Deribit than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.051%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 5 days funding on this pair paid +0.120%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.120% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit INTC_USDC-PERPETUAL	123.50	0.0398	pay 0.0050% / 1h	47m 37s	$21K	$178K	10x
Short	Coinbase International INTC-PERP-INTX	123.49	0.0032	get 0.0004% / 1h	47m 37s	$264K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$76.9
Price spread: −0.008% → −0.051%: $4.26
Slippage, 4 orders: −$21.82
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$111.46
Costs to cover: 0.388%
Break-even: never at this rate

Slippage from Deribit: live order book, 31 min ago; Coinbase International: live order book, 1 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, 31 min ago	0.41 bp	14.4 bp −$14	17.7 bp −$177	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.65 bp	8.6 bp −$9	12.1 bp −$121	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	123.54	+0.032%	$308K	$506K	20x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	123.47	−0.024%	$18.7M	$69.3M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.48	−0.016%	$9.1M	$32.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.50	0.000%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0021%	8h	123.67	+0.137%	$926K	$1.4M	10x	as long as short
Bybit INTCUSDT	+0.0025%	8h	123.43	−0.057%	$13.4M	$28.9M	50x	as long as short
Lighter RH INTC	+0.0032%	1h	123.42	−0.065%	$600K	$3.0M	10x	as long as short
Coinbase International INTC-PERP-INTXshort	+0.0032%	1h	123.49	−0.008%	$264K	$1.2M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.749%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0043%	1h	123.50	0.000%	$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	123.61	+0.089%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.46	−0.032%	$1.3M	$2.3M	10x	as long as short
QFEX INTC-USD	+0.0055%	1h	123.44	−0.049%	$1.9M	$15.2M	10x	as long as short
Variational Omni INTC	+0.0064%	8h	123.66	+0.129%	$2.2M	$2.5M	—	as long as short
Paradex INTC-USD-PERP	+0.0096%	8h	123.39	−0.087%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.73	+0.186%	$46K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.51	+0.008%	$4K	$3K	10x	as long as short
SoDEX INTC-USD	+0.0103%	1h	123.55	+0.036%	$28K	$4K	10x	as long as short
Nado INTC-PERP	+0.0105%	1h	123.51	+0.010%	$170K	$238K	10x	as long as short
Extended INTC_24_5-USD	+0.0112%	1h	123.44	−0.049%	$352K	$1.1M	10x	as long as short
Aevo INTC-PERP	+0.0112%	1h	123.53	+0.026%	$50K	—	10x	as long as short
Binance INTCUSDT	+0.0116%	8h	123.46	−0.029%	$72.2M	$409.7M	25x	as long as short
Polymarket Perps INTC-USD	+0.0127%	1h	123.63	+0.105%	$213K	$449K	10x	as long as short
KuCoin INTCUSDTM	+0.0205%	8h	123.35	−0.121%	$1.2M	$57K	20x	as long as short
BloFin INTC-USDT	+0.0236%	8h	123.58	+0.065%	$869K	$325K	25x	as long as short
Bitget INTCUSDT	+0.0245%	8h	123.46	−0.032%	$25.5M	$34.1M	50x	as long as short
tradeXYZ xyz:INTC	+0.0291%	1h	123.40	−0.081%	$146.4M	$79.3M	10x	as long as short
Phoenix INTC	+0.0325%	1h	123.40	−0.081%	$47K	$256K	10x	as long as short
Deribit INTC_USDC-PERPETUALlong	+0.0398%	1h	123.50	long leg	$21K	$178K	10x
Lighter INTC	+0.0416%	1h	123.48	−0.019%	$1.5M	$1.9M	10x	as long as short
RISEx INTC/USDC	+0.0433%	1h	123.51	+0.011%	$342K	$378K	10x	as long as short
edgeX INTCUSDC	+0.0489%	4h	123.64	+0.109%	$88K	$288K	10x	as long as short
Arcus INTC-USD	+0.0567%	1h	123.42	−0.065%	$108K	$298K	10x	as long as short